Thread: Factor X
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Old 09-01-2008, 01:03 AM   #9
Turbulator
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Join Date: Mar 2006
Posts: 467
Quote:
Originally Posted by lsosa54 View Post

The exacta was 31.90, the tri 240.10 and the super 1203.80, but I'm just not comfortable branching out yet. Like "Capper" in the last phase of the Follow Ups, I'm trying to concentrate on win betting and profit.
That's a good decision. Most handicappers make the fatal error of spreading out all over the place with gimmick bets. That was a major leak of mine back in the day.

They will look at the exacta payoff and say to themselves, "man, I could have had that. Those were MY two horses!" But gamblers use selective reasoning. We often fail to take into account all of the times that we would have missed--and what that would have cost us. This is where record keeping comes in, and why you must keep detailed, accurate records. The numbers don't lie. All you have to do is take a look at the bottom line once in a while to bring yourself back to reality.

Master win betting first. If most people followed those four words their results would improve dramatically.

Exacta wagering will never go away, and will always be there to learn. I'm an exacta player from way back, but I'm on the same page as you. When I feel I'm a first class win bettor then, maybe, I'll attack the exacta. There is good profit in the exacta, but it requires a different way of thinking about things--a different mindset. You'll have longer dry spells. The second best win bet is rarely (although not always) the best place horse. In a sense, exacta wagering could be summed up as "Place Win Betting." Think about it. That's a tough proposition.

If the time comes where you become an excellent place horse picker, you then have to spend a lot of time thinking about bet construction. It's vital to properly construct your wagers, and the way to do that is to give a lot of thought to all of the possible combinations and scenarios that can take place--what they will cost--and how much you want to spread your money around. It's not as easy as it looks. It's much more difficult than just going to the window and getting a three-horse exacta box. There will be many times when you have to be willing to make "cold" exacta wagers and just go with the outcome.

The exacta wager provides great leverage, but you have to be very careful that you don't get "leveraged" out of your money.
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