10/04/2013 12:40PM

Woodbine: Jackpot Hi 5 wager to be introduced Wednesday

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ETOBICOKE, Ontario – Woodbine Entertainment Group will introduce a new wager, the Jackpot Hi 5, beginning with Wednesday’s Thoroughbred program.

The Jackpot Hi 5, with a 20-cent minimum and a 15 percent takeout, will require bettors to select the first five finishers in exact order on the last race of the card.

If there is no winning ticket, then the entire pool, minus takeout, will be carried over to the next card. If there is more than one winning ticket, then 50 percent of the pool will be paid out in consolation payoffs, with the other half being carried over to the next card.

To promote the new wager, the first single winner of the Jackpot Hi 5 is guaranteed a minimum payout of $10,000.

The Jackpot Hi 5 will make its Standardbred debut Oct. 17 at Woodbine.