Today, we will answer a question sent in by William W.
“In general which track or tracks attract the very best greyhounds….and on average what would an owner get for a win place or show?”
The obvious answer is the best greyhounds will run at the track with the highest purses. At this time, that would be Southland Park Gaming and Racing, located in West Memphis, AR. Wheeling Island is also a track with high purses. That is not to say that other tracks such as Derby Lane, Palm Beach and Orange Park do not have top flight greyhounds, they do, but Southland and Wheeling Island have, overall, the best quality, in my opinion.
The second question is a little harder to answer because it varies so much from track to track. The track will pay purses based on “points”. The points are calculated by the amount of money that is available for purses. A point value is set for the grade and distance. An example would be that a Grade A sprint could be worth 8 points to the winner, and if each point is worth say $70, then the kennel owner of the winner of the race would get $560.00. The point value is calculated each week, depending on handle, etc. Point values vary greatly, depending on the track, and can be as low as $30 to a high of $300. Generally, the purse is paid out at a ratio of 8 points to the winner, 4 points for second, 2 points for third, and 1 point for fourth.
One other point is that the purse money is paid to the kennel owner, not the greyhound’s owner. If the kennel owner owns the greyhound, they keep all the money. If the kennel owner is not the owner, the common practice is for the owner of the greyhound to “lease” the greyhound to the kennel owner. The owner would then receive 35-50% of the earnings of the greyhound from the kennel owner. Leases are generally done at the time the dog starts his career and is good for the racing lifetime of the greyhound. The kennel owner is responsible for all the expenses of the greyhound while it is running.
Thank you, William, for the great question!
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