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Pompano drops show bets

September 30, 2003

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Pompano Park will start its 40th season of harness racing on Friday, Oct. 10 by becoming the first major pari-mutuel horse racing track in North America to drop show wagering.

Track management has announced that it will offer high stakes poker games beginning at noon on opening day, a 20 per cent increase in race purses, a free cash prize drawing every night during the meet, a totally revamped Player Rewards Program that will include poker players and new stakes races.

Pompano Park management decided on dropping show wagering after reviewing the monies bet this past season with show wagering amounting to only 1.45 per cent of the total handle wagered on the live races.

"We realize that show wagering is a tradition in horse racing, but we think it's a sucker bet for our patrons. It's not worth risking $2 for an insignificant payoff," said Pompano Park general manager Dick Feinberg. "I believe that it drives away the novice or first time player who thinks they are making a low risk wager and are disappointed when the payoff is a few cents more than their investment."
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