Place Vs. Fave/Long Exacta Running Tab

[ArlJim78]

Originally Posted by SentToStud

Like others, I also appreciate this thread and I'm interested to see if the results confirn what I believe.

My spin for "round 2" would be to drop the favorite from the exacta and study two $1 exactas using the 10-1 under the 2nd and 3rd favorites. In theory (and application, I believe) the 10-1 would be attractive at that price and playable due to the favorite being a percieved bad chalk.

But I'm still very interested in seeing the outcome. Thanks to all working on this.

this is the approach I take, especially with larger fields.

[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?

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?

[Grits]

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?

Yep, still confused.

[Payson Dave]

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)

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?

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]

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]

Thought so, Thanks!!!

[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.

[blackthroatedwind]

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]

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