Wednesday, April 13, 2011
Calder Goes North American Low 12% on New Pick 5
50¢ Pick Five with Lowest Takeout Rate in the Country Headlines New Wagering Menu at Calder in 2011
MIAMI GARDENS, Fla. (April 13, 2011) – In preparation for its 40th Anniversary Celebration Season, Calder Casino & Race Course officials have announced the wagering menu for the Calder and Tropical meets in 2011, highlighted by the nationally-popular Pick 5 wager with an industry-low takeout rate of 12%. Calder’s season opener is April 25.
“Calder’s new wagering format builds a crescendo heading into the last five races of the card with a hallmark Pick 5 rolling into Pick 4, Pick 3, and late double wagering,” said Calder Vice President and General Manager John Marshall . “Most exciting is the debut of Calder’s Pick 5, today’s betting sensation, priced 20% less than any other track in the country.
“Insights from the Horseplayers Association of America (HANA) were valuable in the decision to price Calder’s Pick 5 better than the rest,” Marshall continued. “The result is an exciting wagering opportunity at an industry best takeout of 12 percent. We appreciate working with HANA leadership on innovations bringing enthusiasm to our product and look forward to future dialog.”
Calder’s Pick 5 will be a 50¢ minimum wager. The pool will be apportioned with a Jackpot Carryover (or ‘Major Pool’) and a Minor Pool, meaning that if no one correctly selects the five official winners, 75% of the pool will carry over to the next race day and 25% of the pool will be distributed to those who selected the first place finisher in the second greatest number of Pick 5 races, thus creating the possibility of large carryovers.
On each live racing day, Calder will offer:
* Win, Place, Show, Exactas, Trifectas, and Superfectas on all races;
* Daily Doubles on the first two races and the last two races;
* Rolling Pick 3s starting with the first race;
* A Pick 4 on the last four races;
* A Pick 5 on the last five races each day – with an industry-low takeout of 12%.
All wagers are a $1 minimum, except:
* 10¢ minimum on Superfectas
* 50¢ minimum on Trifectas, Pick 4, and Pick 5
Calder continues offering valuable handicapping information via its web site and closed-circuit television simulcast show. Nationally-renowned handicapper Toby Callet ’s “Calder Key Plays” and “Pedigree Profiles” of 2 year olds, and Anthony Schweiker ’s “Anthony’s Picks” are all available for free on www.calderracecourse.com. Schweiker and track announcer Bobby Neuman also host the popular “Calder Today” TV show that airs at 11:30 a.m. on live race days.
In March, Calder converted its tote system to United Tote (a Churchill Downs Company) and introduced the latest self-service terminal technology to the local marketplace. Bettors at Calder during the ‘simulcast season’ have enjoyed using these state-of-the-art machines. The F-Series terminal enhances the wagering experience for guests, including a Power Tool feature that brings up a matrix of all exacta combinations of runners that are available to bet on, with current-pool payouts for each. The Versa terminal has supported wagering at the Kentucky Derby for 16 years. Its dependability, speed, and ease of use make it a favorite with mutuel tellers and players alike.
Calder will have a new first race post time this year, starting each race day at 12:30 p.m. Calder hosts two consecutive meets: the 101-day Calder Meet from April 25 to Sept. 30; and the 45-day Tropical Meet from Oct. 1 to Dec. 2, 2011. The Calder Meet offers 34 stakes worth $3,550,000 and the Tropical Meet will feature 21 stakes totaling $2,675,000 for a combined stakes program worth $6,225,000.
A high level of quality stakes action at Calder has been validated again and again by world champion and Eclipse Award contenders and winners. Performances from horses like Big Drama, Awesome Feather, Tackleberry, and Dubai Majesty are recent examples of Calder success stories. We invite fans to join in another exciting year of Thoroughbred racing action at Calder!
Calder Casino & Race Course, located on South Florida’s Miami-Dade / Broward county line, offers gaming action with over 1,200 slot machines in the Calder Casino, Thoroughbred horse racing during two consecutive meets, year-round simulcasting, and live poker games in Studz Poker Club. Calder is a wholly owned property of Churchill Downs Incorporated (NASDAQ: CHDN). Information about Calder Casino & Race Course can be found on the Internet at www.calderracecourse.com and www.caldercasino.com.