11/4 - My Budget - Your Suggestions

[GenuineRisk]

This is a terrific thread-- can it please, after it's run its course be moved to the retired reading board?

Thanks guys; very insightful and I'm learning a lot!

[2Hot4TV]

The real important thing is to not buy any beer at the track. Hide it in your back pack and it will save you $50.

[randallscott35]

Bring more money. Just in case. The best day of racing each year deserves a minimum of a grand to play. Bet between 100-150 each of the first 4 races. Scale back if you hit nothing. Press if you do....There is no second place on Breeders Cup day. You go for it.

[Zaf]

I agree. I like to bet more on BC day because there is potential for huge scores. But unfortunately I haven't had any huge scores on BC day to date. Maybe this year .

[SentToStud]

Originally Posted by randallscott35

Bring more money. Just in case. The best day of racing each year deserves a minimum of a grand to play. Bet between 100-150 each of the first 4 races. Scale back if you hit nothing. Press if you do....There is no second place on Breeders Cup day. You go for it.

What? Why not bring a minimum of $10k on a day like this?

1. Take what you can afford to lose.
2. Bet to win. Or modest p-3's. Or Exacta boxes keying your horse.
3. Don't bet to place or show. Ever.
4. Make sure that you bet the horses you really like to win. You can go 3x3x3 all day long playing p-3s on your dudget, But just make sure that you have the $$ to bet $20 or $30 to win on the two or three horses you like the best on the card.
5. It's a great day of racing, but that doesn't mean you are compelled to play every race.
6. Conversely, don't be scared to toss a few $$ at two or three 20-1+
shots in a few races.

[avance2000]

Originally Posted by SentToStud

Don't bet to place or show. Ever.

this is a pretty good rule in general....but i don't think you should say "ever"

what if you really like a 20-1 horse in a race? don't you think a WP bet is appropriate in that case?

what if perfect drift is in the race? don't you think a $10 place and a $10 show bet is appropriate?

[SentToStud]

Originally Posted by avance2000

this is a pretty good rule in general....but i don't think you should say "ever"

what if you really like a 20-1 horse in a race? don't you think a WP bet is appropriate in that case?

what if perfect drift is in the race? don't you think a $10 place and a $10 show bet is appropriate?

the only time I ever think of betting to place or show is when there is a huge minus pool chalk I think can run out. That's it. But even in these situations, I'd rather play an single race exotic, especially a tri or super, which I only play when I think a bad chalk will run out. If like a horse at odds and don't care for the chalk, I will use my choice second in exactas and tris. I've tracked all my wagers for years and betting to place/show just does not pay due to breakage and takeout. And I'd rather take my chances putting those place or show $$'s on my pick to win or waiting for another race. Just the way I see it. I see your point about Perfect Drift, but so do plenty of other bettors as well so he may well be undervalued in those pools. It's just not for me. But, good luck!!

[brianwspencer]

Originally Posted by SentToStud

the only time I ever think of betting to place or show is when there is a huge minus pool chalk I think can run out. That's it. But even in these situations, I'd rather play an single race exotic, especially a tri or super, which I only play when I think a bad chalk will run out. If like a horse at odds and don't care for the chalk, I will use my choice second in exactas and tris. I've tracked all my wagers for years and betting to place/show just does not pay due to breakage and takeout. And I'd rather take my chances putting those place or show $$'s on my pick to win or waiting for another race. Just the way I see it. I see your point about Perfect Drift, but so do plenty of other bettors as well so he may well be undervalued in those pools. It's just not for me. But, good luck!!

on BC day, there is almost no such thing as bring "undervalued" in a place or show pool unless it's the favorite you're betting on. hell, gorella paid $6.00 to show last year and that was a gimme.

this is the one day all year where i very strongly advocate place and show wagering, especially if you're on a budget. it's the easiest way to make money on BC day, you're not going to make a huge score, but if you're in tune with even half of the day, you'll come out ahead.

[Slewbopper]

[quote=avance2000]this is a pretty good rule in general....but i don't think you should say "ever"

what if you really like a 20-1 horse in a race? don't you think a WP bet is appropriate in that case?

QUOTE]

In that situation I would not bet place. I would bet all exactas with him Maybe box him with 5 others. 10 - $1 bets.

In contentious 12 to 14 horse races (3/1 or better fave), I really think the way to go is boxing 5 horses in the exacta. 20 bets. To break even the payoff has to be $40 ($2). You will see very few exactas under $100 in fields like this.

In races where I really like a horse, I will key them on top in a 5 horse tri box. At Lone Star, I had Ouija (9/10) keyed with 7 boxed behind her in the tri. Cost $42. I left Wonder Again off my ticket because she had the outside post in a field of 12. Could have bumped my ticket to $56, but I was too cheap. Somebody had to go. $2 tri was about 380.

Oh, the heartbreak of almost winning.

[avance2000]

Originally Posted by randallscott35

Bring more money. Just in case. The best day of racing each year deserves a minimum of a grand to play. Bet between 100-150 each of the first 4 races. Scale back if you hit nothing. Press if you do....There is no second place on Breeders Cup day. You go for it.

i just don't agree with that. there is no way you need "a minimum of a grand". $200 to play with is plenty to have a nice mixture of pick-3's and single race bets.
everyone has their own budget.....and not everyone can afford to lose $600 on the first 4 races as you suggest.
but i think where i disagree with you the most is where you say a person should "press" if they start winning. to me that is not sound advice, and a good way to give back the $$ you earned with good capping skills.
stick to your gameplan!
oh and of course.....if you really don't like a race.....don't be afraid to skip it....or just bet $5 on it. Feeling that you must play every race is stupid....especially on bc day. at a normal day at the track....skipping a race is boring b/c you might not want to just sit back and enjoy a $12,000 maiden-claimer.....but if you lay off a bc race.....you can sit back and enjoy the race b/c of who the horses are......and just cheer on your $5 win bet.

[TheSpyder]

Saying how much to bring makes about as much sense as telling me what horse to bet on in each race. We all have our views as well as different financial constraints.

If the author is asking about betting style that's a bit different. I think there's bigger risk BC day because of the long shots but also bigger reward. So you have decide, like poker, which way you want to play. Conservative makes the W,P,S attractive and you have a good chance of coming home with money while being more aggresive < pick 3, means your chances are to come up empty, but you may hit the mother load.

As for me, did I say $200,000, I meant 200,000 lire = $137

[randallscott35]

Originally Posted by avance2000

i just don't agree with that. there is no way you need "a minimum of a grand". $200 to play with is plenty to have a nice mixture of pick-3's and single race bets.
everyone has their own budget.....and not everyone can afford to lose $600 on the first 4 races as you suggest.
but i think where i disagree with you the most is where you say a person should "press" if they start winning. to me that is not sound advice, and a good way to give back the $$ you earned with good capping skills.
stick to your gameplan!
oh and of course.....if you really don't like a race.....don't be afraid to skip it....or just bet $5 on it. Feeling that you must play every race is stupid....especially on bc day. at a normal day at the track....skipping a race is boring b/c you might not want to just sit back and enjoy a $12,000 maiden-claimer.....but if you lay off a bc race.....you can sit back and enjoy the race b/c of who the horses are......and just cheer on your $5 win bet.

Hey I have no problem with everyone having their own budget. But this is a day to go for it. And when I say press, I'm not saying to piss your money away on the next few races, but increase the % bankroll on exotics....I think every race you can make money on, even a chalky race with exotics. Therefore, there are no races I skip on BC day.