50 cent pick 3?

Hud477 · Feb 27, 2017

I just saw Gulf Stream is lowering its pick 3 to 50cents. Does anyone know of any other tracks to do this. I think Churchhill Downs does it as well. Does anyone know why it's not more common?
it would definately help me with bankroll I can start doing 4x1x4 for only 8 bucks I can even do more 2x1x2. Does anyone have any strategies or tips for the pick 3-4?

grutledge · Feb 27, 2017

I thought most all TRACK"S offer 50 cent Pic 4"s pic 3"s and Pic 5"s!!!!!!! Good Luck!!

Haystacks · Feb 27, 2017

Hud477 said:
I just saw Gulf Stream is lowering its pick 3 to 50cents. Does anyone know of any other tracks to do this. I think Churchhill Downs does it as well. Does anyone know why it's not more common?
it would definately help me with bankroll I can start doing 4x1x4 for only 8 bucks I can even do more 2x1x2. Does anyone have any strategies or tips for the pick 3-4?

toss the first 3 favorites in the first leg. Value lies in a decent price winner to start the sequence

Hud477 · Mar 1, 2017

Haystacks said:
toss the first 3 favorites in the first leg. Value lies in a decent price winner to start the sequence

I've been trying the 1x4x1 I always want to front load my ticket, but been having more success middle or end loading and hoping for chaos

Prof_Factor · Mar 1, 2017

Haystacks said:
toss the first 3 favorites in the first leg. Value lies in a decent price winner to start the sequence

I actually like this idea, it allows you to start hedging in the 2nd leg. So a 3x1x2 or 3x2x1 ticket is easy to hedge early because you already have value via the 1st leg.

Hud477 · Mar 2, 2017

Prof_Factor said:
I actually like this idea, it allows you to start hedging in the 2nd leg. So a 3x1x2 or 3x2x1 ticket is easy to hedge early because you already have value via the 1st leg.

can you explain this in a bit more detail?

Prof_Factor · Mar 2, 2017

Hedging = to prevent complete loss of a bet by betting an additional amount against the original bet.

If the pick-3 ticket cost is low enough and the payoff is high, I will look to hedge. Usually I would be looking to hedge just in the 3rd leg. I will hedge anytime I see an opportunity. Ideally we'd be looking to guarantee a profit regardless the outcome of the race.

For example, let's say we are live in the 3rd leg with probable pays on 2 horses of $75 and $100. Let's say it's a 9-horse field and we're only worried about 4 other horses beating our pick-3 ticket (original cost $10).
We can look to structure a hedge like:
#1 (5-2) $10 win (will pay $35)
#2 (5-1) $6 win (will pay $36)
#3 (8-1) $4 win (will pay $36)
#4 (8-1) $4 win (will pay $36)

So now all bets total $34 and we've virtually eliminated risk of loss by betting against our pick-3 will pays, which now are $41 ($75-$34) and $66 ($100-$34) net.

So if our pick-3 cost is low enough and we already know probable payoff will be high, we can start hedging in the 2nd leg against any horse that we think can beat our ticket. An 8-combo 50-cent pick-3 for $4 is easy to hedge in the 2nd leg and increase likelyhood of profit should we get beat. A few $2 win tickets should more than suffice.

Anytime I structure a pick-3 I'm automatically trying to set up a hedging opportunity in the 3rd leg.
Hope this clarifies.

Hud477 · Mar 2, 2017

Prof_Factor said:
Hedging = to prevent complete loss of a bet by betting an additional amount against the original bet.

If the pick-3 ticket cost is low enough and the payoff is high, I will look to hedge. Usually I would be looking to hedge just in the 3rd leg. I will hedge anytime I see an opportunity. Ideally we'd be looking to guarantee a profit regardless the outcome of the race.

For example, let's say we are live in the 3rd leg with probable pays on 2 horses of $75 and $100. Let's say it's a 9-horse field and we're only worried about 4 other horses beating our pick-3 ticket (original cost $10).
We can look to structure a hedge like:
#1 (5-2) $10 win (will pay $35)
#2 (5-1) $6 win (will pay $36)
#3 (8-1) $4 win (will pay $36)
#4 (8-1) $4 win (will pay $36)

So now all bets total $34 and we've virtually eliminated risk of loss by betting against our pick-3 will pays, which now are $41 ($75-$34) and $66 ($100-$34) net.

So if our pick-3 cost is low enough and we already know probable payoff will be high, we can start hedging in the 2nd leg against any horse that we think can beat our ticket. An 8-combo 50-cent pick-3 for $4 is easy to hedge in the 2nd leg and increase likelyhood of profit should we get beat. A few $2 win tickets should more than suffice.

Anytime I structure a pick-3 I'm automatically trying to set up a hedging opportunity in the 3rd leg.
Hope this clarifies.

yes thanks, I do this on parlays for football, I always bet my tickets and im led the Monday night game. If I hit all the games sunday gives me more time to set it up with bookie. I'm going to start front loading my pick 3s idk why I hadn't thought of that.