Mandatory payouts
of both jackpot wagers on July 28 – 29
EAST RUTHERFORD, NJ (July 26, 2017) – The Meadowlands
Racetrack will offer horseplayers a rare opportunity this weekend with mandatory
payouts in the track’s two jackpot super high five wagers.
The Meadowlands will pay out the jackpot in the Race Five
wager on Friday and the jackpot in the last race wager on Saturday.
The Race Five jackpot $35,864 while the last race jackpot is
$68,933 and will grow into Saturday with one more night of action, assuming it
is not taken down on Friday night. Both wagers have a 20-cent base wager and
carry a 15 percent takeout. On nights when there is no single winning ticket,
25 percent of the net pool is added to the jackpot amount while 75 percent of
the net pool is paid out to the multiple winners.
The wagers represent a tremendous opportunity and value for
horseplayers. In Friday’s mandatory payout race (Race 5), players will be
wagering into a zero percent or negative takeout pool with up to $239,093 in
new money wagered. In Saturday’s mandatory payout race (Race 12), there will be
a zero or negative takeout scenario with up to $459,553 in new money wagered.
The lower the takeout rate of a wager, the more money that is returned to
players holding winning tickets.
Friday’s mandatory payout race features a full field of 10
trotters racing at the bottom level condition of non-winners of $3,500 in their
last five starts or optional claiming price of $10,000.
Saturday’s last race mandatory payout also features a full
field of 10 pacers racing at the non-winners of two races or $20,000 lifetime
condition.
The Race Five jackpot has grown since May 20 when it was hit
for $43,641. The last race jackpot has grown since December 11 when it was hit
for $68,028.
