Crete, IL --- A pair of carryover pools and a low 15 percent takeout on the $1 Pick-4 wager created a nice spike in handle on Wednesday (Dec. 18) at Balmoral Park.
The total handle for the 10-race card was $841,102, up more than $115,000 from the two previous Wednesday programs at the Crete oval. The final pool on the $1 Pick-4 was a whopping $135,375 while the 10 cent Hi-Five wager generated more than $53,000 in money through the windows.
Below is a breakdown of the Pick-4 that players throughout the country were more than happy to take advantage of.
New Money: $107,138
Final Pool: $135,375
15 percent takeout Wednesday: $16,070
Net Pool: $119,305 (minus new money: $107,138) equals surplus of $12,167
In other words, after all Wednesday Pick-4 bets were made, the new money of $107,138 was playing for $119,305.
Player Advantage: 11.3 percent
One Dollar Payout: $496.50
Win Prices: $6.00, 4.60, 10.40 and 9.20
$2 Parlay: $330.10
$1 Parlay: $165.05, less than one third of the $1 Pick-4 payout
Horseplayers know the game and understand the incredible opportunities in racing that mathematics creates.