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10% Takeout on Canterbury Park Pick 5, Pick 6

10% Takeout on Canterbury Park Pick 5, Pick 6
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On Heels of Pick 5 Success, Canterbury Adding 10 Percent Takeout, Non-Jackpot Pick 6 To Wagering Menu - Horse Racing News


On Heels of Pick 5 Success, Canterbury Adding 10 Percent Takeout, Non-Jackpot Pick 6 To Wagering Menu
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Canterbury Park in Shakopee, Minn.
Canterbury Park officials announced today that the Shakopee, Minn., racetrack s industry-low 10 percent takeout rate on the $.50 Pick 5 wager will return for the 2021 racing season and that a $1 Pick 6 wager, also with an industry-low 10 percent takeout, will be offered daily. Both the Pick 5 and Pick 6 will be traditional wagers distributing the full pool less takeout to bettors selecting the first-place horse in each leg of the wager.
In conjunction with a modified 2020 racing calendar as a result of COVID-19, Canterbury instituted the low takeout rate on a traditional Pick 5 wager at the beginning of last season, abandoning the jackpot format offered since 2017. The Pick 5 averaged $79,500 in wagers per pool in 2020 and totaled more than $4.1 million throughout the season. Both were astronomical increase ....

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