VIRGINIA GOLD CUP HANDLES $81,017

According to Equibase the Virginia Gold Cup meet at Great Meadow on Saturday handled $81,0017 in pari-mutuel wagers. It was the first time the famous Virginia timber race offered pari-mutuel betting and the first to do so since Morven Park did back in 1991 and 1992.
The betting windows and kiosk saw long lines throughout the day prompting Gold Cup consultant Mike Pearson to speculate that handle might have been “$182,000 instead of almost $82,000” if the lines had moved quicker.

The wagering platform was just the first step in the Virginia Gold Cup Association’s plan to offer pari-mutuel wagering at all of their meets.  The plan for the fall race – the International Gold Cup – is for the wagering to take place on cell-phones and handle held devices such as an iPad which should resolve any issues with lines and make the product easier for patrons to access.

The Gold Cup winner, Grinding Speed, paid $12.00 to win.