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Last weekend (Feb. 12-13) was the third straight that saw total handle exceed the $7-million plateau at The Meadowlands – a lofty level reached three times during all of 2020 – and much of the recent wild wagering at the mile oval is due to the popularity of the track s low 15 percent takeout bets.
The Big M has seen great results since changing the Hi-5/Pentafecta format. Formerly, it was a 20-cent base with a jackpot , meaning it paid out only when there was one winning ticket. The response has been vigorous since management changed it to a 10-cent base that pays out on all winning tickets.
Low Takeout And High Handle At Big M | Standardbred Canada
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Big M Bettors Love High Society Life | Standardbred Canada
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The first three Saturdays of 2020 were solid from a business perspective at The Meadowlands, as total wagering of $7.7 million averaged out to $2.569 million per card, resulting in an average per race of $183,523.
Turn the page to 2021, and despite the COVID-19 pandemic’s continued miserable grip on the globe, business at the industry’s handle leader has been booming.
Good as the numbers were during the first three Saturdays of a year ago, thus far this year has seen tremendous gains over the corresponding race cards.
Betting reached $4,562,477 on Jan. 2, which represented the third-highest single-card handle–beaten only by Meadowlands Pace Night and Hambletonian Day–over the last 13 months.