Parx: Philly Big 5 Jackpot Hit For $326,172

Parx Racing had its first single ticket jackpot winner Monday for its new Philly Big 5 wager. The single ticket winner collected the $326,172.00 jackpot prize for being the only player to correctly pick the winning horse in races 6-10.

Parx launched its newest wager on May 10. Since then the jackpot had been building over the last 15 race cards, averaging a daily payout of $4,100.00.

The Philly Big Five is a 50-cent wager which requires players to correctly pick the winners of the last five races on the Parx racing card. Multiple winners are possible each day and split 70 percent of the net pool. The remaining 30 percent of the net pool goes to the carryover jackpot which accumulates until there is a single ticket winner.

The winning horses Monday were:

Race 6 # 3 Cobble Road $28.00
Race 7 #2X I Say I Play $40.20
Race 8 #4 Dr. Devera's Way $7.60
Race 9 #3 Glamorous Thunder $6.60
Race 10 #3 James Ciro $71.80

The Philly Big 5 encompasses the last five races each live racing day at Parx.

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Between The Hedges: A Closer Look At NYRA’s Empire 6 Wager

The following is the second edition of a bi-weekly series entitled Between The Hedges. The series will revolve around the business of betting focusing on trending wagering topics and statistics. Each installment will include a column penned by Joe Longo, NYRA General Manager of Content Services, examining certain areas of interest within the landscape of the thoroughbred racing industry. Upcoming topics will include a look at minus pools, post times, purse distribution and coupled entries. Send your questions for Between The Hedges to betweenthehedges@nyrainc.com.

The multitude of jackpot style wagers offered by racetracks across North America is a frequent talking point for horseplayers. NYRA's Empire 6 is no exception.

Informed horse players are sensitive to takeout. With that in mind, NYRA established a daily mandatory payout of the Empire 6 at Aqueduct Racetrack in January as part of a pilot program to further understand the benefits of the wager for both the track and player. The daily mandatory payout was recently extended through February with the pilot project expanded by offering the Empire 6 as a retail-only wager.

The Empire 6 was launched on August 7, 2019, replacing the traditional $2 Pick 6. With a $0.20 minimum and 20 percent takeout, the Empire 6 included a jackpot provision in which the full pool would be paid out only to a single ticket selecting the first-place finisher in all six races, otherwise 75 percent of the day's net pool would be distributed to those who selected the first-place finisher in the greatest number of races with the remainder added into a jackpot and carried to the next day's Empire 6.

At the time of the Empire 6 launch, the jackpot-style wager was successful at racetracks around the country and fractional base wagers were increasing in popularity. By lowering the minimum base, it would open the wager to a demographic that may have been priced out by the prohibitive cost of coverage in a $2 Pick 6. Fast forward to December 31, 2020 and the average daily handle on the Empire 6 was up almost 100% over the traditional $2 Pick 6.

The largest Empire 6 mandatory payout pool was on August 9, 2020 with $6,140,421 in new money, as a result of an 18-day carryover period that started with the first day of the Saratoga meet that grew the jackpot to $1,393,463 into the mandatory day. Several other mandatory force out days at Saratoga topped the $5 million mark.

The jackpot feature is a double-edged sword in that tracks receive a significant amount of new money wagered into the Empire 6 pool on the mandatory payout day, but it also keeps money out of circulation that could be wagered into other pools on the days leading up to the force out. NYRA has experimented with different mandatory force-out schedules ranging from over a month to every other week.

In addition, we also looked at forcing out the pool on marquee days versus regular days. On marquee days there are more eyes on the product and more people playing so the multiplier should be significant, but it does raise the concern of what effect the jackpot wager has on NYRA's other pools.

Tying up several million dollars for six races that likely include major stakes will certainly impact the pools, but will players be more likely to bet those races in different pools having handicapped them already? Or, should NYRA shift the mandatory payout to a nondescript Sunday in hope of doubling that day's handle? These are the types of questions we ask ourselves when formulating a schedule.

The Empire 6 experiment for the month of January proved to be successful.

Total handle on the Empire 6 was $1,942,010 for 18 race dates in January compared to $1,361,819 over 17 race dates in January 2020, an increase of $580,192 or 43 percent. Some of this increase was driven by the additional race day, but the daily average handle was up 35 percent.

Thus far, the pilot program has demonstrated that bettors at the Aqueduct winter meet will support a daily mandatory payout of the Empire 6.

For more information on the Empire 6, visit www.nyrabets.com.

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Saturday’s Cigar Mile Card Features Mandatory Payout Of Empire 6 Wager

Cigar Mile Day on Saturday at Aqueduct will feature a mandatory payout of the New York Racing Association's Empire 6 wager, which carried a jackpot of $48,311 heading into Friday's card at the Big A.

The Empire 6 will start with Race 5 [1:30 p.m. Eastern post time] for Saturday's 10-race card, with the sequence encompassing three graded stakes, including the Grade 3, $100,000 Go for Wand in Race 6 and the two concluding races with the Grade 2, $150,000 Demoiselle for juvenile fillies in Race 9 and the Grade 1, $250,000 Cigar Mile for 3-year-olds and up in the finale.

The Empire 6 requires the bettor to select the first-place finisher of the final six races of the day's card. On non-mandatory payout days, if one unique ticket exists, then 100 percent of the net pool, plus the jackpot carryover if applicable, will be paid to the winner. If there is no unique wager selecting the first-place finisher in all six races, then 75 percent of the day's net pool will be distributed to those who selected the first-place finisher in the greatest number of races. The remainder will be added into the jackpot and carried to the next day's Empire 6.

The Big A fall meet will conclude on Sunday, December 6 with a stakes-laden card that offers a pair of rich New York Stallion Stakes Series races, including the Great White Way for 2-year-olds and the Fifth Avenue for juvenile fillies, with purses of $250,000 each. Also featured on Closing Day is the $100,000 Garland of Roses at six furlongs for fillies and mares 3-years-old and up.

Live racing action will then continue with the 56-day Aqueduct winter meet which kicks off Thursday, Dec. 10 and runs through Sunday, March 28, offering 42 stakes races worth $4.57 million in purses.

For more information, please visit NYRABets.com.

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Empire 6: Mandatory Payout Scheduled For Nov. 1 Closing Day At Belmont Park

The New York Racing Association, Inc. (NYRA) announces that the Sunday, Nov. 1 card at Belmont Park will feature a mandatory payout of the Empire 6, which boasts a jackpot of $299,827.81 heading into the start of the racing week on Thursday at Belmont.

Live coverage of all the races in the sequence will be available with America's Day at the Races on FOX Sports and MSG+. Free Equibase-provided past performances will be available for races that are part of the America's Day at the Races broadcast and can be accessed at https://www.nyra.com/belmont/racing/tv-schedule.

Sunday's live racing program at Belmont, which closes out the 27-day Belmont fall meet, will be highlighted by two stakes races, each with an $80,000 purse: the Chelsey Flower at 1 1/16 miles for 2-year-old fillies on the turf; and the $80,000 Pumpkin Pie, a 7-furlong test on the dirt for fillies and mares 3-years-old and up.

Closing Day of the Belmont fall meet will also feature mandatory payouts for both the Early Pick 5 and Late Pick 5 wagers.

Live racing will then move to Aqueduct Racetrack for the 18-day fall meet, featuring 29 stakes, including 11 graded events, worth $3.41 million in purse money, which will kick off on Friday, November 6 and run through Sunday, December 6.

The Empire 6 requires the bettor to select the first-place finisher of the final six races of the day's card. On non-mandatory payout days, if one unique ticket exists, then 100 percent of the net pool, plus the jackpot carryover if applicable, will be paid to the winner. If there is no unique wager selecting the first-place finisher in all six races, then 75 percent of the day's net pool will be distributed to those who selected the first-place finisher in the greatest number of races. The remainder will be added into the jackpot and carried to the next day's Empire 6.

For more information on closing week of the 2020 Belmont Park fall meet, please visit NYRA.com.

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