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Thursday, July 5, 2012

M1 - Meadowlands Creates More Opportunities For Bettors To Cash In

Meadowlands Racetrack will head into the heart of its stakes season with higher pool guarantees and several new wagers designed to stimulate more betting action.

Starting July 7, the Saturday Pick 4 will feature a $100,000 pool guarantee. The Thursday and Friday pools are secured at $50,000.  For the 2012 racing season, the Meadowlands Pick 4 pool has averaged $76,749.  The average payoff this year is $2,990, up nearly 50 percent from the 2011 average payoff of $2,099.  A $1 wager, the Pick 4 spans races six through nine.

On nights when the pool guarantees are not met, the effective takeout on the Pick 4 and other guaranteed wagers becomes even lower due to the added money, creating a great value situation for bettors. 

The Friday Pick 6 pool will be guaranteed at $10,000 (for six-of-six) starting July 6. A $20,000 guaranteed Pick 5 pool also remains in effect each night. The Pick 5, offered on the first five races, will also feature a lower 15 percent takeout starting Friday.

A Super High Five wager, which will feature a $20,000 guaranteed pool, will make its debut Saturday, July 7. A 10-cent bet, the Super High Five requires horseplayers to correctly select the top five finishers in a race. The wager will be offered on the last race of the night.

An additional Pick 3 wager, placed in race seven, will also join the nightly wagering line-up.