1. Buy a 2027 breeding. It must be a paid 2027 breeding to Stevie Rey Von, SEVS Judgement Day, Pepinstep or Outta Yur League, for a mare you own. Fresh, frozen and ICSI breedings all count.
2. Pick your horse. Any horse sired by a Theorem Ranch stallion can use your breeding. It doesn't have to be by the stallion you booked.
3. Register the horse with Theorem Ranch at least 30 days before the event starts. Theorem Ranch must accept the registration.
4. Compete. If your horse finishes in the top five overall in the finals, you earn the bonus.

One paid breeding qualifies one horse at one event. To qualify a second horse, or the same horse at a second event, buy a second breeding.

What doesn't count: Rebreeds, breedings bought from someone other than Theorem Ranch and complimentary breedings do not qualify unless Theorem Ranch agrees in writing.

Every Theorem Ranch Incentive payment is split the same way:

• One-third goes to the horse's breeder.
• Two-thirds goes to the horse's owner, who can share it with the trainer or rider under their own private agreement.

Example: If a Theorem-sired horse wins the Gold Buckle 4 & Under Heeling, the $125,000 bonus is split about $83,333 to the owner and about $41,667 to the breeder. If you bred and own the horse, you keep all of it.

Payees are named when the horse is registered.