National Best Seven is Set to Fizzle Out on April 8
The National Best Seven, a 50-cent bet that fell far short of expectations, will be offered for the last time on April 8, the Thoroughbred Racing Assns. tracks said Friday.
The wager, with a projected once-a-week handle of $500,000, has averaged only $215,000 over 40 weeks, and betting dropped under $100,000 on nine of the last 11 Saturdays.
“This was a difficult decision,” said Brian McGrath, TRA commissioner. “The prospects of raising the handle to acceptable levels were not promising. The complications of making information about the races easily accessible for the bettors could not be surmounted.”
One of the purposes of the best seven was to help pay McGrath’s $750,000-a-year salary.
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