11 June 2011

Guess Who Has The Lowest Pick 4 Track Takeout

Monmouth? Close. Their Pick 4 takeout is 15%
Hollywood, Del Mar, and Santa Anita? Noooo. They raised the takeout on Pick 4's from 20.68% to 23.68% January 1st. Those dummies.
How about Woodbine? Uh that would be a no. 25%.
Keeneland or Churchill? Again close. 19%.
Aqueduct, Belmont, and Saratoga. Not even close at 26%.
Portland Meadows? You get part marks. They are now tied for the lowest rate at 14%. They used to be alone on top. But now they have been joined by Fort Erie Race Track.

You read that right. Starting tomorrow, Fort Erie has lowered the track takeout on Pick 4's from 26.2% to 14%.

From a press release: “We are testing the waters in terms of takeout reduction,” said FELRC’s Chief Operating Officer Rick Cowan. “Management will assess the results on a regular basis.”

Lets hope this is a massive success. I want Fort Erie to survive, but their track takeouts are way too high. If this drop works, I expect to see doubles and exactors to come way down too (there is plenty of room for some large drops).

This appears different than the disingenuous bone being tossed to Horseplayers by Hollywood Park when they recently put a low takeout Pick 5 on the menu. That bet has been successful despite the Horseplayers Boycott on California racing, and proof that there are plenty of cognizant players out there looking for value. But do you think they are doing anything with the empirical evidence and doing away with that larcenous takeout increase that occurred in January? The answer is a big fat no.

I'm truly hopeful that if this works, Fort Erie will make more moves that are player friendly in the near future.

There is an early Pick 4 that begins in race 1, and another that begins in race 4. If there is a 10 race card, a third one begins in race 7.

That pesky Horseplayer/Owner over at Pull The Pocket thinks "It's Time For Woodbine To Lower The Pick 4 Takeout."

It certainly is. With all the dysfunction going on in other jurisdictions, Woodbine could be on the runway to great growth. Lowering the triactor takeout from 27% to 25% recently was just is a minor step in the right direction. They need something that cries out "follow and play Woodbine daily."


My recent predictions haven't been all that great. You gotta keep picking yourself up and dusting yourself off though or you might as well be dead.

I'm pretty firm on my prediction today. I even think I have a decent shot at the Superfecta. I'm going with Nehro to win it, long shot Prime Cut to come second, the chalk Animal Kingdom for third, and Mucho Macho Man to finish fourth.

Tomorrow, HANA (Horseplayers Association of North America) is having another Pool Party, this time at Tioga Downs. Tioga even put together this promo on Youtube:

A few ADWs are supporting HANA on this, including Horseplayersbet.com which is giving an additional 2% reward on all wagers made on Sunday's card.

Update: TrackMaster has made free past performances available for tomorrow's Tioga card.

1 comment:

Chris said...

I agree, lets hope is a big success and they stay down - they were way too high.