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Tuesday, October 1, 2013

CalX1 - LOWER MINIMUMS, CONTINUED REDUCED TAKEOUT AT CAL EXPO HARNESS MEET THAT BEGINS SATURDAY


By Mark Ratzky, publicity – Cal Expo Harness

When the Watch and Wager LLC harness meet at Cal Expo opens Saturday night, October 5, fans will be able to play trifecta and Pick 4 wagers in 20-cent denominations for the first time in California history.

“We have been following closely the lower minimums offered at Woodbine and Mohawk in Canada and the results have been very impressive,” said Watch and Wager LLC General Manger Chris Schick. “The lower minimum helps the small player spread more and clearly increases churn."

Cal Expo will also continue to offer a reduced 16 percent takeout rate on the Pick 5, Pick 4 and Super High 5 wagers, while also continuing the 10-cent minimums on the superfecta and Super High 5.

There will be Saturday night racing in October, with Friday and Saturday evening action beginning in November