Jockeys play a huge role in the racing industry, and their job is to ride horses during races. Jockeys often use a variety of terms and phrases that can be confusing for those who are unfamiliar with the sport. One common phrase is “claiming 3” – but what does it actually mean?
What is Claiming 3?
Claiming 3 is a term that is used when a jockey wants to ride a horse that is owned by another person. In horse racing, there are various types of races, and some of them involve claiming a horse – this is where a jockey pays a certain price to the owner of the horse they would like to ride.
When a jockey claims 3, they have offered the owner of the horse they would like to ride a sum of money that is three times the amount they originally paid for the horse. The amount of money offered is usually dependent on the type of race being run, as different types of races have different claiming prices.
Why Would a Jockey Claim 3?
There can be a variety of reasons why a jockey would claim 3. Firstly, the jockey may believe that the horse they are riding has a good chance of winning the race, and therefore they are willing to pay an increased amount of money to ride it.
Claiming 3 can also be beneficial for the owner of the horse. If the horse does win the race, the owner will receive three times the amount of money they originally paid for the horse, which can be a great return on investment.
Additionally, claiming 3 can be a way for a jockey to show their confidence in their own abilities. By offering three times the amount of money, they are demonstrating to the owner that they are confident in their skills and believe they can win the race with the horse they are riding.
What are the Rules Around Claiming 3?
It is important to note that there are rules and regulations surrounding claiming 3. The first rule is that the jockey must be licensed to ride in the race they are claiming 3 for. Additionally, the owner of the horse must agree to the claiming 3 offer before the jockey is allowed to ride the horse.
Claiming 3 must also take place prior to the start of the race, as it is not allowed to take place during a race. Additionally, the race must be a claiming race, which means that the horses in the race must be for sale for a certain claiming price.
What is the Difference Between Claiming 3 and Claiming 2?
Claiming 3 is not the only type of claiming that can take place in a race. Claiming 2 is also an option, which involves the jockey offering the owner of the horse two times the amount of money they originally paid for it.
The main difference between claiming 3 and claiming 2 is that claiming 3 is usually seen as a more confident move, as the jockey is offering the owner a higher sum of money in order to ride the horse. Additionally, claiming 3 can be seen as a way to show respect to the owner of the horse, as they are offering a higher sum of money than they would have to in order to ride the horse.
How Can a Jockey Claim 3?
In order to claim 3, a jockey must first contact the owner of the horse they would like to ride and make them an offer. The jockey must also make sure that they are licensed to ride in the race they are claiming 3 for, and that the race is a claiming race.
Once the owner has accepted the offer, the jockey must then contact the racing stewards and submit the claim. The stewards will then review the claim and either accept or reject it. If the claim is accepted, the jockey will be allowed to ride the horse in the race.
What are the Benefits of Claiming 3?
Claiming 3 has a variety of benefits for both the jockey and the owner of the horse. For the jockey, claiming 3 can be beneficial as it is a way for them to demonstrate their confidence in their own skills and show respect to the owner of the horse. Additionally, it can be beneficial for the owner of the horse, as they may receive a higher sum of money if the horse wins the race.
What are the Drawbacks of Claiming 3?
While claiming 3 can be beneficial for both the jockey and the owner of the horse, there are also some drawbacks. Firstly, if the horse does not win the race, the owner will not receive any money as the jockey will not have to pay the amount they offered. Additionally, if the claim is rejected by the stewards, the jockey will not be able to ride the horse in the race.
Examples of Claiming 3 in Horse Racing
Claiming 3 is not an uncommon occurrence in the world of horse racing. In the 2019 Kentucky Derby, jockey Mike Smith claimed the horse Roadster for three times the amount of money the owner originally paid for it.
Additionally, in the 2018 Preakness Stakes, jockey Javier Castellano claimed the horse Tenfold for three times the amount the owner originally paid for it.
Conclusion
In conclusion, claiming 3 is a term used by jockeys when they want to ride a horse owned by someone else. It involves the jockey offering the owner of the horse three times the amount of money they originally paid for the horse, and is usually done to demonstrate the jockey’s confidence in their own skills.
There are rules and regulations surrounding claiming 3, and it is important to note that it must take place prior to the start of the race. Claiming 3 can be beneficial for both the jockey and the owner of the horse, although there are some drawbacks.
Claiming 3 is an important part of the horse racing industry, and it is a term that all those interested in the sport should be familiar with.