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Old 09-16-2020, 05:12 PM   #2
trp
Registered User
 
Join Date: Mar 2004
Location: Fly Over Country
Posts: 23
I think the two main differences are:

1. Black type has a minimum purse of $50K (or more if a new race). Listed minimum is $75K.

2. Black type has a minimum quality score based on speed figures. Listed status is based on the Graded Stakes Committee's evaluation of multiple quality factors.

Listed stakes should generally be higher quality than non-Listed black type stakes races.
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