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What Tom said -- at Delaware Park the layoff must be 180 days or more and the horse must be entered in a claimer at or greater the price of his last claiming race. I don't know the required days off at NYRA for the waiver?
The rule was actually instituted to encourage owners/trainers to give horses that have problems time off (with the waiver, you don't risk losing the horse off a layoff). I think it's a good rule, and it doesn't hurt bettors in anyway (beyond the initial confusion of understanding it).
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