| Horse Racing Betting Types | |||
| Straight Bets | Quinella | Trifecta | Daily Double |
| Superfecta | Exacta | Pick 3 | Other Types |
PICK 3
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.
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