Max bet amount in pick 3 or pick 4

[srdnaty]

Whats the max bet one should make on a pick 3 or pick 4 ticket? i'm guessing some use a % of the pool?

p.s. not talking combinations.

[Hajck Hillstrom]

......but an even more interesting caveat.

Are you asking how much on a cold (1x1x1) play? If so, I have no idea.

My tickets are always predicated on the number of viable contenders, and the cost is ultimately determined by the number of singles.

I will play multiple tickets keying certain horses, and if the keys win, I will hit multiple tickets. I think the most Pik4 tickets I've cashed in a single sequence is 5, and the investment was $144.

[srdnaty]

Heres where I'm going with this. If you bet $1 pick 3 and hit you are a very small part of the pool. If you bet the same pick 3 as above and you played $100 pick 3 how much would your ticket alone shrink the payout? At some point you will just be paying yourself for the most part... correct?

[singunner]

Just break everything down so it's as simple as possible.

Pool size (after takeout): $10,000

100 people hit it, plus your winning $1.00 bet.

You receive $99.00. That's 99 times your original bet.

100 people hit it, plus your winning $100.00 bet.

You receive $5,000. That's 50 times your original bet.

10 people hit it, plus your winning $1.00 bet.

You receive $909.09. That's 909.09 times your original bet.

10 people hit it, plus your winning $100.00 bet.

You receive $9090.90. That's 90.90 times your original bet (1/10th the ROI of your similar $1.00 bet).



Everything depends on the variables. If you are betting on a longshot, it's best to keep your wagered money low, to avoid causing waves. If you're betting on a sure thing, increasing the amount wagered will cause a relatively smaller impact.

It's the same concept as with any other type of bet.

[InsideThePylons-MW]

Whats the max bet one should make on a pick 3 or pick 4 ticket? i'm guessing some use a % of the pool?

p.s. not talking combinations.

P-3 2%-3%

P-4 3%-5%