Understanding Horse Racing Pick 3 Betting
Think it’s fun to win selecting a winner in one horse race? Try selecting three in a row with a Pick 3 Horse Racing bet!
What is a Pick 3 bet in horse racing?
With a Pick 3 bet, you win if you correctly select the winners of three consecutive horse races.
What is the minimum stake on a Pick 3 bet?
The minimum stake is usually $.50 for a Pick 3 bet. Online Pick Three bets have the same minimum stake as betting Pick 3s at the track.
How much can I win on a Pick Three bet?
Winnings on pick three bets are unlimited and are determined by the pari-mutuel system where all the winning tickets share the pool of money collected (less the money the track takes as commission).
Lets look at a recent race to get a bettor understanding of what you could win with a Pick Three bet. Placing a $2 Pick 3 wager at the 2014 Belmont Stakes…
…Would have earned the bettor a payoff of $288.50, amounting to a substantial payout of approximately 144-1.
Can I select more than one horse in each leg of a Pick 3?
Yes! If you aren’t sure who to single in a particular race, you can narrow down the choices (and the cost of your ticket) by selecting several horses. Or you can go expensive and take ALL the horses. Just be careful to watch the cost of your ticket.