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The Constitutionality Of Claiming Jail, Paul E. Salamanca
The Constitutionality Of Claiming Jail, Paul E. Salamanca
Law Faculty Scholarly Articles
Most pari-mutuel horse races in the United States are claiming races.In such races, a track official stipulates a claim price, and any authorized person may buy any horse that runs in that race at that price. This device discourages owners from running overqualified horses, which tends to ensure competitive fields. Say, for example, an official set a price of $50,000 for a race. An owner who ran a $60,000 horse in that race would stand a fair chance of picking up a good part of the purse, but he or she would also run a high risk of losing the …