Quote:
Originally Posted by gbettle  Thanks Stewartd14,
God, why the f**k would the industry call it a Penalty?
Probably done by the same people that write Hants when they want to shorten Hampshire!
Thanks again,
Garry |
I think the reason it's called the penalty is that for future races the race conditions might say something like........
Penalties.......for winner of a race worth £ 3000 - 3lbs, for winner of a race worth £ 5000 - 7 lbs, for winner of a race worth £ 10,000 - 10 lbs.
This race is worth £ 2928..........to the winner.........so you could enter that future race without a penalty 'cos it's under the £ 3000
If the amount had been £ 3001 to the winner, you would get a 3 lb penalty in that future race.
That's why they call it 'the penalty value' of the race..........it relates to future entries.