Fair Grounds Announces Second Purse Increase of the Meet
Continued Strong Business Prompts Another Daily Bump
New Orleans (January 8, 2021) – For the second time in the young 2020-21 meet, Fair Grounds Race Course & Slots has announced a 10% purse increase across the board. Much like the first, the boost was inspired by strong simulcast handle during the first seven weeks of the 149th racing season, which includes solid bettor response to the newly implemented traditional early and late Pk5 wagers.
“Despite losing multiple days of turf racing, handle has remained quite strong,” Fair Grounds’ racing secretary Scott Jones said. “Condition book four will be released the beginning of next week, and we’re happy to be in a position to raise purses for a second time. We’d once again like to thank the owners, trainers and fans who have been supporting our day-to-day racing product.”
As a result of the increase, which will go into effect for condition book #4 (which starts February 3, 2021), purses on allowance races will be bumped up $5,000, the mid-level races will be boosted by $3,000, while all other races will receive a $2,000 hike. Maiden special weight races will now be worth $55,000. The purse increase includes both open races and Louisiana-bred races.
Entries for the Wednesday, February 3 card will be drawn one week earlier on Wednesday, January 27, 2021.