NYRA Bets Late Pick 5 promotion extended through the end Saratoga Meet

by Pat McKenna

Single winning ticket payout minimum increased to $150K daily, $300K on Saturdays

The New York Racing Association, Inc. (NYRA) announced today that it is extending and increasing the NYRA Bets Late Pick 5 single winning ticket minimum payout through the end of the 2017 meet at Saratoga Race Course. 

NYRA Bets will enrich the single winning ticket guaranteed payout from $100,000 to $150,000 and $300,000 on Saturdays.

"The NYRA Bets Late Pick 5 has quickly become one of the most popular bets amongst our customers. The payoffs have consistently provided incredible value for the winners", said Tony Allevato, President, NYRA Bets and Executive Producer NYRA TV, "By increasing the minimum payout for a single ticket winner we give NYRA Bets account holders the opportunity for a life changing score."

Launched on July 4, the NYRA Bets Late Pick 5 is exclusively available to NYRA Bets members across the country and to bettors in New York wagering on track or through a simulcast facility. 

The guaranteed minimum payout for a single ticket winner is only available to bettors wagering through NYRA Bets.

The first $300,000 NYRA Bets Saturday guarantee will take place on August 5 and will include the Grade 1, $1.2 million Whitney and the Grade 1, $500,000 Longines Test, as part of the last five races on the card. 

The daily NYRA Bets Late Pick 5 covers the last five races of every card of live racing at Saratoga and features a low 15 percent takeout rate and 50-cent bet minimum.

The NYRA Bets Late Pick 5 also features the same carryover provision of 100% of the net pool into the next day's NYRA Bets Late Pick 5 if there are no winning tickets.