Twin Spires Jackpot P5

[Port Conway Lane]

Originally Posted by Tiznowfan1

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

We're on the same page. I'm only contending that the effective takeout for the show pool is 36%. In other words if there was no jackpot carryover, 80% would be paid out to the show pool. Because 20% after takeout goes to the carryover the return to the show pool becomes 64%.