Place Vs. Fave/Long Exacta Running Tab

[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?