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A pick 6 is a type of wager offered by horse racing tracks. It requires bettors to select the winners of six consecutive races. Because of the great difficulty in picking six straight winners, plus the number of betting interests involved, payoffs for successful wagers are quite high, sometimes in the millions of dollars.
For example, a wheel bet of "3-all" in a given race picks the #3 horse to win, and any other horse in the field to finish second (each permutation being a single bet - thus, in this example, if there are 5 horses in the field, a "3-all wheel" would 4 bets). Quinella or Quiniela: [a] the bettor must pick the two horses that finish first and ...
This unanticipated victory made Davis the sole winner of the Pick 6 jackpot. Eventually, Harn, Davis and DaSilva entered pleas of guilty. The incident was the largest betting scandal to take place in the United States in a century. It also exposed serious security flaws in the system used to collect bets for horse races.
A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...
When computer technology took over, more exotic wagers were introduced, such as the trifecta, superfecta and "pick 6". The higher payouts for these wagers tended to diminish interest in the daily double, but it is still offered, sometimes more than once during a program. "Pick 3" and "pick 4" wagers are derived from the daily double.
Pick 6 may refer to: Pick 6 (horse racing), a wager in which a bettor picks one horse in each of six races; Pick 6 (lottery), a game in which six numbers are picked; Pick-six, an interception returned for a touchdown in gridiron football "Pick Six", a ranking system used by Ring of Honor to determine championship contenders
Behind the betting windows at Ascot racetrack, Australia February 1939. An automatic totalisator is a device to add up the bets in a pari-mutuel betting system. The whole of the pot (the stakes on all competitors) is divided pro rata to the stakes placed on the winning competitor, and those tickets are paid out.
Due to the imprecise nature of the name (as opposed to other bets such as the trifecta), superfecta bets can sometimes require selecting more than four horses. For instance, the New South Wales TAB in Australia previously offered a superfecta bet on selected races requiring bettors to pick the first six finishers in the correct order, rather ...