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-   -   CRIST: Super Hi-5 Structuring; NEW: Intro to Exotic Bets (http://www.derbytrail.com/forums/showthread.php?t=22287)

Kasept 05-08-2008 07:53 AM

CRIST: Super Hi-5 Structuring; NEW: Intro to Exotic Bets
 
Thanks to Steve Crist's CristBlog...

Boxes

12-horse box: $95,040
11-horse box: $55,440
10-horse box: $30,240
9-horse box: $15,120
8-horse box: $ 6,720
7-horse box: $ 2,520
6-horse box: $ 720
5-horse box: $ 120

Keys

Key 1 on top of 11: $7920
Key 1 on top of 10: $5040
Key 1 on top of 9: $3024
Key 1 on top of 8: $1680
Key 1 on top of 7: $ 840
Key 1 on top of 6: $ 360
Key 1 on top of 5: $ 120
Key 1 on top of 4: $ 24


Some of Crist's further thoughts on options for Hi 5 plays (12 horse field)...


1) A key to win and a second key to run second or third. Let's say those horses are #1 and #2, and you want to use five other horses underneath. You could do this for $120 by buying the following two tickets:

$1 SHF: 1 / 2 / 3,4,5,6,7 / 3,4,5,6,7 / 3,4,5,6,7 = $60
$1 SHF: 1 / 3,4,5,6,7 / 2 / 3,4,5,6,7 / 3,4,5,6,7 = $60


2) Use three keys -- one must win and the other two must both finish fourth or better. You could do this for $216, using four other horses underneath, as follows:

$1 SHF: 1,2,3 / 1,2,3 / 1,2,3 / 4,5,6,7 / 4,5,6,7 = $72
$1 SHF: 1,2,3 /1,2,3/4,5,6,7 / 1,2,3 / 4,5,6,7 = $72
$1 SHF: 1,2,3 / 4,5,6,7 / 1,2,3 / 1,2,3 / 4,5,6,7 = $72


3) Desperate to hit the all-button for 5th? You could key a winner, with four others in positions 2-3-4, and then roll the dice for fifth as follows:

$1 SHF 1 / 2,3,4,5 / 2,3,4,5 / 2,3,4,5 / ALL = $192

mclem10011 05-08-2008 08:16 AM

Steve......
 
Thanks for posting this, great stuff as always from Mr. Christ!

Bobby Fischer 05-08-2008 08:32 AM

had to print this one out. Thanks

Kasept 05-08-2008 09:26 AM

My pleasure and I'm confident that Crist/DRF wouldn't mind this spread around as it is available in the public section of the paper.

This is the most expansive/detailed discussion/explanation Crist has had of the 5 and as always, his analysis/opinion is invaluable. The bet isn't for everyone, but it's catching on as many thought it would, and will continue to grow in popularity when carry pools like today's come forth. While Magna gets bashed endlessly for many of their follies, they have been very successful creating and implementing new wagers (Hi 5; Magna 5) and deserve credit for it...

pweizer 05-08-2008 09:49 AM

Huge carryover in this bet at Churchill today. Unfortnuately, thanks to the ADW impasse, few can bet it anyway.

Paul

mclem10011 05-08-2008 10:24 AM

Quote:

Originally Posted by pweizer
Huge carryover in this bet at Churchill today. Unfortnuately, thanks to the ADW impasse, few can bet it anyway.

Paul

I know it really stinks!:mad:

jwkniska 05-17-2008 08:31 PM

Quote:

Originally Posted by Kasept
My pleasure and I'm confident that Crist/DRF wouldn't mind this spread around as it is available in the public section of the paper.

This is the most expansive/detailed discussion/explanation Crist has had of the 5 and as always, his analysis/opinion is invaluable. The bet isn't for everyone, but it's catching on as many thought it would, and will continue to grow in popularity when carry pools like today's come forth. While Magna gets bashed endlessly for many of their follies, they have been very successful creating and implementing new wagers (Hi 5; Magna 5) and deserve credit for it...

It makes a great addition to his book 'Exotic Betting', that I was lucky enough to meet and talk with him about at AP.

Alan07 02-16-2011 09:21 PM

New Link:
http://www.drf.com/blogs/superduper-high-five

AGameofSkill 09-10-2012 10:29 AM

Good info and strategies, Steve.

Kasept 03-13-2014 06:29 AM

Steve Crist's "Introduction to Exotic Bets (Hello Race Fans)
http://helloracefans.com/features/le...o-exotic-bets/


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