Frankie Lovato Jr. explains the term stake. He discusses the term in reference to a certain type of horse race. Lovato previews various types of stakes races and explains how qualifications, invitations, entry fees, and the amount of purse money involved are changed and adjusted as races become more competitive.
More About the 365 Day Series!
Frankie Lovato Jr. vowed to create 365 racing terminology videos for every day of the year for 2013 - an effort to better educate racing fans and bring awareness to Jockey World. Please watch and share with friends to support Frankie in his mission!
"There are also many misconceptions in horse racing and many potential fans could enjoy the sport better. I love to explain the things that will help open up people's minds and answer many wonders in the world of horse racing that will offer a greater appreciation and understanding of the industry. This will help bring more fans and enjoyment to the sport of horse racing," Lovato said.