‘Roulette’ Wager Being Introduced

Published: December 12, 2018 11:50 am EST

It has been announced that a North American racetrack will be rolling out a new wager this upcoming holiday season.

Officials with Thoroughbred raceway Santa Anita Park have announced that the track will be offering its ‘Horse Racing Roulette’ wager when the California oval starts its upcoming meet on Boxing Day (Dec. 26).

According to Santa Anita, Horse Racing Roulette will debut as a win-only wager. The wager will be available in all 10 of the track’s opening-day races that have fields of six or more horses.

The wager – which will include horses marked in the track’s racing program as red, black or green – will consist of a stand-alone Win pool and payoffs will be made according to the ‘colour’ of the winner and standard pari-mutuel calculations.

Basic components and rules comprising Santa Anita’s Horse Racing Roulette wager appear below.

  • Two-dollar minimum win wager with a 15.43 per cent takeout

  • Horses (minimum six-horse field) will be placed into one of three groups, ‘Red’, ‘Black’ or ‘Green’

  • In most cases, the morning line favourite will be part of the Red group

  • The Green group will be comprised mainly of longshots

  • The three groups, in most cases, will not have an equal number of horses

  • Whichever group contains the race winner, wins that ‘game’ of Horse Racing Roulette

  • In the event that ALL betting interest members of any group are scratched or declared non-starters, betting on the group-bet pool will be stopped immediately and all roulette wagers made on the particular race will be refunded.

  • In the event of a dead heat for first between two or more divergent group members, the group-bet pool will be distributed as a profit split (place pool) or, if there is a triple dead heat with as many group interests, the pool will also be distributed as a profit split (show pool).

(With files from Santa Anita Park)

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