MEADOWLANDS INTRODUCES NEW PICK 10 SURVIVOR WAGER
-- Justin Horowitz Media Relations Manager,Meadowlands Racing & Entertainment
EAST RUTHERFORD, NJ (September 7, 2017) – The Meadowlands Racetrack is pleased to introduce the Pick 10 Survivor wager. This first-of-its-kind wager will debut when the New Jersey harness track opens its Fall/Winter Meet on Saturday, November 4.
The Pick 10 Survivor requires the selection of the winner in the first 10 races on the program. The unique twist in the wager is ticket holders that correctly select the winner of Race 1 will advance to Race 2 while those tickets that fail to pick the Race 1 winner will be eliminated. Then all live tickets after Race 2 will advance to Race 3 while those that failed to pick the Race 2 winner will be eliminated. This continues until there is only one correct ticket (“The Survivor”) or all 10 races have been completed.
The lone surviving ticket will win the entire pool minus the wager’s 15-percent takeout. If there are multiple tickets that survive through all 10 legs or are the last surviving tickets eliminated at the same time, they will split the net pool. The wager will carry a 20-cent minimum and begin each night on the first race. There is no carryover associated with the wager. The Meadowlands is partnering with the USTA’s Strategic Wagering Program to guarantee the wagering pool at $10,000.
“We think it is imperative for our industry to innovate and create new ways to wager on our product for our core customers,” said Jason Settlemoir, Meadowlands GM/COO. “We believe the horseplayers will love the fact that the winner takes down the entire pool each night. The Pick 10 Survivor is the result of lots of hard work and dedication from both our staff at the Meadowlands and our partners at Sportech and I would like to thank everyone who has helped get us to this position.”
The Survivor Wager was first presented to Meadowlands chairman Jeff Gural by longtime horseplayer Eric Cherry. It took more than three years of development and testing in partnership with Sportech to finalize the wager. Once this piece of the puzzle was completed, it was sent to the New Jersey Racing Commission for approval.
Michele Fischer, Sportech’s Vice President Sales and Business Development for the Americas, commented, “As the tote technology provider for The Meadowlands, Sportech is pleased to help bring the new exotic Pick 10 Survivor wager to New Jersey. The Pick 10 Survivor demonstrates that both The Meadowlands and Sportech are player-centric and seek to maximize player satisfaction by catering to the demand for engaging and rewarding bets.”
The Meadowlands will be the only track in North America that will offer this wager. It is scheduled to be available for horseplayers on all Advance Deposit Wagering platforms and brick-and-mortar racetrack and simulcast facilities.
EMail this Story to a friend