HORSEPLOP.COM
General Category => Harness Racing => Topic started by: Jctoronto on September 28, 2023, 10:41:08 PM
-
Classic Pick 5 Wager Returns At Fraser Downs
Fraser Downs
September 28, 2023 12:00 pm EDT
The current Jackpot Pick 5 at Fraser Downs Racetrack will have a mandatory payout on Friday night, Sept. 29 before a popular horse racing betting dynamic becomes effective Thursday, Oct. 5.
It will mark the return of the $1 Classic Pick 5 wager with a 100 per cent carryover and a low 15 per cent takeout at Fraser Downs, a concept Dawn Lupul, Manager of Racing & Communications, sees as a huge growth opportunity for the local Standardbred industry.
“We heard our valued customers loudly and clearly,” said Lupul. “We are going back to a Classic Pick 5 wager with a $1 minimum as requested by the majority of the bettors we surveyed. The change will position Fraser Downs as a competitive and potentially lucrative product for our bettors.”
With the fall season at Fraser Downs into its third week and continuing to mid-December, the competitive factor of the races has already increased with the introduction of only seven starters at the gate with the eighth starter being in the trailer position.
“Our fan base has welcomed this change,” confirmed Lupul. “We’re confident the $1 Classic Pick 5 will have the same reaction. Combined with our new simulcast broadcast in High Definition that includes a modernized graphics package, there is an upbeat atmosphere at Fraser Downs.”
Post times on Thursday nights for the fall meet are 7 p.m. with Friday nights going at 6 p.m. then moving to 7 p.m. on Oct. 27 through the remainder of the 2023 schedule.
(BC Racebook)
TAGS
-
VERY ENLIGHTENING story on Standardbred Canada about how the actual payouts of the Jackpot wagering is calculated! In a nutshell, only 50% of the advertised amount plus, "new money minus the 15% takeout is calculated.It goes on to explain how the play has a 65% takeout actually. The host track retains the remaining balance as "operational reimbursement" for maintaining and promoting the wager! The only thing that I took out of it was that it is a big cash grab for the track!