Horse racing has always been a luxurious sport reserved for the elite, which is why most well-known professional horse racing events have millions of dollars in prize purses. Throughout the years, as horse racing became more popular, there were new horse racing events that emerged out of nowhere with huge prize purses up for grabs. With such high prizes as rewards, they quickly became the target for most professional racehorse owners as they chase them in order to make profits from horse racing. This is why owners and trainers pay special attention to races with big prize purses just because…