(not majorly sure to be honest..but i'll have a crack because i have a vague idea )
actual is the ACTUAL (lol) money you have won in a class...so if you win £40 for first place that goes in your actual, as you have actually won it.
the notional prize money is (sorry if im wrong) but is based on age i think...but anyways...what ever it is based on... it is always less than the actual and was created so that younger horses who won money didnt progress out of the smaller classes with ther winnings before they were ready...
e.g. a young horse could have actually won £350 in say a year...but might not be ready to jump foxhunter (as newcomers limit is 300) if that makes sense?! lol xx
just thought...a better example is say a 4 year old that is very green and has started bsja and wins £200 in about 8 months or so...but isn't ready to jump higher than discovery. its notional money would probably be more like £90 and there fore still eligble for british novice as it is a young horse he might need the confidnece...lol
whereas my horse for example is 19...his actual is £491 but his notional is £457...as he is older his notional is pretty much the same as he doesnt really need any room to progress?? if that makes sense?
sorry if someone corrects me and i've been talking a load of balls lol xx
Notional is what is credited to your horse's card. If they recorded all the actual money you win, it would mean that you would move out of the different classes (discovery, british novice, newcomers, foxhunters) too quickly, as there are limits to what class a horse can jump if it has certain amounts of money on it's card.
Actual winnings is that amount of money that you physically take home and can spend.
Notional winnings is how much money that your horse is given on it's record when it gets placed in a class.
If you look on the BSJA website it lists for all classes the notional prize money.
At a big show you can win £50 for a British Novice, the limit on a BN class is £100, so if you won 2 classes you would never be able to jump your 4 double clears. It is to make sure that horses do not jump out of the classes too soon. they also changed the rules so that you only get notional money if you jump double clear
My horse for example has £2,500 Actual and £1,900 Notional, she's 14.
from the bsja website:
What is the difference between Actual and Notional amounts?
Actual prize money is the amount of money taken home on the day. Notional prize money is the amount the horse/pony is graded on, is a set amount and smaller than the amount awarded. Example - Any horse that wins a British Novice can be awarded any amount of prize money on the day, the rider may win £50 for example. However, for this win a maximum of £15 will be graded as Notional winnings. The Notional amounts for each placing in each class can be found in the rule book, page 51 onwards. National classes and qualifiers only have Notional money graded when a double clear is achieved.
What is the point of having two sets of winnings?
Notional money is designed to allow horses and riders to remain in Novice classes for longer. If all Actual money was graded, horses would jump out of classes much quicker, too quick for the development of a horse and/or rider.
The notional will be the same across the board for each class level. For example, if you win a BN you will have as much notional prize money as someone else that won a BN at another show. It makes it fair for everyone. To get notional prize money you must jump a double clear (at the lower levels at least).
The class limits will go on your notional prize money. It wouldn't matter if your horse had won £500 in a championship class, you would still be able to jump BN, as long as only £20 of that was notional prize money (and obviously you were below BN limit).
To be honest the difference is:
Notional: this is the important one. You need to know how much notional money you have won as this determines the classes you can enter.
Actual: Means nothing except how many bottles of wine you can buy on your way home!
Some show centres are more generous with prize money, others stick to minimums. Having standard amounts graded for the class ie £15 for a BN win, simply means that every rider is treated the same and not penalised for attending a more generous competition. At the end of the day, BN is BN. It matters not how MUCH you get in your hand - a win at BN means the same, whatever the Actual prize money. As everyone gets the same graded prize, ie £15, if they win a class, in theory, every horse that jumps "out" of BN will have the same, or very similar,level of experience. Obviously there are horses that very quickly pass the £100 mark, but the whole idea ( I think!) is to ensure that the novices are genuine novices, and so on up the levels, so the playing field is relatively even. If you choose to compete above your graded level ie Newcomers when you only have £10 winnings, then fine - no one will complain!
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Does anyone else think this is a stupid system? If horses jump out their class too soon why not raise the limits!! Maybe its just to confuse people
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No I think it is a very good idea. As someone else posted it means everyone is competing on a level playing field.
It was also hoped (and sometimes happens) that show organisers might get good sponsorship for a novice class, without the prize winners being upgraded before they really had enough experiemce.