East Rutherford, NJ--In the first six weeks of the 2013 Meadowlands racing season, the bettors have spoken loud and clear. The 50-cent Pick-5 and the brand-new early Pick-4 are in high demand and the Meadowlands Racetrack is happy to respond to that demand.
Effective Thursday (Feb. 14), the Meadowlands Racetrack will be raising a pair of its guaranteed wagers, part of the USTA Strategic Wagering program. The 50-cent Pick-5, which has seen an average pool of $45,000, will increase its guaranteed pool from $15,000 to $25,000.
In addition, the early Pick-4, which has sported an average pool of roughly $50,000, will increase its guarantee from $25,000 to $35,000.
These new guarantees will support the always popular late Pick-4, with guarantees of $50,000 on Thursday and Friday and $75,000 on Saturday. All three of these wagers will retain their 15-percent takeout rate.
Beginning this upcoming Thursday, (Feb. 14), the Meadowlands Racetrack guaranteed wagers will be as follows:
• 50-cent Pick-5 (Races 1-5): $25,000 Guaranteed (15 percent Takeout)
• $1 Early Pick-4 (Races 3-6): $35,000 Guaranteed (15 percent Takeout)
• $1 Late Pick-4 (Races 7-10): $50,000 Guaranteed (Thursday and Friday) (15 percent Takeout)
• $75,000 Guaranteed (Saturday) (15 percent Takeout)
This announcement comes on the heels of a Thursday evening that featured a $51,000 Pick-5, a $68,000 early Pick-4 and a $104,000 late Pick-4 pool.