Friday, February 5
carryover is first at the Big M since August 2015
EAST RUTHERFORD, NJ
(February 2, 2016) – A Pick Five
carryover of $18,653 awaits handicappers when live racing returns to the Meadowlands this Friday, February 6. The Pick Five begins
on Race Three and features a 50-cent base wager and low 15-percent takeout. To
further entice horseplayers, the Meadowlands
has increased the guaranteed pool amount to $50,000 and the sequence will be
featured as part of the United States Trotting Association’s Strategic Wagering
Program.
“Friday is a value players
dream because the Pick Five is certain to attract a lot of new investors with a
carryover of $18,653,” said Meadowlands
CEO/GM Jason M. Settlemoir. “A negative takeout scenario is possible because of
the lower takeout. The Pick Five winners will actually collect more money than
the bet takes in on Friday if the final pool is under $124,000. Combine the
investment opportunities with only 35 percent of the favorites winning and you
can see why The Meadowlands is
anticipating giant betting pools this weekend.”
The last Pick Five carryover
at the Meadowlands was on August 7,
2015 for $29,460. A total of $131,164 in new money was wagered that night for a
total pool of $160,624. After takeout, horseplayers were returned a total of
$140,949 which actually represents a negative takeout situation. The
horseplayers’ advantage was 7.4 percent, a very rare occurrence in pari-mutuel
wagering and most worthy of investment.
In addition to the increased
guarantee on the Pick Five wager, the Meadowlands
also offers a $25,000 guaranteed pool in the Early Pick Four wager (Races 5 –
8) and a $50,000 guaranteed pool in the Late Pick Four (Races 9 – 12).
“The Meadowlands
has always been an industry leader in regards to giving more money back to the
players,” said Settlemoir. “Instead of going with a 25 percent rake on the
guaranteed pool wagers , The Meadowlands offers the three guaranteed pools at 15
percent, a substantial takeout reduction of 40 percent.”
Free deluxe past performance
pages provided by TrackMaster will be available for both the Pick Five and late
Pick Four wagers on the USTA’s Strategic Wagering page
and the Meadowlands
website.
Friday also marks the first
race date of February, coming on the heels of a robust January that saw average
nightly handle of more than $3 million. The large wagering pools and low
percentage of winning favorites helped trigger generous payoffs. For example,
last weekend, the average $2 win price was nearly $13 while the average $2
exacta paid almost $94 and the average $2 trifecta returned more than $566.
Live racing takes place
Friday and Saturday nights at the Meadowlands
with 14-race programs beginning at 6:35 p.m.
For more information, visit www.playmeadowlands.com.
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