Pick 5

When racing was canceled on Dec. 2 at Parx after the first two races, horseplayer Mitch Demick said he was relieved. He said that he had bet about $120 combined on the early Pick 4 and the Big 5 Pick 5. Entering the third race of the day, which was not run, he did not have a live ticket with either bet. As someone who often plays the horizontal wagers at Parx, Demick was sure he knew the rules and that he was entitled to a refund. According to both...

Editor's note, by Dan Ross: Despite the New York Racing Association's efforts in recent years to limit Computer Assisted Wagering (CAW) participation in the Win, Late Pick Five, and Pick Six pools, the influence these teams exert in terms of last-cycle betting impacts appears to be growing in several other key pools, according to research conducted by economics professors Marshall Gramm and Nick McKinney, both of Rhodes College in Tennessee. Indeed, they found that since 2022, the percentage share from CAW players of monies wagered last-minute into the Exacta, Trifecta,...

Saturday marked the final day of Keeneland's 2024 Fall Meet which saw a season-record all-sources wagering total of $210 million boosted by record purse money that attracted full fields featuring the nation's top trainers, jockeys and horses. Jockey Tyler Gaffalione earned the leading rider title, his eighth overall, with 24 total wins while trainer Brad Cox led all trainers with 14 wins including a record six stakes wins during the meet. Godolphin was the meet's leading owner with four wins. "The Fall Meet was exceptional," said Keeneland President and CEO...

Team members and racing fans at Horseshoe Indianapolis participated in the third annual Veteran's Day event Nov. 10 to raise proceeds for the Hoosier Veterans and Families, Inc. (HVAF) of Indiana, according to a release by the track Monday. The event featured several ways to raise funding and awareness for veterans including naming each race in honor of a veteran associated in some way to Horseshoe Indianapolis. Special saddle towels were also awarded to veterans and family members honored during the racing program. Additionally, a Veteran's Day Pick 5 Challenge...

Delta Downs Racetrack Casino & Hotel will lower the takeout rate on all Pick 4 and Pick 5 wagering pools from 25% to 12% beginning Wednesday, Dec. 13, according to a press release from the track. The new rate will be in effect through Feb. 24, when the season ends. The track offers an Early Pick 5 beginning with the first race each night and a Late Pick 5, which covers the final five races. The Early Pick 4 starts on the second race and the Late Pick 4 covers...

There's no easy fix for the Triple Crown or one that satisfies all three tracks. But a fix is needed. With most trainers reluctant to run their horses back on just two weeks' rest, the GI Preakness S. is reeling. The connections of Rich Strike (Keen Ice), the GI Kentucky Derby winner, committed what would have been considered blasphemy 20 years ago and skipped the Preakness to rest up for the GI Belmont S. This year, Derby winner Mage (Good Magic) was the only Derby starter to run back in...

The New York Racing Association, Inc. (NYRA) will offer a Late Pick 5 pool seeded with $100,000 on Saturday, at Saratoga Race Course. The additional money offered in Saturday's Late Pick 5 pool is to honor NYRA's commitment to horseplayers following extenuating circumstances on Sunday's card that saw three races taken off-the-turf late in the day which disrupted a number of multi-race wagers. Featuring a 15% takeout rate and 50 cent minimum, the Late Pick 5 is open to retail customers only and offered on every live race day at...

With the field loading into the gate for Sunday's sixth race at Saratoga, the start of a Pick 5 sequence, it was announced that three subsequent races were being taken off of the turf. For purposes of the Pick 5, the three off-the-turf races were considered "all" races, meaning those races essentially were eliminated from the bet, turning the Pick 5 into a daily double. It paid $25. That didn't sit well with numerous horseplayers, which didn't go unnoticed by NYRA executives. That's why NYRA CEO and President Dave O'Rourke...

With the approval of the Louisiana State Racing Commission, Fair Grounds is lowering the takeout on its Pick 5 from 25% to 15% and adding a new Pick 6 at the same 15% rate with a $1 minimum. "We are very excited about both of these new wagering opportunities for horseplayers," said Gary Palmisano Jr., the newly-appointed Executive Director of Racing for Churchill Downs Incorporated, which owns Fair Grounds. "Fair Grounds has not had a Pick 6 in many years. After monitoring the success of this same wager at the...

by the Thoroughbred Idea Foundation The rule seems clear. What is also clear is that the rule, as written, was ignored on Thursday, July 21 at Saratoga, though by which party is unknown at present. "On behalf of aggrieved horseplayers who were impacted by the decision last Thursday, and all future players of multi-race bets in New York, we felt it necessary to seek clarification from the New York State Gaming Commission about the rules, why a seemingly arbitrary decision was made in the sequence and what customer expectations should...

Colonial Downs has lowered the takeout rate on its Pick 5 wager from 22% to 12% and the bet will offer a carryover provision for the first time. The wager will have a minimum 50-cent base. The Pick 5, which will be offered on the last five races each day, will pay out 100% of its net pool to those bettors correctly selecting all five winners in the sequence. On days when nobody picks all five winners, 25% of the net pool will be paid to those who correctly selected...

After an investigation by Sam Houston Race Park and the Texas Racing Commission into a mandatory "Pick 5" payout after race 10 on Apr. 3, it was determined that only tickets holding five out of five of the winners were paid and no consolation payout was given to those holding tickets with four out of five winners. Management at Sam Houston has identified the wagering locations of the consolation tickets and notified them to make immediate payment to those ticket holders who should have qualified for consolation payouts. With several...