On Monday, July 24, the Woodbine Entertainment Group announced an increase to the guaranteed pool for its Standardbred Pick-5 wager.

Effective Thursday, July 27, the Standardbred Pick-5 at Mohawk Racetrack will now have a guaranteed pool of $50,000.

The Standardbred Pick-5, which features a $0.20 minimum wager and a low 15 per cent takeout, has become the most popular wager on the circuit. The Pick-5 was added to the Standardbred wagering menu in October of 2015 and begins nightly in Race 1.

The average Pick-5 payout for a $1 ticket over the last 10 cards has been $5,321.97 ($1,064.39 for a $0.20 ticket).

Live racing is offered every Monday, Tuesday, Thursday, Friday and Saturday at Mohawk. Post time is 7:30 p.m.

(WEG)