Woodbine Racetrack is gearing up for a highly anticipated event this Sunday with a mandatory payout for the Thoroughbred Jackpot Hi-5. The current carryover for the Jackpot Hi-5 stands at approximately US$253,816, and this will be the final amount carried into the mandatory payout, as wagering on the Jackpot Hi-5 has been suspended until Sunday’s race card.
The Jackpot Hi-5 wager is an exciting challenge for horseplayers, requiring them to correctly select the top five finishers in exact order. Typically, the entire jackpot is awarded to a player who holds the only winning ticket for that day's wager. If there are multiple winning tickets, half of the pool is distributed among the winners, and the other half is added to the carryover. However, on Sunday, the entire carryover will be distributed, along with any new money wagered, regardless of the number of winning tickets.
This special payout event is expected to draw significant attention from bettors. The Jackpot Hi-5 features a minimum bet of 20 cents and a 15 percent takeout rate.
The mandatory payout will occur during the final race of Sunday’s card. Entries for this race card will be made available on Thursday afternoon.
Live racing at Woodbine Racetrack on Sunday will commence at 1:10 p.m. EDT, offering a thrilling afternoon for racing fans and bettors alike.