What Is a ‘Pick 5’ in Horse Racing?
Pick 5 in horse racing betting is a type of wager that allows bettors to select the winners of five consecutive races at a racetrack. It is usually offered as a minimum $0.50 wager and pays out only if the bettor correctly selects all five winners. The payoff is usually based on a pari-mutuel system, meaning that the total payout is divided among all winners as opposed to a standard parlay which has set odds and a payout when the wager is placed.
Best Online Sportsbooks for Horse Racing
8.2
First Wager Bonus
100% up to $1250
8
Promotions
See Website
7.7
Multiple Promotions:
See Website
