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Monday, January 17, 2005

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Betting the Ponies

Do Not Bet Trifectas

I do not bet trifectas. If only one horse is a stand-out, I’ll spread my bets over win and place. If I like a horse to win, I sure think he’ll place. Watching the tote board allows me to spread my bets, so as to take advantage of the odds.

I will bet less win and more place on a 5-1 or higher horse. If my choice is anywhere from 4-5 to 9-2, my bulk of the bet will be on the win, with the place as a backup. When a horse drops under 4-5, I pass, as the value of the bet has decreased.

If I lose on that sixth race, I revert to the $40 predetermined amount on the next race.

Is there a need for money management at the races? Is there a need for water in the desert?

Previous page: High-Claiming and Allowance Races

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