Betting 101
Horse Racing Carryovers
Mandatory Payouts
When it comes to betting horses and wagering, some players now concentrate most of their efforts on horse racing carryover wagers given that the potential payout can be huge, sometimes even life changing. Because of how this type of wager works, jackpot style pools like the pick 6 carryovers are created and the figures can be in the hundreds of thousands, or even millions at certain tracks.
What are Horse Racing Carryovers and Guaranteed Pools?
When a certain wager type is offered, occasionally there is no winner of the race or races within the pool that day and so a carryover is needed. All money in the original pool is carried over to the next designated race or meet the following day.
Often multiple carryovers happen especially when there have been some surprise results on the track, meaning the figures can reach millions of dollars. These carryover pools are now a huge draw for bettors around the country and are growing all the time as a result.
Some carryover pools now are more or less specifically designated to create multiple payouts and, if they are still not won over course of time, mandatory payouts at the end of a meet are generated meaning everyone gets a slice of the action.
On What Bets Do Carryovers Occur in Off-Track Betting?
Any multiple or jackpot bet that creates a betting pool can be carried over when not won on the day, these wager types being the most popular right now:
Pick 4
This type of wagering involves four pre-selected races on a given track date. The task is to pick a horse in each of the four races and if they all win, so do you! You can select more than one horse in each race but remember that the ticket will then cost you more.
Along with the Daily Double where this bet has its roots, it is one of several exotic bets that have become increasingly popular with horseplayers and now has even more variations.
Pick 5 and Pick 6 Carryover
Just like the above Pick 4, except things get really hard with players expected to pick the winners of five or even six races on the same track date. If nobody selects all of the winners in these bets, the money then carries over to the next day’s racing where more Pick races are chosen and when this involves the major tracks, pools can be well over $1million.
Some players have been known to choose every single horse in the last race of the bet to be sure, but this way of boxing your bet will mean your ticket costs a fortune so remember to balance your winning chance with the cost of the wager.
Pick 5 or 6 Jackpot
Known in some circles as the Rainbow Pick 6, this wager involves similar rules to the normal pick 6 etc however this time the aim is to be to be the only player with the correct combination of winners. The most popular Rainbow Pick 6 pools are at Gulfstream Park and Santa Anita.
Super Hi 5 Jackpot
Otherwise known as the Pentafecta, the Super Hi 5 Jackpot means you have to correctly predict the first five finishers in a race in the correct order to win. This wager is popular with standardbred fans in harness racing specifically, with jackpots there having been known to reach $1million.
Apply Your Knowledge
If you’re ready to hit it big with TVG’s Carryovers, be sure to register for an account and take advantage of our generous sign up bonuses. If you’re looking for more information about horse racing before you hit your big score, be sure to check out our how to bet on horses guide.
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If you don't win your first single-horse win betWhen it comes to betting horses and wagering, some players now concentrate most of their efforts on horse racing carryover wagers given that the potential payout can be huge, sometimes even life changing. Because of how this type of wager works, jackpot style pools like the pick 6 carryovers are created and the figures can be in the hundreds of thousands, or even millions at certain tracks.
What are Horse Racing Carryovers and Guaranteed Pools?
When a certain wager type is offered, occasionally there is no winner of the race or races within the pool that day and so a carryover is needed. All money in the original pool is carried over to the next designated race or meet the following day.
Often multiple carryovers happen especially when there have been some surprise results on the track, meaning the figures can reach millions of dollars. These carryover pools are now a huge draw for bettors around the country and are growing all the time as a result.
Some carryover pools now are more or less specifically designated to create multiple payouts and, if they are still not won over course of time, mandatory payouts at the end of a meet are generated meaning everyone gets a slice of the action.
On What Bets Do Carryovers Occur in Off-Track Betting?
Any multiple or jackpot bet that creates a betting pool can be carried over when not won on the day, these wager types being the most popular right now:
Pick 4
This type of wagering involves four pre-selected races on a given track date. The task is to pick a horse in each of the four races and if they all win, so do you! You can select more than one horse in each race but remember that the ticket will then cost you more.
Along with the Daily Double where this bet has its roots, it is one of several exotic bets that have become increasingly popular with horseplayers and now has even more variations.
Pick 5 and Pick 6 Carryover
Just like the above Pick 4, except things get really hard with players expected to pick the winners of five or even six races on the same track date. If nobody selects all of the winners in these bets, the money then carries over to the next day’s racing where more Pick races are chosen and when this involves the major tracks, pools can be well over $1million.
Some players have been known to choose every single horse in the last race of the bet to be sure, but this way of boxing your bet will mean your ticket costs a fortune so remember to balance your winning chance with the cost of the wager.
Pick 5 or 6 Jackpot
Known in some circles as the Rainbow Pick 6, this wager involves similar rules to the normal pick 6 etc however this time the aim is to be to be the only player with the correct combination of winners. The most popular Rainbow Pick 6 pools are at Gulfstream Park and Santa Anita.
Super Hi 5 Jackpot
Otherwise known as the Pentafecta, the Super Hi 5 Jackpot means you have to correctly predict the first five finishers in a race in the correct order to win. This wager is popular with standardbred fans in harness racing specifically, with jackpots there having been known to reach $1million.
Apply Your Knowledge
If you’re ready to hit it big with TVG’s Carryovers, be sure to register for an account and take advantage of our generous sign up bonuses. If you’re looking for more information about horse racing before you hit your big score, be sure to check out our how to bet on horses guide.