Monday, March 14, 2011
Northfield Harness Slashes Rakes to 14%, Guarantees Pools
Monday, March 14, 2011 - by Keith Gisser, for Northfield Park
Northfield, OH --- Next month, Northfield Park wagering fans across the continent will be in the green instead of being mellow yellow.
Effective April 1, Pick 3, Pick 4 and Pick 5 wagers at Northfield will have a reduced takeout of just 14 percent, more than a one-third reduction from the previous rate. That will increase pool sizes on the multi-race wagers, according to Executive Vice President of Racing Dave Bianconi.
Northfield is also participating in a joint program with the USTA to guarantee $10,000 Pick 4 pools every Friday and Saturday in April.
That one-two punch will increase returns to patrons and might even be enough to get Donovan Leitch to take a shot at the wager.
The Pick 5 is a $1 wager conducted on races three through seven each live race night, while the Pick 4 is available on races 8-11. There are Pick 3 wagers offered on races 3-5, 6-8 and 9-11.
Note: with more and more tracks jumping aboard lower takeout and/or special offers, we at HANA need some help (again!). We'd like to set up a player resource page, so horseplayers can have a place to find takeout changes, pool guarantees, etc. If anyone out there knows html, or has some web talent, and some time; please let us know firstname.lastname@example.org.
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Keep the heat on. It's working!
I look forward to reductions in the exacta and trifecta pools one sunny day also.
I'd like to know when they ae going to lower takeouts on WPS wagers as well; where moant players play.
The win-place-show pools are the basic steppingstones for the new and casual players.
The latter two wagering pools are clearly underperforming and should be the first ones to be tried with a 10% flat takeout rate in order to bolster business.
Much to gain and little to lose.
Tracks should get on it right away.
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