ALLOWANCE
Probably
no racetrack term eludes newcomers and novices,
even casual racegoers, as does reference
to an "allowance" race. Indeed,
it's a puzzling term. Literally, "allowance"
refers to weight allowances horses may be
entitled to (such as three pounds off today's
assigned weight for horses that have not
won in the past three months), based upon
their recent records or age-sex differences.
In
handicapping terms, an allowance race is
best regarded as a non-claiming event (horses
are not for sale) intended either for younger
horses not yet ready for stakes competition.
Thus
handicappers must deal with two broad categories
of allowance races:
Non-winners
allowance races
Classified
allowance races.
*
Many maiden graduates proceed directly to
a series of allowance races that are restricted
to horses that have had preliminary levels
of success. The conditions may specify:
1.
For non-winners of a race other than maiden
or claiming races.
2. For non-winners twice other than maiden
or claiming races.
3. For non-winners three times other than
maiden or claiming races.
There
are several variations on the theme, but the
basic idea is to limit eligibility to horses
that have not yet won one, two, or three allowance/stakes
races.
As
a rule, therefore, handicappers best prefer
younger, lightly-raced, improving horses that
might be any kind,as opposed to older, highly
experienced horses that have looked rather
ordinary in ability and are still eligible
to compete at these levels.
*
Classified allowance races are carded for
older horses 3up that have not won one, two,
or multiple races offering a specified winner's
share (first money) since a specified date,
such as for non-winners of $35,000 since March
1.
1.
Classified allowances conditions can be complicated
and challenging, but in general the more wins
and first money allowed and the shorter the
specified date in the past, the more good
horses will be eligible and the stronger will
be the fields.
2.
Where no recent wins are allowed, and the
first money is ordinary and the specified
date six months ago or longer, many good horses
and recent non-claiming winners will be barred,
and the fields will be weaker. Slightly inferior
horses in particuarly sharp form and well-suited
to the surface, distance and probable pace
may be preferred to better horses returning
from long layoffs.