Explore the latest developments concerning Kleinhans launches Pick-8.
Kleinhans launches Pick-8 bet at The Meadowlands, seeding it with $50,000 of his own money
The wager has already been tweaked after its debut, but whether it, ultimately, turns out to be a boom or a bust, it’s something worth trying.
To a decent amount of industry fanfare this week, Friday’s (Jan. 6) card at the Meadowlands debuted a new Pick-8, known as the PK-8, wager courtesy of well-known and multi-faceted industry participant Peter Kleinhans. What makes this PK-8 wager unique from any other multi-leg Pick-X wager in the sport, is that this one comes seeded with $50,000 already committed to the pool.
However, that free money to shoot for comes with a high-level degree of difficulty. The PK-8 wager comes with a $1 minimum base, which could be a culture shock to many who have become accustomed to smaller Meadowlands denominations such as a $0.50 Pick-4, a $0.20 Pick-6, or even just the way in general the industry has moved to the lowest possible wagering denominations.
Meadowlands cancels live racing Saturday
East Rutherford, NJ – The Meadowlands Racetrack has announced that live racing is canceled on Saturday, Feb. 7.
“The strong winds on Saturday are expected to make the already historic low temperatures drop into the negatives,” said Big M Chief Operating Officer and General Manager Jason Settlemoir. “This will make the real feel temperature go below negative 15 degrees at post time. These temperatures put our horsemen, horsewomen, and our equine athletes at risk. For the health and safety of all participants, we decided to cancel our Saturday night race card.”
The Meadowlands Racetrack, the FanDuel Sportsbook, and Winners Bayonne will remain open for simulcasting and sports wagering.
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Early Post Time At Big M This Friday, Saturday
Meadowlands Racetrack will kick off live harness racing this Friday, Feb. 6 and Saturday, Feb. 7 with an early 6 p.m. post time.
"With 15 races each night, this was an easy call," stated Jason Settlemoir, the track’s Chief Operation Officer & General Manager. "This early post time will help alleviate time constraints and allow more horses to get raced."
This Friday also marks the launch of the Pick-8 spanning Races 3-10 with $50,000 seeded into the pool. This new wager has a $1 minimum bet, with 75 per cent of the pool carried over each night if there are no eight out of eight tickets.
For more detailed information, explore updates concerning Kleinhans launches Pick-8.
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