Horses will be running for more money this summer at Saratoga. The New York Racing Association announced Thursday that purses for overnight races for the one-week Belmont Stakes Racing Festival and the 46-day summer meet will increase by a blended average of almost 14 percent. The largest purse increase will be in the New York-bred maiden 2-year-old division, which will see purses go from $90,000 to $115,000, an increase of 27.8 percent. Maiden 2-year-old races for open company will increase 15 percent to $115,000 as now both open and statebred juvenile maidens will carry the same purse. Maiden auction races, restricted to horses who sold or failed to reach their reserve of $65,000, will have their purses raised to $90,000 from $80,000. :: Access the most trusted data and information in horse racing! DRF Past Performances and Picks are available now. Open first-level allowances will increase to $120,000 from $110,000, while second-level allowances will increase to $125,000 from $115,000. New York-bred first-level allowances go to $105,000 from $95,000, and statebred second-level allowances go to $110,000 from $100,000.  The average purse at Saratoga will be $90,961, up 13.8 percent from $79,955. The five-day Belmont Stakes Racing Festival will take place from June 3-7. The regular Saratoga meet will run from July 3 to Sept. 7. These purse increases will not be in play for the three racing weeks (June 11-28) at Aqueduct in between the Belmont Stakes Racing Festival and the opening of the Saratoga summer meet. :: Want to learn more about handicapping and wagering? Check out DRF's Handicapping 101 and Wagering 101 pages.