50 Cents Pick-5 Pays $525,000 at Gulfstream Park

A bettor who put down 50 cents on an early Pick 5 Saturday at Gulfstream Park in Florida won nearly $525,000 after three of the five winners were severe longshots. Fans weren’t in attendance Saturday at Gulfstream Park in Florida, but one remote bettor was made a very wealthy […]

Saturday’s massive win was the fifth-highest Pick 5 win in North America history. That’s according to Ed DeRosa of brisnet.com, a horseracing information network owned by Churchill Downs in Kentucky.

The record Pick 5 payoff was for $889,726.15 when someone hit the jackpot on August 9, 2013, at Louisiana Downs,” DeRosa said. “The record non-jackpot Pick 5 payoff was $620,827.87 on 2018 @kentuckyderby day. Four people hit that.”

A pick five wager requires selecting the winners of five consecutive races to hit the jackpot.

“Winnings on Pick Five bets are determined by the parimutuel system where all the winning tickets share the pool of money collected (less the money the track takes as commission),” Bet America explains.

As for Saturday’s fortunate customer, his $524,966.20 win on a $0.50 wager equates to traditional sports betting odds of 1,050,000/1.

Share this with your horse racing friends

Got Rebates? Or do you just get points that add up to little?

Got Rebates?
reCAPTCHA is required.

Sign up for the AGameofSkill.com e-news



About Editor

Rich Nilsen is a 17-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He cashed on the 2018 NHC Tour with a 19th overall finish. Rich was also a winner of a $24,000 package into Kentucky Derby Betting Championship I. A former executive with Brisnet.com, Rich is a graduate of the University of Louisville Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More in Kentucky Derby | Triple Crown
Horse Racing to Continue in Florida Despite…

Gov. DeSantis Issues Stay Home Order to Curb COVID-19 Spread effective Friday 4/3 One business, though, that won’t be affected...

Close