At the Gate - Friday
By Mike Dempsey
Kudos to Canterbury Park, who on Tuesday announced they are lowering their takeout (vig) to the lowest in North America for this upcoming meeting, which starts on May 20.
I have been waiting for years for a track to do this, particularly a track that is subsidized by slot machines or other gaming. For a track like Parx to have slots infuses purses but a 30% takeout on trifectas is criminal.
Canterbury Park is located in Minnesota, a track not on many horseplayer’s radar screens, but that will change next month.
Takeout on win, place and show betting has been reduced from 17% to 15%, which exotic bets have been reduced from 23% to 18%. This will return more money to horseplayers and increase the churn the track gets on handle.
"Canterbury Park has long strived to be the most horsemen-friendly track in the country, “said Eric Halstrom, Vice President of Racing, Canterbury Park. “Now, we want to be the most horseplayer-friendly track in America. With the growth in the quality of our racing program we, with the support of our horsemen, are taking the next step and making our races the most profitable wagering opportunity. By changing our takeout to the lowest in the United States, we're giving horseplayers worldwide great value and drawing attention to what is sure to be the finest racing season in Minnesota history."
Horseplayers have been complaining loudly about the high takeout rate, and if Canterbury Park sees a dramatic increase in handle other tracks will have to choice but to follow suit.
Here is today’s opener from Keeneland to get the day off to a good start:
KEE Race 1 Md $75,000 (1:05 ET)
#6 Legal Eagle 5-2
#7 Conquest Nitro 7-2
#5 Silvertown 2-1
#4 Tree Top Lover 4-1
Analysis: Legal Eagle was a bit rank heading into the first turn while setting the early pace and weakened to finish fourth last out. The winner and fifth place finisher came out of that race to win next out. He makes his third start off the layoff and drops in for a tag for the first time here for the Catalano barn. He is out of the stakes winner French Park ($297,601) who has dropped five winners, top earner Parc Monceau ($247,980). He has a solid off track pedigree and there is rain in the forecast this afternoon.
Conquest Nitro drops in for a tag for the first time here in his sixth career start. He checked in fifth last out after a good second two back off the bench. Blinkers go on and he catches a softer spot here for the Casse barn that is having a good meeting, seven winners to lead all trainers. The barn is 24% winners when adding blinkers and rarely brings runners back so quick.
Wagering
WIN: #6 to win at 2-1 or better.
EX: 6,7 / 4,5,6,7
TRI: 6,7 / 4,5,6,7 / 2,4,5,6,7
Today’s Featured Race of the Day from Keeneland:
KEE Race 9 The Doubledogdare G3 (5:30 ET)
#2 I'm a Chatterbox 3-5
#5 Back in Dixie 15-1
#6 Ahh Chocolate 4-1
#7 White Clover 5-1
Analysis: I'm a Chatterbox makes her first start since a disappointing eighth in the Breeders' Cup Distaff (G1). She had a real good year, landing in the exacta in 6 of 8 starts and winning a Grade 1 and getting DQ'd to second in another. The Jones barn is 18% winners with runners coming back off a 61-180 day layoff and she has been working quickly for her return. She has never been on a wet track in the afternoon but is bred to handle it.
Back in Dixie has won five in a row, her last two for the Mason barn that claimed her for just $35,000 three back at Oaklawn Park. She comes in here very sharp and has won two of three on wet tracks in her career. She steps into a tough spot here but is going to be a generous price.
Wagering
WIN: #2 to win at 4-5 or better.
EX: 2,5 / 2,5,6,7
TRI: 2,5 / 2,5,6,7 / 2,4,5,6,7
Live Longshots:
These are price plays for exotic players looking to find a couple of extra contenders to use in their trifecta and superfecta wagers. Or for those with smaller bankrolls, you might want to get in a small win-place wager.
Keeneland
R4: #5 All Aces 20-1
R8: #8 Melaleuca 8-1
R9: #5 Back in Dixie 15-1
R10: #7 Mill Bayou 15-1
Good luck today!
By Mike Dempsey
Kudos to Canterbury Park, who on Tuesday announced they are lowering their takeout (vig) to the lowest in North America for this upcoming meeting, which starts on May 20.
I have been waiting for years for a track to do this, particularly a track that is subsidized by slot machines or other gaming. For a track like Parx to have slots infuses purses but a 30% takeout on trifectas is criminal.
Canterbury Park is located in Minnesota, a track not on many horseplayer’s radar screens, but that will change next month.
Takeout on win, place and show betting has been reduced from 17% to 15%, which exotic bets have been reduced from 23% to 18%. This will return more money to horseplayers and increase the churn the track gets on handle.
"Canterbury Park has long strived to be the most horsemen-friendly track in the country, “said Eric Halstrom, Vice President of Racing, Canterbury Park. “Now, we want to be the most horseplayer-friendly track in America. With the growth in the quality of our racing program we, with the support of our horsemen, are taking the next step and making our races the most profitable wagering opportunity. By changing our takeout to the lowest in the United States, we're giving horseplayers worldwide great value and drawing attention to what is sure to be the finest racing season in Minnesota history."
Horseplayers have been complaining loudly about the high takeout rate, and if Canterbury Park sees a dramatic increase in handle other tracks will have to choice but to follow suit.
Here is today’s opener from Keeneland to get the day off to a good start:
KEE Race 1 Md $75,000 (1:05 ET)
#6 Legal Eagle 5-2
#7 Conquest Nitro 7-2
#5 Silvertown 2-1
#4 Tree Top Lover 4-1
Analysis: Legal Eagle was a bit rank heading into the first turn while setting the early pace and weakened to finish fourth last out. The winner and fifth place finisher came out of that race to win next out. He makes his third start off the layoff and drops in for a tag for the first time here for the Catalano barn. He is out of the stakes winner French Park ($297,601) who has dropped five winners, top earner Parc Monceau ($247,980). He has a solid off track pedigree and there is rain in the forecast this afternoon.
Conquest Nitro drops in for a tag for the first time here in his sixth career start. He checked in fifth last out after a good second two back off the bench. Blinkers go on and he catches a softer spot here for the Casse barn that is having a good meeting, seven winners to lead all trainers. The barn is 24% winners when adding blinkers and rarely brings runners back so quick.
Wagering
WIN: #6 to win at 2-1 or better.
EX: 6,7 / 4,5,6,7
TRI: 6,7 / 4,5,6,7 / 2,4,5,6,7
Today’s Featured Race of the Day from Keeneland:
KEE Race 9 The Doubledogdare G3 (5:30 ET)
#2 I'm a Chatterbox 3-5
#5 Back in Dixie 15-1
#6 Ahh Chocolate 4-1
#7 White Clover 5-1
Analysis: I'm a Chatterbox makes her first start since a disappointing eighth in the Breeders' Cup Distaff (G1). She had a real good year, landing in the exacta in 6 of 8 starts and winning a Grade 1 and getting DQ'd to second in another. The Jones barn is 18% winners with runners coming back off a 61-180 day layoff and she has been working quickly for her return. She has never been on a wet track in the afternoon but is bred to handle it.
Back in Dixie has won five in a row, her last two for the Mason barn that claimed her for just $35,000 three back at Oaklawn Park. She comes in here very sharp and has won two of three on wet tracks in her career. She steps into a tough spot here but is going to be a generous price.
Wagering
WIN: #2 to win at 4-5 or better.
EX: 2,5 / 2,5,6,7
TRI: 2,5 / 2,5,6,7 / 2,4,5,6,7
Live Longshots:
These are price plays for exotic players looking to find a couple of extra contenders to use in their trifecta and superfecta wagers. Or for those with smaller bankrolls, you might want to get in a small win-place wager.
Keeneland
R4: #5 All Aces 20-1
R8: #8 Melaleuca 8-1
R9: #5 Back in Dixie 15-1
R10: #7 Mill Bayou 15-1
Good luck today!