Posted
on 11/14/2007 9:50 PM
By: CappersPicks.com Horse Racebook Handicapping
Staff
Pick 3 - Horse
Race Betting 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.
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