On the heels of a wildly successful Pick 4 weekend, the Saturday Balmoral Park wager will get a large boost because no bettor was able to select all four winners on Wednesday
. The Saturday pool will be seeded with a carryover of $9,790 and the final pool is estimated at $50,000.
With the low takeout of 15 per cent, the Balmoral Pick 4 will offer that rare opportunity to play with an advantage. Simply speaking, the amount paid back to the winners will exceed the amount wagered on the bet if the final pool is less than $75,056. Based on the extraordinary value of the bet, the Balmoral Saturday Pick 4 is the must play bet of the weekend. The following example is based on a final pool of $50,000.
Saturday Pick 4 wagers - $40,210
Add $9,790 carryover - plus $9,790 - $50,000
Subtract 15 per cent take out - minus $6,031 - $43,969
Players advantage:
$40,000 pool - plus 17.4 per cent
$50,000 pool - plus 8.9 per cent
$60,000 pool - plus 4.5 per cent
$70,000 pool - plus 1.2 per cent
$75,056 pool - EVEN
Using the $50,000 estimated pool, you would have $43,969 returned to the winners even though they wagered only $40,210. This would create a surplus of $3,759, which would be added to the winning payout. The $50,000 pool would create a players advantage of 8.9 per cent. This scenario is created with low takeout and dead money in the pool.
With the help of the USTA Strategic Wagering program, Balmoral Park got off to a roaring start with the Pick 4 initiative. The one mile oval continues to trend up as Pick 4 pools doubled last weekend and helped push handle numbers up on the other races as well. Bettors wagered $2,470,583 on 22 races last weekend, an average of $112,299 per race.
Free program pages for the Saturday and Sunday Pick 4 action are now available on the USTA handicapping page at ustrotting.com.
(Balmoral Park)