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Fort Erie Racetrack Swells Purses ahead of CA$400,000 Prince of Wales Stakes

Fort Erie Racetrack is amid a heated summer season with a myriad of live races taking place on a regular basis. In order to make the experience pleasant for all participants, the management made it clear that purses are going to witness a five-percent jump that would be visible in the remaining weeks of the 2019 live racing season.

All mandatory approvals of the increase have already been given. Purses are what motivates horse people to continue their work and elevate it to the next level.

There is a particular amount of cash that could be grabbed by the racing horses and their owners in every live race. Depending on the size and prominence of a given racetrack, the purses could swell to millions of Canadian dollars.

Fort Erie Hosts Canadian Triple Crown

Fort Erie Racetrack in Ontario is among the larger ones, as it has been in operation ever since 1897. Now the management wants to step up its game. Bigger purses equal content horse people and this is common sense for many racetracks.

An increase in the purses must receive the approval of leading force in the field. The five-percent jump was greenlighted by Horsemen’s Benevolent and Protective Association of Ontario and the Board of Directors of the Fort Erie Live Racing Consortium.

The main reason behind this surge is a relatively smaller number of participants in the live races part of the Fort Erie Racetrackโ€™s 2019 schedule.

Tom Valiquette, chief operating and financial officer of the FELRC, pointed out that the increase could draw more horses ahead of the thrilling live races this summer. Big names in the racing world to the likes of Flavien Prat and Richard Baltas would return for the second portion of racing thrill part of the Canadian Triple Crown.

Purse Increase Anticipated

On July 23, the post time is set to 3:55 p.m. guaranteeing an exciting afternoon for all individuals interested in becoming part of the event. In addition to the five percent surge, the Board of Directors also gave its nod to a 20-percent jump in almost all Prince of Wales races. The only exception that would not see an increase is the CA$400,000 Prince of Wales Stakes race that is also part of the Canadian Triple Crown.

The live race is known as the second of three legs of this live racing extravaganza. Three-year-old horses such as Skywire and One Bad Boy are among the leaders among betting enthusiasts, as they come with the best odds for this second race. This race is going to be the 84th one for the Prince of Wales Stakes and people are excited for the opportunities it could bring.

Ontario Lottery and Gaming Corporation recently made it clear that there is one more incentive for participation in the event, as this could bring a bonus windfall for the winner of all three legs. The corporation offers a special CA$500,000 bonus for the colt that manages to become the 13th horse to win the entire Canadian Triple Crown.