Changes to the Tote Jackpot are to come into effect next week.
Friday 9 October 2015 10:12, UK
Changes to the Tote Jackpot are to come into effect next week.
From Tuesday, the bet will comprise of six races from one or more race meetings as opposed to the traditional six from one fixture, with the aim being to create bigger pools and bigger rollovers.
Totepool said the measures are being implemented to drive an uplift in totejackpot turnover that has stagnated in line with a fall in field sizes, contributing to a drop in average pool sizes and dividends
However, for the major meetings at Cheltenham and Royal Ascot the jackpot is likely to stay at one meeting.
Stakes will stay unchanged, with the minimum bet remaining £1 off course and £2 on course.
Mark Stebbings, managing director of Betfred and Totepool UK, said: "The totejackpot is all about eyecatching numbers and unfortunately we haven't seen enough of them in recent years.
"In order to market the bet to the maximum and to a wider audience we need big pools and big winners. We want to create millionaires with our Jackpot bet.
"We are very much aware that moving away from a one meeting system is a big shift but all our research tells us it will reinvigorate the bet.
"The £15m Scoop6 proved what can be achieved with pool betting in this country and we want to sprinkle a little bit of that stardust onto the totejackpot."
