Payout could exceed $2,500,000 tonight!

10:30 PM 17 May 2014 NZST
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Harness racing
Hi 5 Jackpot at Woodbine could hit $2,500,000 tonight

Low takeout 20 cent wager with $600,000 carryover will break all records. The harness racing gamblers across North America have been talking about this scenario for a month. What if the Jackpot Hi 5 wager at Woodbine does not get hit until the mandatory payout? 

If you are one of those players, your dreams have been answered.

One of the greatest wagering and investment opportunities is going to happen Saturday night in Canada and the entire gambling world is waiting to play into the largest pool in harness racing history.

An unprecedented Hi 5 carryover of $656,356 and an estimated record pool of $2,500,000 with a mandatory payout is what will make this wager so compelling to so many people Saturday evening. 

The Saturday Hi 5 is on the twelfth and final race from Woodbine tonight and players will know whether they have won in less than two minutes.

For those of you that are looking for an investment opportunity, there is nothing the gaming industry can offer that beats the Hi 5 risk and reward model on Saturday. I can say it is almost a certainty that with the enormous carryover, the Hi 5 pays out more money to the winners than the amount wagered on Saturday. The low takeout of 15% makes this dream scenario possible.

    TOTAL  POOL             NEW MONEY            RETURNED TO WINNERS          PLAYER ADVANTAGE

       2,000,000               1,343,644                          1,798,453                                   33%

       2,500,000                1,843,644                          2,223,453                                   20%

       3,000,000                2,343,644                           2,648,453                                  13%

       3,500,000                2,843,644                           3,073,452                                    8%

       4,000,000                3,343,644                           3,498,453                                    4%

The Saturday Hi 5 at Woodbine is scheduled to go at 11:05 eastern on Race 12 with a field of eleven. I salute Woodbine for having the initiative of adding an extra horse to the Hi 5 race. The eleven horse field makes the race more unpredictable and will definitely make the payoff larger. In my opinion, the eleventh horse will grow the Race 12 handle by more than $250,000.

The Woodbine Hi 5 minimum bet is 20 cents, making this wagering opportunity affordable to everyone. To the people at Woodbine, take a bow. This is your moment. The harness racing world is tapping their hockey sticks in unison, saluting you for a job well done.

Chicago, Illinois  by  Michael Antoniades – Chicago Racing Analyst

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