Portland Meadows 14% takeout Pick 4 yields big payoffs
Portland Meadows Pick 4 wager has become exceedlingly popular since it's inception over a year ago. The wager continues to offer players a chance at a big score for a small investment.
Portland Meadows Pick 4 wager requires players to select the winners of the final four races every racing day. There is also a special Early Pick 4 on Wednesdays that covers the first four races of the day. One of the reasons experienced horseplayers like the wager so much is that it offers a low 14% takeout rate. Which means more of the money stays in the pool and goes back to you, the horseplayer!
The Pick 4 carries a $1 minimum and also features a 100% net pool carryover if nobody gets four out of four. So for example, if nobody gets four out of four correct on Monday's Pick 4, then the net pool gets carried over into the Tuesday's Pick 4 pool. So if there is $8,000 carried over, and an additional $10,000 bet, the total pool would be $18,000 for that day.
We've had two carryovers thus far at the meeting, both in the Tuesday Pick 4, so the money carried over to the Wednesday Early Pick 4 . On Tuesday November 1st, nobody had 4 of 4 in the late Pick 4, so $9,584 was carried over into the Wednesday early Pick 4. When an additional $10,115 was bet into the Wednesday Early Pick 4, the total pool before takeout was over $19,600. Folks who got all four winners in that Wednesday early Pick 4 received $2,611.90 for a $1 ticket!
The Pick 4 also carried over on Wednesday 11/16/11 when nobody could piece together 4 out of 4 on Tuesday's Pick 4. $8,609 was carried over into the Wednesday Early Pick 4, and this time an additional $14,369 was bet in, putting the total to over $20,000! Lucky bettors who pieced together 4 of 4 in that sequence got back $3,006 for their $1 winning tickets.
You can always find out if there is a carryover and the amount of the carryover by heading to www.portlandmeadows.com where on the front page there is a Portland Meadows Carryover tracker.
Top Pick 4 payouts this season: