Thursday, August 22, 2013

Kentucky Downs Readies For Meet. Low Takeout, Big Fields

With low takeout rates and full fields of horses expected to compete in its lucrative races, Kentucky Downs will present enticing wagering opportunities during its 21st season of racing on Sept. 7, 11, 14, 18 and 25.

The $18.25% takeout on Exacta wagers on Kentucky Downs’ races is the lowest in North America. The track will have a low 14% takeout on its new Pick 5 bet. The takeout on Win, Place and Show wagering is 16% and is 19% on the remaining exotic wagers.

“Kentucky Downs offers some of the best betting value anywhere,” said Jeff Platt, President of the Horseplayers Association of North America (HANA), an organization which promotes issues important to racing fans. “Exacta takeout is the lowest in North America. Combine that with a 19% takeout on other exotic bets and great average field size, and I am not surprised that the handle trend is up.”

“HANA’s recognition of our product offering means a great deal, because we want Kentucky Downs to be known as the ‘Horseplayers’ Racetrack,’” Kentucky Downs President Corey Johnsen said. “Providing value to the betting public drives every decision we make. Our goal is to present quality racing run over a safe, consistent race course with an attractive takeout structure and wagering menu.”

In addition to $2 Win, Place and Show wagering, Kentucky Downs will offer $1 Exacta wagers and $1 Rolling Doubles, while minimum wagers of 50 cents will be available on the Trifecta, Pick 3, Superfecta, Pick 4, Pick 5 and Super Hi-5.

In September, Kentucky Downs will offer 10 races a day, with an average daily purse structure of $900,000. The richest race is the $400,000 Kentucky Turf Cup (G3), the centerpiece of Kentucky Downs Million Day on Sept. 14.

Press Release Courtesy Kentucky Downs

No comments: