12/16/2010 3:32PM

Gulfstream revamps betting menu

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Gulfstream Park will introduce a new wagering menu at its 2011 meet featuring low takeout rates in some of the more popular exotic wagers. The 2011 meet opens on Jan. 5.

Among the features of the new menu is a 50-cent pick five with what track officials say is nation-low 15 percent takeout rate. Monmouth Park had previously offered the lowest pick five takeout in the country, at 17 percent this past season.

There also will be low takeout rates of 20 percent on pick three and 50-cent pick four wagers, and the track will offer both an early and late 50-cent pick four and a 10-cent pick six. The jackpot for the 10-cent pick six will be awarded to one ticket only. On days there are multiple winners, 60 percent of the pool will be shared among the winning ticketholders, with 40 percent going back into the jackpot.

“We’re optimistic and excited about the new wagers we’re introducing and the fact Gulfstream will be offering many of the lowest takeouts in the country,” said Steve Calabro, president and general manager of Gulfstream.

Calabro also said there will be an increase of nearly 50 percent in the number of self-service betting terminals at the track. – Mike Welsch