Cal Expo Pick 4 guarantee raised
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Cal Expo has announced that the guaranteed gross pool for the 20-cent Pick 4 on Saturdays has now been raised to $50,000, with the guaranteed pool for Friday’s Pick 4 remaining at $30,000.
The Pick 4 is one of two wagers each night at Cal Expo with a reduced 16 percent takeout rate, the other being the 50-cent Pick 5, which is offered on the first five races of each program.
"We started our guarantee at $25,000, went to $30,000. then $40,000, now $50,000, " said Cal Expo General Manager Chris Schick.
"The Saturday Pick 4 guarantee equals that of The Meadowlands and Woodbine. We have now joined an exclusive club. The low 20-cent minimum, coupled with the low 16 percent takeout, have certainly proved a powerful combination."