TwinSpires.com is launching a new faster-paced, multi-track wager Aug. 17 that is structured so players will see the first race through the fifth race in 90 minutes.
Called the Jackpot 5, the inaugural pool will be seeded with a $25,000 carryover. To win the pot, a player has to be the only one to have picked the winners of the Secretariat Stakes (gr. IT), Beverly D. Stakes (gr. IT), and the Arlington Million (gr. IT) at Arlington Park plus a race at Louisiana Downs and one at Indiana Downs. The pool carries over if either no one has the winners or there are multiple winners.
The Jackpot 5, which has a $1 minimum bet, also comes with a built-in saver in the form of the Show Pick 5. If a player bets a total of $100 on a Jackpot 5 ticket, his bets automatically are entered into a Show Pick 5 pool that will pay out to multiple players who have their picks finish third or better in all five races.
"We anticipate the wager will produce large carryovers and the opportunity for a life-changing score," said Jeremy Clemons, vice president of marketing for TwinSpires.com. "Additionally, by jump-starting the pool with a $25,000 carryover we ensure the wager is a tremendous value for players."
TwinSpires.com plans to offer the Jackpot 5 every Friday, Saturday, and Sunday with the first leg usually starting just after 4 p.m. ET. When the carryover pool in the Jackpot 5 eclipses $500,000, the next Jackpot 5 will convert to a traditional Pick 5 wager and will feature a mandatory payout distributed to all winning tickets. The Jackpot 5 wager is available only through TwinSpires.com.