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Guaranteed Pick 4 Wagers to be featured at The Spa

By Sean Morris | 06/23/2014 07:03 PM ET

The New York Racing Association, Inc. (NYRA) will present a $500,000 Guaranteed Late Pick 4 every Saturday at Saratoga Race Course and a $1 Million All Graded Stakes Pick 4 on Travers Day, August 23, pending approval from the New York State Gaming Commission.

Although NYRA offers daily Pick 4’s on races 2 - 5 and the final four races of the day, the $500,000 guarantee applies only to the Late Pick 4 on Saturdays at Saratoga Race Course. The Late Pick 4 is a 50 cent minimum wager in which the bettor must correctly pick the winners of the last four races on the card, usually beginning with the eighth race.

On Travers Day, August 23, the guarantee will rise to $1 million in conjunction with the 145th running of the Grade 1, $1.25 million Travers Stakes. The Travers is supported by three additional graded events: the $500,000 Grade 1 Test, the $500,000 Grade 1 Ketel One King’s Bishop, and the $250,000 Grade 2 Ballston Spa.

By guaranteeing the wagers, NYRA will supplement the difference if either pool is less than the advertised amount.