Understanding Horse Racing Pick 5 Betting
Think it’s fun to win selecting a winner in one horse race? Try selecting five in a row with a Pick 5 Horse Racing bet!
What is a Pick 5 bet in horse racing?
Though not every track has one, with a Pick 5 bet, you win if you correctly select the winners of five consecutive horse races.
What is the minimum stake on a Pick 5 bet?
The minimum stake is usually $.50 for a Pick 5 bet. Online Pick Five bets have the same minimum stake as betting Pick 5s at the track.
How much can I win on a Pick Five bet?
Winnings on Pick Five 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 use some recent race results to better understand how much you could win with a correct Pick Five wager. Should you have placed a correct $.50 Pick Five wager at the 2014 Kentucky Derby…..
…The Pick Five payoff would have been $694.95. This means that a correct bet netted a substantial payout of nearly 1390-1!
Can I select more than one horse in each leg of a Pick 5?
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 in a single race. Just be careful to watch the cost of your ticket.