Woodbine Entertainment Group (WEG) announced that a mandatory payout for the Thoroughbred Jackpot Hi-5 is slated for Sunday, October 16, which is Patterson Canadian International day.
The final opportunity to wager on the Jackpot Hi-5 before the mandatory payout date will be Sunday, October 9.
The carryover will continue to build through that date, provided there is not a single winner. The wager will then be suspended for the Holiday Monday, October 10; Wednesday, October 12; Friday, October 14; and Saturday, October 15 cards of racing, allowing customers to prepare for the mandatory payout prize.
The Jackpot Hi 5, which currently boasts a carryover of $365,996.78 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.
On a card where there is not a mandatory Jackpot Hi-5 payout, and 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.
The Jackpot Hi-5, which has not been won since August 6th, has become a popular part of the WEG wagering profile. The wager, which offers a 20-cent minimum and a takeout of 15%, debuted in 2013.
For fans and horseplayers wanting further information on WEG’s Jackpot Hi 5, including details, strategy and carryover info visit www.WoodbineEntertainment.com/JackpotHi5
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