Archives for March 10, 2018

Is Racing Dead? Meadowlands Fans Wagering with Both Fists

They came to play.

Meadowlands fans wagered with both hands throughout last Saturday night’s 13-race program and despite only two horses paying $10 or more and six races that saw favorites emerge victorious, the betting swelled to a new 2018 high.

For the first time this year, wagering surpassed the magic $3 million mark. In fact, it wasn’t merely surpassed, it was smashed.

The all-source total handle of $3,454,633 easily outdistanced the industry handle leader’s previous 2018 best, which was $2,790,201 on Jan. 27. The corresponding race card a year ago saw $2,581,495 bet on 12 races.

The on-track, on-product play totaled $296,916.

The Pick-5 carryover of $30,202 served as a catalyst for not only that wager, but for the entire night, as $230,199 in “new money” was poured into the Pick-5 pot. The third race, which is the first leg of the bet, saw $422,271 in total play.

After a formful sequence that saw the odds of the winners come back 7-2, 7-2, 6-5, 3-1 and even-money, many winning Pick-5 tickets for $541.70 were cashed after the total pool of over $260,000 was divvied up.

But there was more.

The 20-Cent Survivor Pick 10 once again saw big play (a total pool of $20,005), and, once again, it resulted in a ‘jackpot’ as one lucky winner, betting into the Portland, Ore. hub, walked away with $17,000.54 after surviving seven legs.

The Early 20-Cent Jackpot Super High Five resulted in a single-ticket winner, and that patron, wagering into the Maryland hub, cashed in for $7,622.70 at the conclusion of the ninth race.

About the only big pot not raked belonged to the Late 20-Cent Jackpot Super High Five (Race 13), which once again failed to produce a single-ticket winner. That wager’s carryover now stands at $126,952.