05/08/2014 4:25PM

Woodbine Harness: Mandatory Jackpot Hi 5 payout date announced


Woodbine Entertainment Group (WEG) announced that the mandatory payout for the Standardbred Jackpot Hi 5 is set for Saturday, May 17, the second-to-last card of the Woodbine meet.

Harness racing moves to Mohawk for 102 dates, beginning Thursday, May 22.

The Jackpot Hi 5, which currently boasts a carryover of $503,972, requires horseplayers to select the first five finishers in exact order on the last race of the program.

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.

Should the Jackpot Hi 5 continue to carryover to May 17 without a winner, a lucrative mandatory payout amount is expected to generate sizable horseplayer interest in the pool.

The wager, which offers a 20-cent minimum and a low takeout of 15%, debuted October 17.

The Jackpot Hi 5 is popular among core and new racing fans. This past Monday night, $59,503 was wagered into the Jackpot Hi 5 pool.

-edited release (WEG)