Pick
Four horses in the exact 1-2-3-4 order
Minimum ticket
$0.10 (most tracks)
Scope
One race
How it works
The lottery ticket of horse racing. Hitting one is a story — payouts can clear $10k for a $1 ticket on a chaotic Derby. The 10-cent minimum at most tracks lets recreational bettors take a shot without risking much.
Where to bet
US pari-mutuel wagering happens through licensed operators. TVG (FanDuel-owned) and TwinSpires (Churchill Downs) are the two largest dedicated US racing platforms. Caesars and DraftKings also offer horse racing in licensed states.