03/19/2005 1:00AM

Favorites rule Magna 5


Favorites won four of the five races in Saturday's Magna 5, leading to a payout of $469.60 to the 855 tickets with all five winners.

The payoff was the second-smallest among eight Magna 5's that have been held since Jan. 29. The lowest payoff was $150.40 on Feb. 19.

The Magna 5 offers five races in less than one hour at tracks owned by Magna Entertainment Corp. It has a guaranteed pool of $500,000. Saturday's pool was a shade over that, $515,180.70.

The longest-priced winner in the sequence Saturday was Chinese Dragon, who paid $9.40 as the third choice winning the Pasadena Stakes at Santa Anita, the fourth leg of the Magna 5.

Other than that, chalkplayers had a field day. Lusty Latin ($7.20) won the first leg, the Harrison E. Johnson Memorial Handicap at Laurel, leading from gate to wire.

Heavily favored Imagoldseeker ($3.60) captured the fourth race at Santa Anita, a claiming sprint for older fillies and mares, which was the second leg of the Magna Five.

Cape Hope ($5) proved a worthy favorite in the third leg, the Herecomesthebride Stakes at Gulfstream, a grass race for 3-year-old fillies.

After Chinese Dragon won the fourth leg, Winneratthewindow ($5) won the final leg, the 11th race at Gulfstream, a starter allowance for older horses.