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#1
02-16-2011, 07:41 AM
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Wacky, tough bet to launch with PIM opening: The Slider
Pimlico to offer new wager with $100,000 guaranteed jackpot
by John Scheinman A new multi-race, ten-position wager called the “Slider,” will debut on April 1, opening day at Pimlico Race Course following the wager’s unanimous approval at the Maryland Racing Commission’s monthly meeting on Tuesday. The wager, with a base of 50 cents per combination and an 18% takeout, requires players to advance through four races of increasing difficulty to hit the jackpot, and there are no consolation payoffs. Players advance out of the first leg by selecting the winner, out of the second leg by selecting the exacta, out of the third leg by selecting the trifecta, and win the jackpot by selecting the superfecta of the fourth leg. The combinations involved in the Slider wager are staggering. If each race averages eight betting interests then there are 252,887,040 available combinations, which is more than 964 times the available combinations available in a pick six sequence with eight betting interests or about the equivalent of a pick six with 25 betting interests in each race.
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