Twin Spires Jackpot P5

[Kasept]

Introduced this week and starts today. Fun, clever concept. Even if you aren't a TS user, access available Fri-Sat-Sun to the sequence PP's and analysis: https://www.twinspires.com/jackpot-5...s-and-free-pps

This is a good alternative to the Magna Pick 5 and National Pick 4. I hope more of these wagers are available.

[Port Conway Lane]

Essentially a 5 horse show parlay with an affective takeout of 64% (not counting the seed funds) until the carryover reaches 500k and the mandatory payout.
ACCEPTED: 06ed3-2e013 JS5 #1 $0.80 Pick-5 5,​WT,6,​WT,10,​WT,4,​WT,7 $0.80
ACCEPTED: fafa7-8f231 JW5 #1 $0.20 Pick-5 5,​WT,6,​WT,10,​WT,4,​WT,7 $ 0.20

[Tiznowfan1]

Originally Posted by Port Conway Lane

Essentially a 5 horse show parlay with an affective takeout of 64% (not counting the seed funds) until the carryover reaches 500k and the mandatory payout.
ACCEPTED: 06ed3-2e013 JS5 #1 $0.80 Pick-5 5,​WT,6,​WT,10,​WT,4,​WT,7 $0.80
ACCEPTED: fafa7-8f231 JW5 #1 $0.20 Pick-5 5,​WT,6,​WT,10,​WT,4,​WT,7 $ 0.20

The takeout rate is 20% not counting the seeded funds which effectively lowers the takeout. 80 cents of every dollar is either going towards the Jackpot Pool or the Show Pick 5 pool.

Thanks,

Jeremy Clemons

[Port Conway Lane]

Originally Posted by Tiznowfan1

The takeout rate is 20% not counting the seeded funds which effectively lowers the takeout. 80 cents of every dollar is either going towards the Jackpot Pool or the Show Pick 5 pool.

Thanks,

Jeremy Clemons

Because 20% goes to the winner/carryover pool 80% is paid out to the "show parlay" pool. 80% of 80% makes the effective payout 64% not counting the seeded funds. I should have stated the effective takeout is 36% before seeded funds.

[Tiznowfan1]

Originally Posted by Port Conway Lane

Because 20% goes to the winner/carryover pool 80% is paid out to the "show parlay" pool. 80% of 80% makes the effective payout 64% not counting the seeded funds.

I understand it may be confusing the way we needed to operate the wager. From the $1 base wager. 20 cents is placed into the Jackpot pool (16 cents after takeout) and 80 cents is placed in the Show Pick 5 pool (64 cents after takeout). So the takeout rate is 80 cents for every $1 base wager. That is the max takeout before considering the added value of the seeded funds.

Hope that helps.

Thanks,

Jeremy Clemons

[joeydb]

Originally Posted by Kasept

Introduced this week and starts today. Fun, clever concept. Even if you aren't a TS user, access available Fri-Sat-Sun to the sequence PP's and analysis: https://www.twinspires.com/jackpot-5...s-and-free-pps

Steve - saw this over the weekend and was curious what you thought of it. I immeddiately did think of the Magna 5. Nice to have a multitrack $1 pick 5 back.

[NTamm1215]

So the pool on this yesterday was about $6,500?

[ranger5830]

I calculated the pool to be $12,868, 20% of the net pool went to the jackpot amount, and that went up $2,058.88, so pre-takeout that would be $2,573.60. So multiply that by 5 and you get $12,868. But then yesterday's handle was, based on my calculations, only $8,314, or basically a 1/3 drop, and the winning payout was only $7.92.

[herkhorse]

I don't get the show pic 5 part, must have been designed for GPK.

[tanner12oz]

I hope everyone hates this and nobody plays ...makes it easier to take the pool

[tanner12oz]

got hit on saturday for 31k.....still a crappy bet? lol...the jackpot bets are great no matter what the takeout if they are seeding the pot and NOBODY is playing...only seeding 10k now since they took a bath on it last week