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Jump On The Money Train
@ the Northeast Alpaca Expo!
Below is an explanation about how the premium program works at the
Expo:
- Each exhibitor entry into a halter or production class must pay a
$25 Premium in addition to the normal entry fee for the class.
- The Premiums received are paid out as winnings to all recipients of
third place or better, including Champions and Reserve Champions.
- The amount of payout per placing per class is determined by the total
number of entries in that class.
- As an example: a male alpaca placing first in a yearling class of 12
alpacas will be paid winnings greater than a male alpaca placing first
in a yearling class of 5 alpacas
- For a class with at least 3 entries, First place will receive 36% of the
total Premiums collected for this class, Second place will receive 25%
and Third place 14%
- For a class with 2 entries, First place will receive 45% of the total
Premiums collected ($44 after admin expense) or $19.80 and Second place
will receive 30% or $13.20
- For a class with only 1 entry, First place will receive 75% of $22 or
$16.50.
For all production classes and any class inside a color group not
qualifying for Championship with at least 3 entries, First place will
receive 45% of the total Premiums collected for this class, Second place
will receive 30% and Third place 25%
- For all production classes and any class inside a color group not
qualifying for Championship with 2 entries, First place will receive 60%
of the total Premiums collected for this class and Second place will
receive 40%
- For all production classes and any class inside a color group not
qualifying for Championship with only 1 entry, First place will receive
100% of the total Premiums collected for this class.
- The amount of payout for champion and reserve champion is determined
by the total number of entries in the respective gender’s color group.
- As an example: a female alpaca awarded color champion in a color group
of 75 total alpacas will be paid winnings greater than a female alpaca
awarded color champion in a color group of 40 total alpacas
- Color Champion will receive 15% of the total premiums collected from all
entries in this color group and Reserve Champion will receive 10%.
- In the event a color group does not have enough entries to meet AOBA
requirements to award a champion and reserve champion; all Premiums for
that color group will be paid out as winnings to the respective classes
within that color group according to the number of entries per class.
- The Northeast Expo Management will retain $3 of each $25 Premium to
cover administrative expenses. The remaining $22 per entry will be paid
out as winnings for the current show of which entry was submitted.
- Exhibitors must pay the required Premiums at the same time
registration is submitted for each class.
- For production classes, Premiums will be accepted with each entry up to
the deadline for entry in each production class including entries made
on-site at the show.
- Premiums are per entry, in the case of some production classes which
judge 3 alpaca together under one entry, the total required Premium is
still $25.
- All winnings will be calculated after completion of the show and
checks will be mailed as soon as possible to the address of the owner of
record (or holds Owner of Record at Time of Entry Form) as recorded on
the show registration forms.
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