Woodbine Entertainment Group (WEG) announced that a mandatory payout for the Thoroughbred Jackpot Hi 5 is slated for Saturday, September 16, as part of a tremendous Ricoh Woodbine Mile card.
Following Woodbine’s Sunday, September 10 card, wagering on the Jackpot Hi 5 will be suspended on Wednesday, September 13 and Friday, September 15.
The Jackpot Hi 5, which currently boasts a carryover of $1,332,741.43, requires horseplayers to select the first five finishers in exact order on the last race of the programme.
The Jackpot proviso means that the entire pool pays out only when there is one winning ticket sold that correctly selects the first five finishers in exact order.
If there is not just one winning ticket, half of the wagering pool is carried over and offered on the next racing card. The other half is paid out in consolation payouts to those Jackpot Hi 5 tickets which have the correct order of finish. If there are no winners of the wager, the entire pool, minus takeout, carries over.
A lucrative mandatory payout amount is expected to create a stir among handicappers hoping to share in the pool.
On July 8, 2016, Dan’s Revenge, at 12-1, topped an impressive $118,565.85 payout on the Jackpot Hi 5, in a six furlong Tapeta sprint for sophomore claimers.
For fans and horseplayers wanting further details on WEG’s Jackpot Hi 5, including details, strategy and carryover info click here.