“The 10-cent superfecta is the wagering innovation our fans have been asking for,” said NYRA President and CEO Charles Hayward. “We thank the New York State Racing and Wagering Board for giving us the opportunity to provide this wagering option to our fans, especially now, as we are heading into the most significant day of racing at Belmont Park this fall, our Breeders’ Cup Challenge card on Sunday.”
In a superfecta, the bettor must pick the first four finishers of a race in the correct sequence in order to win. Lowering the minimum wager from one dollar to one dime permits a bettor to cover many combinations with only a modest investment, increasing the chance of a sizable payoff. For example, a 10-cent superfecta costs only $2.40 to box four horses while the same $1 superfecta box would cost $24.
In a widely reported story, last year a bettor in Michigan placed a 10-cent superfecta bet on a race simulcast from Hollywood Park. As it was the only winning ticket, she collected $21,584 for her 10-cent wager.
Belmont Park, Aqueduct and Saratoga generally offer three superfectas each day. Grade I races with purses of $500,000 or greater are also eligible for superfecta wagering.
10-cent superfectas will be available on-track, through NYRA Rewards Telebet and to the NYRA Simulcast Network. The wager will be available for both live and simulcast races (if offered by the host track). At this time, fans on-track will be able to place 10-cent superfectas at self service terminals only. NYRA Rewards internet wagering on the 10-cent superfecta will be available online as soon as the internet wagering software is successfully updated.