The "Allowance Race" is a popular event in the world of horse racing, where horses compete for a specific monetary prize. This race typically features horses that have not yet won a significant amount of money, allowing them to compete against others of similar experience. The term "allowance" refers to the weight adjustments made to the horses based on their past performances. In an Allowance Race, the conditions are set to ensure fair competition. Factors such as age, gender, and previous earnings are considered when determining eligibility. This format helps to showcase emerging talent in the sport, providing opportunities for both horses and jockeys to gain recognition and experience.