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Tuesday, March 26, 2013

The Meadowlands Increases Payouts; Both Ways

The Meadowlands is increasing the purses for their nw1 through nw3 classes, no doubt following up on what Yonkers Raceway announced recently for their green 3 and 4yos.  The purse increases are as follows:

  • Non-Winners Of 1 Pari-Mutuel Race: $10,000 (Increased From $9,000)
  • Non-Winners Of 2 Pari-Mutuel Races: $12,500 (Increased From $9,500)
  • Non-Winners Of 3 Pari-Mutuel Races: $15,000 (Increased From $12,500)
The press release claims this is the first of hopefully additional steps to increase the purse structure at the Meadowlands if wagering continues on the pace it has been going.

The Meadowlands is also increasing payouts for on-track bettors who hit the late Pick-4, provided they meet certain conditions.  If you are a Big M club member who bets at the track or Winners-Bayonne and makes your wagering using your Big M card and are fortunate enough to hit the Pick-4 (4 for 4), your Big M account will automatically be credited with a 10% bonus within 48 hours. 

Clearly this is an incentive to get the gambler back to the track wagering where there is a higher retention rate for both the track and horsemen.  There is nothing wrong with doing that.

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