FAR HILLS, N.J. — When Caldbeck, won the Far Hills Races’ $50,000 Gladstone Stakes for three-year-old he made history.
It was not because he won by 11 1/2-length victory but because he was the first time spectators could cash wining pari-mutuel tickets on any race.
Caldbeck paid his backers $6.60 for every $2 win bet. Those who had less confidence in him actually made $7 per every $2 betting him to finish second.
With strong support from Central New Jersey legislators and near-unanimous votes in the New Jersey Assembly and Senate, legislation authorizing pari-mutuel wagering at Far Hills passed in August 2016, with the law taking effect the following month. Far Hills officials had worked to prepare for pari-mutuel wagering last year, but logistical issues at its Moorland Farm race course delayed the launch until the 2018 meet.
Later in the day Jury Duty won the Grand National, the richest Steeplechase in America. The rider of second place finisher, Tornado Watch claimed foul, but the judges deemed Jury Duty “not guilty” of interference at the last jump. Jury Duty’s backer had to wait for the decision to be a made to get their $4.60 back for each $2 win ticket.
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