Pick 3
- Horse Racing Wager Types
In order to win a Pick 3 bet you are required
to select the winning horse in three consecutive
races. Most tracks only offer one or two
pick 3 opportunities per day. Some tracks
offer a rolling pick 3 in which every race
is part of a pick 3 bet, which means that
some races are included in three pick 3
bets. The third race for example, would
be the third race of the first pick 3, the
second race of the second pick 3, and the
first race of the third pick 3. I don't
mean to make this seem complicated, it is
really very simple. The simplest pick 3
bet is the $2 straight pick 3. If for example,
you picked the #2 horse to win the first
race, the #4 horse to win the second race,
and the #6 horse to win the third race,
you would tell the clerk ($2 pick 3 - 2,
4, 6).
Pick 3 Part Wheel
The pick 3 part wheel bet is one of my favorite
plays at the track. It allows you to single
your favorite horses in some races and
combining them with several good paying
horses in other races in an attempt to
hit a good paying win ticket. There is
generally good value in the pick 3 bet,
and frequently they will pay considerably
more than the comparable amount of money
bet in a 3 race parlay.
To increase the probability of winning
a pick 3 you may want to play multiple combinations
by selecting more than one horse in one
or more of the three races. The easiest
way to communicate this bet to the clerk
is to use the pick 3 part wheel bet. If
you think the #3 horse will win the first
race of the pick 3 and either the (#1, #5
or #7) horse will win the second race, and
the (#2, #5, #8, #10, or #12) horse will
win the third race, you would tell the clerk
($2 Pick 3 Part Wheel 3 with 1, 5, 7 with
2, 5, 8, 10, 12). The cost of this bet would
be (1 x 3 x 5 x $2) = $30 for your $2 bet.
You can bet any amount from $1 on up. Remember,
that if you bet a $1 bet, you only collect
1/2 of the payoff amount since most bets
are quoted for a $2 bet.
Exacta
Wagers Explained
Straight
Bets Explained
Superfecta
Wagers Explained
Trifecta
Wagers Explained
Quinella
Wagers Explained
Pick
3 Wagers Explained
Daily
Double Wagers Explained
Other
Racebook Betting Types Explained
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