A pair of carryover pools and a low 15 per cent take-out on the $1 Pick 4 wager at Balmoral Park created a nice spike in handle on Wednesday, December 18 at Balmoral Park.
The total handle for the 10-race card was $841,102, up more than $115,000 from the two previous Wednesday programs at the Crete oval. The final pool on the $1 Pick 4 was a whopping $135,375, while the 10-cent Hi-Five wager generated more than $53,000 in money through the windows.
Below is a breakdown of the Pick 4 and the advantage that players throughout the country were more than happy to take advantage of.
PICK FOUR SYNOPSIS
NEW MONEY
$107,138
CARRYOVER
$28,237
FINAL POOL
$135,375
15% TAKEOUT
WEDNESDAY
$16,070
NET POOL
$119,305
MINUS NEW MONEY
$107,138
EQUALS SURPLUS
$12,167
In other words, after all Wednesday Pick 4 bets were made, the new money of $107,138 was playing for $119,305.
PLAYER ADVANTAGE
11.3 PER CENT
ONE DOLLAR PAYOUT
$496.50
WIN PRICES
$6.00
$4.60
$10.40
$9.20
$2 PARLAY
$330.10
$1 PARLAY
$165.05 (less than one third of the $1 Pick 4 payout)
Horseplayers: Know the game! Understand the incredible opportunities in racing that mathematics creates.
(Balmoral)