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The Conscience of Thoroughbred Racing

JACKPOT A BETTOR’S EDGE

By Meadowlands Press Staff — It’s not as if horseplayers can’t lose, but jackpot carryovers put the math of their side of the betting ledger. Consider this case from Meadowlands’ 14th race coming this Saturday:

High 5 Carryover.  109,280. 

Mandatory payout

20 cent wager

More money will be paid out than the amount of new money wagered in the likely event the final pool is under $800,000.

Final pool  New money.    Payout.      Surplus    Player edge

200,000.        90,720.      186,392.      95,672.          105%

300,000.      190,720.      271,392.      80,672.            42%

400,000.      290,720.      356,392.      65,672.            22%

500,000.      390,720.      441,392.      50,672.            12%

600,000.      490,720.      526,392      35,672.              7%

700,000.        590,720      611,392.      20,672              3%

800,000.        690,720.      696,392.        5,672          0.8%

Here’s what’s in store on the storied Hambletonian program this coming Saturday. Available to bettors:

Six 15% takeout wagers

Four guarantees

First post.  NOON

15% takeout wagers

Wager.              Races.      Guaranteed pool

20 cent Pick 6.    1-6.   

20 cent Pick 5.    3-7.          75,000 GUA

50 cent Pick 4.    8-11.      100,000 GUA

20 cent Pick 5.  11-15.        50,000 GUA

50 cent Pick 4.  13-16.        50,000 GUA

High5.                    14

Carryover  109,820

These betting opportunities and thinking positively makes the game better for the bettor.

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