Payout for Pick 5
by Mary Anne
Beholder ridden by Gary Stevens wins the Breeders' Cup Distaff at Santa Anita
I am trying to understand how my pick 5 payout is calculated and I do not understand.
Below is my wager and payout information from Gulfstream's website. When I calculate my payout manually I do not come to the same number.
Price per bet $0.50 total ticket cost $144.00
12/20/18 Gulfstream Park Race 6 pick 5
$1 Pick 5 3/3,13/1/9/6 4,654.70
I would assume that the winning is half of $4,654.70 which is $2,327.35 but my ticket says $2,599.05.
I'm not complaining but I want to be able to better estimate what my winnings will be next time.
Answer: Pick 6 ONLY paid all 6 of 6. The Pick 5 pool paid consolation 4 of 5 tickets as well.
11x 4 out of 5 @24.70 added to the pick 5 win.
Exact calculation after the take-out is unclear, based upon the track’s formula. They get their cut off the top & the remainder is pool payout money.
Courtesy of Laurie Ross: email@example.com
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