Thursday Strategy Session
The JP8 (Jackpot Eight) was first introduced on the wagering menu at Turfway Park earlier this year. Now it carries over to Churchill Downs for the Fall meet. It travels from one CHDN Kentucky track to another (Churchill, Turfway, and Ellis Park).
This wager is where one has to select the first eight finishers in order of finish. Very difficult to hit. The track take-out for the wager is 22%. It is only available in the last race on the card provided there are at least ten wagering interests.
Is it worth the effort? If one listens to the master handicappers, sharps, or wiseguys it is a Quixotic wager. Some have taken to calling it the "What-the-fecta".
I maintain it is a fascinating wager that can serve as a handicapping exercise. A savvy horseplayer will one budget a buck or two for the JP8. A nice field of ten, eleven, or full field of twelve provides an excellent handicapping challenge.
If you are a 10 CENT Superfecta player adding an additional three finishes to your play has the potential to have a very nice payout. A percentage of the pool (25%) pays on tickets that are close to matching the first eight. Another portion of the pool (75%) is carried over to the next time the wager is available. A single ticket with the first eight finishers in order of finish wins the entire pool.
Here is a chart for the short Churchill Summer (2026) meet that shows the payouts for winning tickets close to matching the first eight finishers. Data has been compiled from Equibase posted results.
As you can see the payouts are fairly decent. Note also that you could hit it with the first three horses in order, though the payout will be low.
Strategy
Use your 10 CENT Superfecta wager as your main wager. Add in the Super High-five and then run out your play with the JP8 budgeting wisely with only one or two dollars. If you have a good bead on the first four (super) add your additional horses for the other two exotic wagers. Handicap for fun and profit.
Yes, it is a brain buster. Yes, it is high risk, but generous reward. As a skilled handicapper you have a better chance of hitting the JP8 than any randomly generated lottery ticket. Plus, you have the benefit of piecing together a very challenging puzzle. It is the last race on the card. Focus on it and you won't waste a lot of time playing hunches or whims on other races. Play and budget the JP8 first then go onto your other targeted races.
~Turfmeister Maz~
