Plenty of wagering opportunities on Hambo day card
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The stream of stakes races will overflow as a small creek would after a tropical storm, just like the money that will flood the pools at The Meadowlands on Saturday when the 95th edition of the $1,000,000 Hambletonian takes center stage on “Harness Racing’s Greatest Day.” Post time for the first race is noon.
Sitting atop the list of betting opportunities will be the 20-cent Super High-Five. With Saturday bringing a mandatory payout, a low 15 percent takeout and a $109,280 carryover, the sky’s the limit for the wager’s total pool since the race will have a bulky field of 11.
“We have a unique wagering and investment opportunity for all players caused by the low takeout and big carryover,” said Big M chief operating officer and general manager Jason Settlemoir. “We have placed the wager on Race 14, which will take place 30 minutes before the prestigious Travers Stakes at Saratoga.
“The opportunity for the player is superb, as the mathematics of this carryover wager have swung the advantage to the player, arguably making the mandatory payout on the High-Five the best bet offered at any race track or sports book on Hambletonian Day. There will be more money paid out Saturday than the money wagered on the High-Five if the final pool is under $800,000.”
His point is a valid one. In the event there is $190,720 in “new money” bet into the High-Five, which is a low-end guess, that would create a total payout of $271,392 (good for a surplus of $80,672), which would result in a staggering 42 percent edge for the bettor.
If there is $290,720 in new money, that would create a total payout of $356,392 (surplus, $65,672), creating a 22 percent advantage for the player.
But, naturally, on the 16-race program that will conclude The Big M’s “Championship Meet,” that opportunity to make a score is merely one of many.
In fact, there will be five other wagers on the program which will undoubtedly take big action while offering the small 15 percent rake:
· 20-cent Pick-6 (Race 1)
· 20-cent Pick-5 (Race 3, $75,000 guaranteed pool)
· 50-cent Pick-4 (Race 8, $100,000)
· 20-cent Pick-5 (Race 11, $50,000)
· 50-cent Pick-4 (Race 13, $50,000)