What Is A Pick 3 Bet In Horse Racing?

Marcus Bazzano
By Marcus Bazzano
What Is A Pick 3 Bet In Horse Racing?

What Is A Pick 3 In Horse Racing?

In horse racing, a Pick 3 is a wager where you choose the winners of three consecutive races at the same horse racing track

To win, you must correctly select the winners of all three races. It's a challenging but potentially lucrative bet.

How Does A Pick 3 Work In Horse Racing?

In a Pick 3 bet, you select winners for three consecutive races. The bet closes before the first of the three chosen races. 

You must correctly pick the winners of all three races to win. Minimum bets vary, often starting at $1 or $5.

How To Win A Pick 3 Bet 

To win a Pick 3 bet, correctly select the winners of three consecutive races. Choose horses with strong form, favorable odds, and consider factors like track conditions and jockey experience.

How Much Does A Pick 3 Pay?

A Pick 3 payout varies based on the bet stake, odds of the winning horses, and the track's takeout rate. 

Typically, payouts range from $10 to $10,000 or more for a small wager. Exact payouts are calculated after each race.

Kentucky Pick 3 Payouts 

Kentucky Pick 3 payouts vary depending on the bet amount and winning horses' odds. Below are some different types of payouts you can expect at Kentucky Downs based on the horses you choose to win the race.

  • $1 Pick 3 with 3 favorites: $50-$100
  • $1 Pick 3 with 2 favorites and 1 longshot: $200-$500
  • $1 Pick 3 with 3 longshots: $1,000-$5,000 or more

Payouts are calculated after each race and are based on the pari-mutuel system.

How Much Is A Pick 3 Straight Box Payout? 

A Pick 3 Straight Box payout varies based on the wager amount and the odds of the winning horses.

Payouts can range from a few dollars to tens of thousands, depending on the prices of the winning horses.

How To Place A Pick 3 Bet 

You can place a Pick 3 Bet with a bookmaker in a few simple steps! 

  1. Open bookmaker app
  2. Select ‘Pick 3' or choose horses to win 3 consecutive races 
  3. Select horses 
  4. Add to betlsip
  5. Place & confirm bet 

Remember to check the bookmaker's rules and minimum bet amount before placing your bet.

Marcus Bazzano
By Marcus Bazzano

Marcus is a young but experienced sports journalist and content creator, having been in the industry 5+ years. He has written racing specific content for leading racing sites such as RacingBase, Odds and now Fan Odds. Marcus learnt his love for racing from his father, who has owned multiple horses in Marcus' lifetime.