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Originally Posted by cal828
I agree with you on the vertical plays. I haven't played that many horizontal plays and so I can't say that I took a bath on them, but reading Crist's book that Steve (Byk) was kind enough to send me, convinced me that playing pick 3s and 4s with an insufficient bankroll is as foolish as playing pick 6s without enough cash invested. I will stick to the exactas and tris in the coming year because those are the bets that I think I can afford. I really don't know exactly how much I lost this year. My guess would be somewhere between $500 and $1000. Might be interesting to know. I think I will put out a greater effort to keep track of my bets in the coming year.
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While I would certainly agree one needs a large bankroll to play the Pic 6, I think its debateable for the Pic 4 and downright wrong to assume large capital is needed to play the Pic 3. I've hit some nice scores over the years on simple 2x2x2 tickets or 3x3x1 or 4x2x1 P3 tickets where I threw some favorites out. I think you need a reasonable, but not giant bankroll to realistically play the P4. I also believe it helps to have one single or have two legs where you go no deeper than 2 horses. Are you going to hit every time? Of course not. And there's going to be some P4s that you really don't want.
One big difference between the P3 and P4 is that most tracks allow you to roll the P3s. If you are dead after leg 1; no big deal, you just start a new ticket. But people feel a need to "stay alive" in the P4 and probably go too deep in the early legs, just to insure they're alive.