Quote:
Originally Posted by eurobounce
This article is in the DRF but for those who dont have it here is some info on why Pick 3's are a great bet on Cup Day.
Of the 63 Cup pick 3's, 56 have returned more than the parlay
under $100 - 7
$100-$249 - 5
$250-$499 - 10
$599-$1000 - 10
$1000-$2499 - 16
$2500-$5000 - 9
over $5000 - 6
This is pretty amazing if u ask me.
Here is a good example from the article:
1993 BC at SA
Brocco - $8
Kotashaan - $5
Arcangues - $269.20
Pick 3 - $10,669 which was almost 4x the parlay. Arcangues was 133-1 in the win pool but over 500-1 in the pick 3 pool.
Basically, pick 3's are great value.
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Agreed with the last sentence. It does not however take the Breeders Cup to prove the point. You can probably take any random 63 races around the country any given day and somewhere darn near 90% of the pick 3's will pay more than the parlay and probably at least 1 will be 3 to 4 times the parlay. Also keep in mind that the payoff on the average will be a function of the field size. Most BC races historically are full fields (12 horses). 12x12x12=1728 possible combination with a 25% takeout is about $1300, 11x11x11 = $1000.