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Las Vegas handicapper turns $2 into $315k

Christmas came early to one Las Vegas horseplayer at The Orleans race book. On Dec. 22, the unidentified person wagered a $2 Black Gold Pick 5 ticket on the Fair Grounds simulcast and won $315,119.


Now that's the definition of betting a little to win a lot.


The beauty of constructing such a small ticket to win a large amount is worth sharing with you. The Pick 5 bet minimum is 50 cents, which more racetracks are doing to allow average Joes such as me and you to participate.


The Black Gold has a unique twist in which the entire pool is paid out only if there is one winning ticket. On days when many win the Pick 5, half the money is distributed, and the other half goes into a carryover pool.

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Older Comments about Las Vegas handicapper turns $2 into $315k...

What a GREAT story. It gives all of us that play this very tough game a glimmer of hope.
That's what I call a positive ROI.

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