Monday, March 14, 2011

Northfield Harness Slashes Rakes to 14%, Guarantees Pools

Northfield to lower takeout on three wagers
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


The_Knight_Sky said...

Keep the heat on. It's working!

I look forward to reductions in the exacta and trifecta pools one sunny day also.

That Blog Guy said...

I'd like to know when they ae going to lower takeouts on WPS wagers as well; where moant players play.

The_Knight_Sky said...

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.