Balmoral Park (3/13/12)
Contact: Tom Kelley
USTA and Balmoral guarantee a minimum $20,000 Pick-4 pool every night
Balmoral March nightly handle $1,160,475, up 32 per cent from March 2011
By Michael Antoniades, Chicago Racing Analyst
Starting Wednesday March 14, Balmoral Park and the USTA Strategic Wagering Initiative will offer guaranteed pick 4 pools with a low 15 percent takeout every racing night, beginning with a new $20,000 guarantee every Wednesday. The Saturday and Sunday guarantees remain $20,000 and $25,000 respectively. Free program pages are available each racing night courtesy of Track Master at the USTA handicapping section.
The Balmoral Pick Four popularity is at an all time high thanks to the support of the USTA. Thirty guaranteed pools were offered this year on the one-mile oval through March 12. A total of $937,455 was wagered for a nightly average pool of $31,248. The average payout for 2012 is $2,658.47 for a buck.
The guaranteed pools have not only increased the size of the pools, they have been a big factor in sending Balmoral handle through the roof. Through March 12, five Balmoral programs handled $5,802,377, a 32 percent increase from the $4,366,416 wagered on the five similar programs in 2011. The nightly average for March is $1,160,475 and the average handle per race is a healthy $103,613. That number is an increase of $25,642 per race versus 2011.
March 2012 per card 1,160,475
March 2011 per card 873,283
Up 277,192 per night
For more information visit www.balmoralpark.com or call (708) 672-1414.
About Balmoral Park: Located in Crete, IL just 12 miles south of 80/94; Balmoral Park has been one of the nation's premier horse racing facilities since 1926. Balmoral Park features live racing every Wednesday, Saturday and Sunday. Admission and parking is always free.