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What Is a ‘Pick 5’ in Horse Racing?

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

These are the best sportsbooks that we recommend as of 2023 based on bonuses, odds and overall betting experience:

  1. BetOnline
  2. Sportsbetting.ag
  3. Bovada
  4. BetUS
  5. MyBookie
#1
Rating
4.9
First Deposit Bonus 50% UP TO $1000
  • US Players Accepted
  • Promo Code: BOL1000 (Minimum Deposit: $55)
See Details Terms & Conditions

MINIMUM deposit of $55.00 is required to qualify for the bonus.
You will receive a 50% bonus on your qualifying first deposit only.
Deposits via Skrill and Neteller do not qualify for this bonus.
The maximum bonus per deposit is $1,000.00.
Full terms and conditions apply.

#2
Rating
4.8
First Deposit Bonus 50% UP TO $1000
  • US Players Accepted
  • Promo Code: SB1000 (Minimum Deposit: $55)
See Details Terms & Conditions
#3
Rating
4.8
First Deposit Bonus 50% UP TO $250
  • US Players Accepted
  • Promo Code: VEGASODDS
See Details Terms & Conditions
#4
Rating
4.6
First Deposit Bonus 125% UP TO $3125
  • US Players Accepted
  • Promo Code: JOIN125 (Minimum Deposit: $100)
See Details Terms & Conditions
#5
Rating
4.4
First Deposit Bonus 100% UP TO $1000
  • US Players Accepted
  • Promo Code: VEGASODDS
See Details Terms & Conditions

MINIMUM deposit of $55.00 is required to qualify for the bonus.
You will receive a 50% bonus on your qualifying first deposit only.
Deposits via Skrill and Neteller do not qualify for this bonus.
The maximum bonus per deposit is $1,000.00.
Full terms and conditions apply.

Betonline

4.9
First Deposit Bonus 50% → $1000

MINIMUM deposit of $55.00 is required to qualify for the bonus.

You will receive a 50% bonus on your qualifying first deposit only.

Deposits via Skrill and Neteller do not qualify for this bonus.

The maximum bonus per deposit is $1,000.00.

>Read the full terms and conditions