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how does jackpot work in horse racing
In horse racing, a jackpot is a large sum of money awarded to bettors who correctly predict the winners of multiple races in a particular event. These events, known as “jackpot races” or “jackpot pools,” typically consist of a series of races, each with its own odds and payouts. To participate in the jackpot, bettors must purchase special “jackpot tickets” that allow them to make multiple predictions across the races. If a bettor successfully matches the winning horses in all the designated races, they win the jackpot prize, which can often be a substantial amount of money. The amount of money in the jackpot pool is determined by the number of tickets sold and the percentage of wagers allocated to the jackpot. ...