Billy Walsh apparently thinks so... a triple pick can only be used to beat bad players.
https://www.warlight.net/Forum/4999-old-triplepick?Offset=02 I used this exclusively whenever it was possible. After the weakness was pointed out to me (that it's easy to break/be counter picked etc) I've come to the realization that it's probably a bad strategy against good players. Anything you gain by getting the first bonus slightly faster is lost by having all of your boni concentrated in one area and if you simply fail to get one of your picks, you are often screwed.
It's still fun against bad players though, who you can beat anyway even if they somehow figure out where you are or something. - Billy Walsh