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Originally Posted by AeWingnut
it's a little late to ask but
I actually have the first 2 legs of a pick 3,4
(at Hollywood)
and now that I look up and see all the short odds on horses I don't have
I was wondering how you guys back up your bets
maybe I'll learn some day
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If you can buy tickets that lower your risk or better yet ensure a profit, that is called a hedge. Tough to do with longshots on your ticket and favorites uncovered.
Sometimes if I have a favorite to beat in an early or middle leg (or a single on a very light ticket), I will purposely buy the 2 or 3 favorites in the last leg. That way if I am correct and alive going into that last leg, I can hedge for a profit more easily. You miss out on the huge payouts occasionally but have less risk.