Reward Incentive Scheme to assist Owners lighten the weight of keeping horses in Singapore.
Under Reward Incentive scheme, an incentive will be paid to Owner of a Singapore-based horse in the form of a “credit rebate”. This “credit rebate” amount due to the Owner will be used to offset against his horse’s monthly training bill and the Owner will only be billed the balance by his Trainer.
With effect from 1 April 2021, Owners ranking from 1st to 8th placing will receive rewards under the criteria below.
Prize money distribution
If your horse runs | 1st | 48.25% |
2nd | 17% | |
3rd | 8.5% | |
4th | 4.0% | |
5th | 2.0% | |
6th | 1.0% | |
Reward Incentive Scheme | 2nd to 8th placing | $600 |