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Old 10-11-2006, 01:07 PM
philcski's Avatar
philcski philcski is offline
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Join Date: Jun 2006
Location: Mission Viejo, CA
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Quote:
Originally Posted by blackthroatedwind
I do want to say that I agree with the other part of your post but this statement is completely false. " value " in wagering is totally unrelated to whether or not you win or lose. As the simplest example, if you give me 2-1 on heads coming up in a coin flip, even if it's tails, I made a value bet. The point of " value " is that, assuming you truly have it, over time you WILL make money and individual events are irrelevent.
The problem most people face is the number of trials... they either (a) don't have the proper bankroll for the number of trials required, or (b) don't play enough races WITH an advantage versus WITHOUT (myself included.)

90% of people that go to the track don't understand this concept anyways. A couple times a day at tracks with solid but lesser handle (Monmouth, Md, etc.) you'll see an exacta combination wayyyyy overbet leaving opportunity in other probable combinations. I'll say i'm betting the 5-6 combo even though i don't necessarily prefer either of them over my selection because the exacta's paying $50 for a buck when it should be $15. It invariable the comment comes up following, "well if you don't like them, why bet them??"
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