Search your site

Horse Racing Blogs

Payout for Pick 5

by Mary Anne
(Las Vegas)

Beholder ridden by Gary Stevens wins the Breeders' Cup Distaff at Santa Anita

Beholder ridden by Gary Stevens wins the Breeders' Cup Distaff at Santa Anita

Hello,

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
3,6,8,10/3,5,7/1-3,8/8-10/6,12

Race 10
$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: lross@ironmaidensthoroughbreds.com

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Invitation 6 - Questions.