Woodbine Entertainment announced on Saturday that there will be a mandatory payout for the Woodbine Thoroughbred Jackpot Hi-5 next Saturday, Aug. 8.
Wagering on the Jackpot Hi-5 will be suspended following this weekend and will not be offered on the Thursday, Aug. 6 and Friday, Aug. 7 racing programs. The carryover, which has been growing since June 21, currently sits at $268,052.47.
The Jackpot Hi-5 wager, which has a 20-cent minimum bet, requires horseplayers to select the top five finishers in the correct order for the final race on the program. The Jackpot proviso means that the entire pool pays out only when there is a single winning ticket or when there is a mandatory payout.
The last time there was a mandatory payout on the Thoroughbred Jackpot Hi-5 was on the 2019 season finale (December 15). The carryover was $80,221.02 with $284,592 wagered in new money. The payout was $7,164.70.
The draw for Saturday's race card will take place on Wednesday, Aug. 5.
The post Woodbine To Offer Mandatory Payout On Hi-5 Aug. 8; Jackpot At $268,052 appeared first on Horse Racing News | Paulick Report.
