Wagering giants BetMakers and Supreme Ventures Racing and Entertainment have partnered to introduce fixed-odds wagering to Jamaica’s Caymanas Park.
Unveiled at the first-ever Mouttet Mile race, this system allows Caymanas Park attendees to place wagers with full knowledge of their possible returns. This is a significant development for Jamaican horse racing, offering a degree of predictability that parimutuel betting, the nation’s traditional gambling method, cannot match.
This Jamaican launch follows BetMakers’ implementation of fixed-odds betting in New Jersey earlier this year, showcasing their dedication to expanding this wagering format across diverse regions.
BetMakers COO, Dallas Baker, highlighted the unparalleled enthusiasm for racing in Jamaica and how fixed-odds betting, with its capacity to engage new enthusiasts and stimulate expansion, is ideally suited for this market.
Furthermore, the collaboration with Supreme Ventures will extend fixed-odds betting to their digital platform, cayamansbet.com, in the beginning of 2023, broadening its accessibility.
Baker stressed that BetMakers is committed not only to implementing fixed-odds betting but also to reinvesting in the sport and fostering innovation, citing their achievements in Australia where fixed-odds betting has thrived for over a decade and a half.
The group at Caymanas Park, spearheaded by Leader Solomon Sharpe, is truly creating a stir in the realm of equestrian competition. A sense of pride accompanies our collaboration with them as we collectively strive to expand the appeal of this sport throughout Jamaica.
