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.
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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 info@hanaweb.org.
Keep the heat on. It's working!
ReplyDeleteI 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.
ReplyDeleteThe win-place-show pools are the basic steppingstones for the new and casual players.
ReplyDeleteThe 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.