Horse Racing Betting -
Horse Racing Tips - Thoroughbred Horse Race - Derby Bet
Pick 3
Horse Betting Tips
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All of the most common terms used in Horse Betting
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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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