A jackpot is a betting pool where a fixed or growing prize is paid out if all required selections are predicted correctly.

Jackpots usually involve multiple matches and a shared prize fund.

How it works

• Bettors must predict outcomes for a set number of events

• All selections must be correct to win the top prize

• If no one wins, the jackpot may roll over to the next round

Example

• Jackpot requires correct picks for 12 football matches

• Prize pool: $100,000

• One perfect ticket wins the entire amount

Key characteristics

• Very high payouts

• Extremely low probability of winning

• Often offered with low entry stakes

Important note
Jackpot bets are highly negative EV and should be treated as entertainment, not a long-term betting strategy.