Cowboy Mounted Shooting is a time-based competition that requires horse and rider to navigate a course of ten targets (balloons) in the fastest time. Riders shoot the balloons with two .45 caliber single action revolvers, loaded with 5 rounds each of black powder blanks. After a shooter fires the fifth shot, he or she returns the empty revolver to a holster and proceeds to the next set of five targets. In addition to a shooters raw time, penalties are added for each missed balloon in addition to penalties for dropped guns, knocked down barrels, etc. The competition is broken into four to six rounds or “stages” with a different course for each stage. The contestant with the fastest accumulated time wins.