INGLEWOOD, Calif. (April 13, 2011)—After receiving approval from the California Horse Racing Board and the Thoroughbred Owners of California, Hollywood Park will offer a reduced takeout Pick 5 on its wagering menu when the Spring/Summer meet begins Thursday, April 21.
The Pick 5, which will have a takeout of 14%, the lowest for any multiple race wager in California, will be a 50 cent minimum bet. It will consist of the first five races daily.
There is a carryover provision with the Pick 5 if there are no perfect tickets. The carryover rules are the same as those applicable to the Pick 6.
Formerly available on the first four races, the early Pick 4 will now cover races 2-5. The late Pick 4 remains on the final four races.
For the first two weeks of its meet, Hollywood Park has made arrangements with the Daily Racing Form to make past performance information available on its first five races, which comprise the newly introduced Player’s Pick 5 wager. The Hollywood Park information will be automatically made available, free of charge, to anyone that downloads past performance information on any track from the Daily Racing Form.
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