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For Riders
How can I participate in Legendary Stakes?
Participating in Legendary Stakes is simple! Start by checking if your horse’s sire is enrolled in the program and has unlocked the disciplines you’re interested in. If not, consider discussing the benefits of the program with them. Once eligibility is confirmed, create a free account at legendarystakes.com. Your horses are already in the system, so search for yours and claim it rather than entering its details by hand. From there, you can start entering qualifying Legendary Stakes events. By competing, you’re not only vying for prize money and recognition but also helping generate royalties for the sire owner, breeder, and dam owner of your horse—making it a win-win for all involved.
Can I enter multiple horses in the same event?
Yes, riders can enter multiple horses in the same event as long as they meet the event requirements and pay the entry fees for each horse.
How do I view my event results and standings as a rider?
Your event results and performance history are available on your Legendary Stakes performance dashboard. Simply log in to view your standings and past performances. Overall standings are also provided on the Legendary Stakes leaderboard.
What if my sire hasn’t unlocked a discipline I want to compete in?
If your sire hasn’t unlocked a discipline you wish to compete in, you have a few options:
- Contact the sire owner and request they unlock the discipline.
- Reach out to a Legendary Stakes team member, and we will contact the sire owner on your behalf.
For Horse Owners
How can I participate in Legendary Stakes?
If you own a horse whose sire is enrolled in Legendary Stakes and has unlocked the disciplines you want to compete in, you’re ready to begin. Simply create a free account at legendarystakes.com. Your horses are already in the system, so search for yours and claim them rather than entering their information by hand. From there, you can explore the qualifying events available to you. Legendary Stakes offers a fantastic chance to compete for top prizes while contributing to the growth and success of the western performance horse industry.
How can I track my horse’s performance and standings as an owner?
Horse owners can view their horse’s competition history and any earnings through the Legendary Stakes performance dashboard. Simply log in to your account to access these records. Overall standings are also provided on the Legendary Stakes leaderboard.
What if my sire hasn’t unlocked a discipline I want to compete in?
If your sire hasn’t unlocked a discipline you wish to compete in, you have a few options:
- Contact the sire owner and request they unlock the discipline.
- Reach out to a Legendary Stakes team member, and we will contact the sire owner on your behalf.
For Sire Owners
What is Legendary Stakes and how does it benefit me?
Legendary Stakes offers a new way for western performance horse competitors, breeders, and sire owners to benefit from the sport. It operates as a technology platform uniting 14 western disciplines (everything that uses a western saddle) and adds a supplementary layer of competition with significant prize money. As a sire owner, your sire’s offspring can compete for this additional prize money in Legendary Stakes events. Think of it like a side pot offered at many horse shows, but on a much larger scale and across multiple disciplines. Enrolling in Legendary Stakes creates a new revenue stream not present in traditional sire incentives, offering more equitable rewards and incentivizing the breeding of competitive horses.
How do I enroll my sire, and what are the costs involved?
Enrolling your sire is simple. Create a free account at legendarystakes.com, then enroll your sire for a one-time fee of $25,000.
You can pay the $25,000 up front, or finance it with $0 down. If you finance, the $25 royalty you earn as the sire owner on each entry by one of your sire’s offspring goes toward the balance until it’s paid off. Royalties pay off the enrollment balance first, then any discipline unlock balance.
You can pay by card, ACH, or check.
Enrollment makes your sire eligible to unlock disciplines. His offspring compete only in disciplines that have been unlocked, and sire owner, dam owner, and breeder royalties start once at least one discipline is unlocked.
What does “unlocking disciplines” mean, and how does it work?
“Unlocking disciplines” is at the heart of Legendary Stakes. Enrolling your sire makes him eligible for unlocks, but enrollment alone doesn’t let his offspring compete. Each discipline you unlock opens that discipline to every offspring of your sire, and his offspring can compete only in unlocked disciplines. For example, if you unlock barrel racing, any horse sired by your sire can be entered in Legendary Stakes side pots at barrel racing events.
Sire owner, dam owner, and breeder royalties start once at least one discipline is unlocked.
Unlocking a discipline costs $15,000, and when you unlock your first discipline, you get a second discipline unlocked free. Financing is available with $5,000 cash down. The remaining $10,000 is paid from your sire owner royalties, after any enrollment balance is paid off. A financed unlock still includes the free bonus discipline.
How does the royalty system work, and how much can I potentially earn?
Every entry to a Legendary Stakes event costs $250, and that fee divides the same way every time: $125 to the Legendary Purse, $50 to platform operations, and $25 each to the sire owner, the dam owner, and the breeder.
The horse owner and the rider do not receive a royalty. They earn from the Legendary Purse by placing.
When your enrolled sire has an offspring competing in a Legendary Stakes event within an unlocked discipline, you earn a 10% royalty on their $250 entry fee. This means you receive $25 for every entry by one of your offspring. But it doesn’t stop there! The breeder of the horse and the dam owner each receive a 10% royalty as well. This shared royalty structure ensures that everyone involved in bringing that horse into the world benefits from their competitive success. Imagine your sire has 100 offspring competing in Legendary Stakes events throughout the year; that’s a potential $2500 annual royalty. And this is a conservative estimate. As Legendary Stakes continues to grow in popularity and participation, the potential for earning significant royalties increases substantially. The royalty system is what truly sets Legendary Stakes apart from traditional sire incentives.
Besides royalties, what other benefits do I get by enrolling my sire?
Enrolling your sire provides access to a comprehensive sire profile on the Legendary Stakes platform. This profile is more than just a static record of your sire’s offspring; it’s a dynamic tool that provides real-time data and insights into their performance. You can see how many offspring are competing, their earnings, and where they rank on leaderboards. It’s like having a personalized competition dashboard for your sire’s offspring. The sire profile also offers networking opportunities, enabling you to connect and engage with other owners of your sire’s offspring, share congratulations, and foster a sense of community.
What is the annual fee for my sire?
There is no annual fee when you enroll your sire with Legendary Stakes. The enrollment fee is a one-time payment that provides lifetime access to all platform features and royalties.
What if my sire hasn’t unlocked a discipline I want to compete in?
If your sire hasn’t unlocked a discipline you wish to compete in, you have a few options:
- Contact the sire owner and request they unlock the discipline.
- Reach out to a Legendary Stakes team member, and we will contact the sire owner on your behalf.
For Dam Owners & Breeders
How does Legendary Stakes benefit me?
For Breeders:
Legendary Stakes offers breeders a unique opportunity to continue earning from horses long after they are sold. Instead of your involvement ending once a foal is sold, you can earn a 10% royalty every time a horse you bred competes in a Legendary Stakes event. This means an additional $25 for each event one of your offspring enters. This ongoing revenue stream encourages breeding high-quality performance horses and keeps you connected to their success in the show arena.
For Dam Owners:
As a dam owner, your contribution to a horse’s success is equally recognized. Legendary Stakes rewards you with a 10% royalty on every event entry fee paid for horses produced by your mares. This means an additional $25 for each event one of your offspring enters. This financial incentive enhances the value of maintaining quality broodmares, making it a rewarding investment.
General Questions
What disciplines are currently included in Legendary Stakes?
Legendary Stakes currently encompasses 14 western disciplines:
-
- Barrel Racing
- Breakaway Roping
- Reined Cow Horse
- Cutting
- Heading
- Heeling
- Ranch Horse
- Ranch Rodeo
- Reining
- Steer Wrestling
- Tie-Down Roping
- Western Pleasure
- Pole Bending
- Sorting
This comprehensive range ensures there’s something for everyone within the western performance horse world.
How does Legendary Stakes differ from other sire incentives?
Many sire incentive programs exist, and while they serve their purpose, Legendary Stakes stands out for several reasons:
One-time Fees: The Legendary Stakes enrollment and unlocking fees are one-time payments, unlike many other programs requiring annual renewals. This simplifies the process for sire owners and ensures long-term benefits.
Shared Royalties: Legendary Stakes distributes royalties not just to sire owners, but also to breeders and dam owners, recognizing their integral roles in producing successful performance horses.
Technology-Driven: The Legendary Stakes platform is a game-changer, offering real-time data tracking, a user-friendly interface for entries and event discovery, and a dynamic experience that keeps everyone engaged.
How does Legendary Stakes support event producers and associations?
At Legendary Stakes, we understand the vital role that a thriving event circuit plays in the success of the entire industry. Here’s how we actively support event producers and associations:
Driving Increased Participation: Legendary Stakes encourages riders to compete in more events through our structured incentive programs. This leads to higher entry numbers, driving more revenue for event producers and contributing to the growth of the western performance horse industry.
Amplifying Event Visibility: We promote events directly on our platform, increasing their visibility and helping them reach a broader audience. This boosts awareness and attendance, supporting the success and sustainability of events across the industry.
How does the Legendary Stakes points system work?
Our claims system rewards each of the five competing categories for competing and for results. Claims are earned per entry at each event and accumulate through the year to rank on the Legendary Stakes leaderboards.
Each entry can earn up to 3 claims per event:
- Attendance: 1 claim for entering and competing, wherever you place.
- Top Offspring: 1 claim for the best-placed Legendary Stakes-entered horse by that sire at the event.
- Division Champion: 1 claim for winning the division (1st place).
Best of the Best has been retired.
What are the future goals for Legendary Stakes?
Legendary Stakes is committed to becoming the central hub of the western performance horse industry. Our future goals include:
- Enrolling 40,000 sires and 5 Million Horses: We aim to expand the program to include a significant portion of the western performance horse population, creating opportunities for more horses and riders to participate.
- Creating the Largest Purse in History: We plan to become the biggest purse in Western Performance Horse history.
- Adding More Disciplines: We plan to incorporate additional disciplines to make the program accessible to a broader range of competitors, ensuring the growth and inclusivity of the platform.
- Continuing Platform Development: We’re dedicated to refining and enhancing our platform based on user feedback and industry needs, ensuring that Legendary Stakes continues to provide value for all participants.
How can I contact Legendary Stakes for more information?
We encourage you to reach out with any questions or inquiries! Here’s how you can contact us:
- Website: Visit legendarystakes.com for detailed information about the program, enrollment, upcoming events, and more.
- Email: Have a specific question? Email us directly at info@legendarystakes.com.
- Social Media: Stay connected with us on social media for news, updates, and opportunities to engage with the Legendary Stakes community.
What are the competing categories?
The competing categories include:
– Horse: The competing offspring at the event, in the division.
– Rider: The individual who rode the offspring at the event, in the division.
– Dam: The dam of the competing offspring.
– Breeder: The breeder of the horse, as listed on their registration certificate.
– Sire: The sire of the competing offspring.
How much money did I win?
Legendary Stakes purses are derived from the Legendary Purse, which is funded by all entry fees. When you win an event purse, you receive a percentage of the Legendary Purse. Your earnings grow throughout the Annual Competition as more entries are made. You can track your purse earnings live on your user dashboard.
Why do I not get paid out until the end of the year?
Legendary Stakes is an annual competition, and earnings are distributed from the Legendary Purse, which grows with each entry throughout the year. Think of it like a stock market app—your earnings increase as more entries are added. At the end of the year, we conduct a thorough audit and distribute all winnings to the participants.
How do you decide which events to add?
We select events based on user feedback, popular associations, and geographic diversity to ensure broad competitive opportunities across all disciplines and regions.
Can I nominate an event?
Yes! You can request the addition of an event by emailing us at info@legendarystakes.com or by filling out our contact form. Please submit your request at least three months in advance, or it will be considered for the next competition year.