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-   -   Place Vs. Fave/Long Exacta Running Tab (http://www.derbytrail.com/forums/showthread.php?t=10605)

Grits 03-08-2007 09:25 AM
Quote:
Originally Posted by estreetposse
You are both betting $2 on a 10-1 horse to WIN. For s**ts and giggles, let's call him the 10 horse.

Now one of you is also betting $2 to place on the 10,

and the other is betting a $2 exacta: Favorite/10

Is this correct or am I still confused from reading this 3x?:confused:
Yep, still confused.

Payson Dave 03-08-2007 09:31 AM
I'm pretty sure that your understanding of the question is correct...now we need to see which strategy is better...(makes you more money)


Quote:
Originally Posted by estreetposse
You are both betting $2 on a 10-1 horse to WIN. For s**ts and giggles, let's call him the 10 horse.

Now one of you is also betting $2 to place on the 10,

and the other is betting a $2 exacta: Favorite/10

Is this correct or am I still confused from reading this 3x?:confused:

If you both like the 10, why not take another $2 to put on top o' the fav.
I know its Monopoly $$$ on here but what would you do in the real world?

estreetposse 03-08-2007 12:29 PM
Quote:
Originally Posted by DaHoss9698
No the original arguement was what was a better strategy in betting. Say you like a horse 10-1. Will you make more money over time betting the horse to win/place, or betting the horse to win and then betting the horse underneath in an exacta with the favorite in the race.

So if I make these bets every race over the course of the meet, Which bet will turn the highest $$$?

estreetposse 03-08-2007 12:43 PM
Thought so, Thanks!!!

:)

SniperSB23 03-08-2007 02:16 PM
Sorry if I missed this but how are you handling cases when the top two horses are both over 10-1? Are you counting the place money for both horses and counting it as two races in the sample? Presumably the best place payouts for a longshot will occur when another longshot is in the top two with it.

blackthroatedwind 03-08-2007 02:24 PM
Quote:
Originally Posted by SniperSB23
Sorry if I missed this but how are you handling cases when the top two horses are both over 10-1? Are you counting the place money for both horses and counting it as two races in the sample? Presumably the best place payouts for a longshot will occur when another longshot is in the top two with it.

Yes...any horse that is over 10-1 and finishes first or second counts. There are two possible examples in any race.

randallscott35 03-08-2007 05:01 PM
DAY ONE MARCH 8, 2007

Gulfstream: Race 6-- Grits: 24.40 RS: 31.80
Race 8-- Grits: 39.80 RS: 50.00
Race 9-- Grits: 38.20 RS: 55.00

Aqueduct: Race 1-- Grits: 14.00 RS: 6.50
Race 7-- Grits: 36.60 RS: 48.80

Santa Anita: Race 5--Grits: 26.60 RS: 37.80

DAY ONE FINAL: Grits- 179.60 RS: 229.90
Total Races: 6

paisjpq 03-08-2007 05:23 PM
Quote:
Originally Posted by randallscott35
DAY ONE MARCH 8, 2007 Mods you can now move this to the Contest Forum--Thank you
thanks for the permission there chief...you might want to ask me nicer in future.

randallscott35 03-08-2007 05:24 PM
Quote:
Originally Posted by paisjpq
thanks for the permission there chief...you might want to ask me nicer in future.
Huh, I thanked the mods on the front end and the back end of the thread. VT cold getting to you.

paisjpq 03-08-2007 05:25 PM
Quote:
Originally Posted by randallscott35
Huh, I thanked the mods on the front end and the back end of the thread. VT cold getting to you.
saying thank you does not mean that the order wasn't a tad on the rude side.

randallscott35 03-08-2007 05:27 PM
Quote:
Originally Posted by paisjpq
saying thank you does not mean that the order wasn't a tad on the rude side.
You have to be kidding me, but I didn't mean it that way at all.. Leave it in the Paddock then, I was simply moving it so it didn't clutter up the main board. Jesus people are touchy on this board. WTF

Antitrust32 03-08-2007 05:44 PM
counting the win bets takes away from this report in my opinion.

should just be

$2 Place vs $2 Straight exacta (fav over the 10-1 and over shot)

randallscott35 03-08-2007 05:45 PM
Quote:
Originally Posted by Antitrust32
counting the win bets takes away from this report in my opinion.

should just be

$2 Place vs $2 Straight exacta (fav over the 10-1 and over shot)
Anti, that's what it is. They cancel each other out. I'm just using both to give an accurate representation of the total you would get back had you done 2WP vs. the other way.

Antitrust32 03-08-2007 05:49 PM
Quote:
Originally Posted by randallscott35
Anti, that's what it is. They cancel each other out. I'm just using both to give an accurate representation of the total you would get back had you done 2WP vs. the other way.

thats fine.... you are off to a good start

randallscott35 03-08-2007 05:51 PM
Quote:
Originally Posted by Antitrust32
thats fine.... you are off to a good start
Maybe, I actually think I'm going to lose. Watching some of the probables in exacta payouts, it will be close. Not nearly as confident as yesterday. Grits and I have a small wager on this to be paid up in Toga. As Beth and Kev can attest, whenever I bet one person I lose.

Antitrust32 03-08-2007 05:55 PM
yeah, i personally feel that you will lose.. no offense ;)

but you got off to a good start!

Antitrust32 03-08-2007 05:56 PM
but hey... win or lose this is still very informative and maybe will change the way you wager to get a better ROI

randallscott35 03-08-2007 05:56 PM
Quote:
Originally Posted by Antitrust32
yeah, i personally feel that you will lose.. no offense ;)

but you got off to a good start!
None taken. LOL, its for fun after all.


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