Gulfstream Park announced Dec. 29 that beginning Jan. 1 it will make changes to its betting menu involving the Early and Late Pick 5 wagers by eliminating the consolation payoffs in each wager when there are winning tickets.
The Early Pick 5 will remain a mandatory daily payout of 100% of the pool to the greatest number of winners. The Early and Late Pick five will remain a .50c base wager with a 15% takeout.
For those wagering on the Late Pick 5, there will no longer be a consolation payout under any circumstances as the minor pool has been eliminated. If no one selects all five winners in the Late Pick 5, 100% of the pool will carryover to the following day.
Gulfstream continues to innovate its menu and provide real-time information to its players.
The Tropical Turf Pick 3, will continue to be available Friday through Sunday with a $3 base minimum and a player-friendly 15% takeout. The wager has proven popular with players especially during the 23-24 Championship Meet where it averaged payouts of approximately $1,200 and garnered an average pool size of $70,000.
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Gulfstream also is using projected odds each day on its simulcast signal throughout each race and wagering cycle. Using BETMIX handicapping software, the projected final odds will offer players a better sense of what the final odds will be.
This press release has been edited for content and style by BloodHorse Staff.
