Bet more than 1 horse to win in a race?

[misscashalot]

Are there conditions that will allow you to make a win bet on more than 1 horse in a race?

[SMOO]

I actually think it's better to bet 2 longshots to win than one to win & place in the long run.

[1st time lasix]

I prefer to make my best choice based on my handicapping opinion with reference to the the odds at hand. If you really think there are multiple horses with suitible overlay odds that can beat today's favorites.....why not use exotics and the win pool? Can't think of a better time to use exactas and trifectas if the fields are large enough. Of course understand that I don't " hedge" many of my plays as a matter of course unless I am alive in a pick three or four with a longshot in.

[misscashalot]

As I understand your answer...you play the board. I do to a great degree. Do you use the place pool as well as the win?

[Tom]

I will play two horses to win, sometime, three, if the odds let me.
I like to play one unit win three units place on 9-2 or higher.

[maxwell]

Odds.

If your bottom line is 7/1 and you have three horses that you like, they would have to be at least 9/1 to play them all. I come across many races where I have two and even three picks in a race, but it's rare to get the required odds to pull the trigger - but I wouldn't hesitate.

[john del riccio]

I will play two horses to win, sometime, three, if the odds let me.
I like to play one unit win three units place on 9-2 or higher.

Tom,

I got that stragedy from Tom Ainsle many moons ago but had a hard time following it. My POP used to bet like that and he did well.

John

[ranchwest]

I once saw a six horse race where the odds on favorite looked very phoney. The next horse was about 6/1. I got shutout, but I was going to pull the ALL. It took me too long to realize that I didn't need to find one horse to beat the favorite, take them all. The winner was 19/1.

[misscashalot]

I once saw a six horse race where the odds on favorite looked very phoney. The next horse was about 6/1. I got shutout, but I was going to pull the ALL. It took me too long to realize that I didn't need to find one horse to beat the favorite, take them all. The winner was 19/1.

It seems that all replys here about betting more than 1 to win in a race locks on to non-favorites. If the top 2 bet choices in a 7 bet entry race were 2-1 each, and you couldnt see anyone beating either who you couldn't separate, would you bet both and accept an roi of + 50%?

[ranchwest]

It seems that all replys here about betting more than 1 to win in a race locks on to non-favorites. If the top 2 bet choices in a 7 bet entry race were 2-1 each, and you couldnt see anyone beating either who you couldn't separate, would you bet both and accept an roi of + 50%?

I'm generally shying away from those situations. I try to ask myself if I'm going to find better opportunities or is this a better than average opportunity? Generally, I'd tend to think that there would be better situations than what you describe.

On the other hand... How much money do you need to take down? How much are you thinking is a good bet on the race? Do you need to win to maintain your optimism and/or peace of mind? Do you need money now? Can you wait for a better opportunity? I guess you need to evaluate such questions on your own.

[betovernetcapper]

It would be ok if you were certain of getting 2-1 on the winner, but it's not uncommon for a horses odds to drop a point or more very late. That doesn't leave you much margin for error. I'd only consider this on the exchange.

[Tom]

John, re: Tom Ainsle.
That's were I got it too.;)

[Richard]

Personally,I've found that going by the Dick Mitchell definition for a contentous race(where your top pick has 5% or less better chance to win than your second pick in accordance with your program/home made betting line)seems to work for me.Of course,both horses must be overlayed.

[xciceroguy]

I think i understand the thought process here but...........If you bet three horses in the same race you are guaranteed to lose at least two. Unless theres a dead heat. You would need to bet horses that are 2-1 just to break even. Unless you bet horse's that are better than 2-1 i don't think it's worth it. I say just bet your best pick and hope it goes off at a good price or just stay off the race. I always need to get triple my money back to bet a horse to win.

[Greyfox]

I will play two horses to win, sometime, three, if the odds let me.
I like to play one unit win three units place on 9-2 or higher.

Tom, while I would never agree with you on how many Iraqi's should have been
knocked off, you and I are in absolutely in line on how to play the ponies on this one. Good suggestion.

[ranchwest]

I think i understand the thought process here but...........If you bet three horses in the same race you are guaranteed to lose at least two. Unless theres a dead heat. You would need to bet horses that are 2-1 just to break even. Unless you bet horse's that are better than 2-1 i don't think it's worth it. I say just bet your best pick and hope it goes off at a good price or just stay off the race. I always need to get triple my money back to bet a horse to win.

I bet 3 horses one night and hit a 25/1. Seemed like a good bet to me.

[samyn on the green]

Dutching horses to win has a bad rap, I feel it is a great move when the situation is ripe for a pace collapse upset. Dutching becomes part of my game when a race is contentious with a huge field. When there is a 10, 11 or 12 horse field with 5 or more need the leads types I will bet 2 closers that figure if I can get at least 8-1 on both horses. For a while dutching horses bothered me as the arrogant bastard inside of me wanted to take the plunge on one of the horses and be right each time. This arrogant attitude is not a good position for long term success. I learned to tame my instinct, and swallow my pride a bit.

[spilparc]

I know a professional gambler (one of the best in the world and also one of the smartest) who routinely bets 2, 3, and 4 horses to PLACE.

I asked him about this one day and he simply said,

"Would you have me NOT make a profitable bet?"

BTW, he never opened a racing form.

[JPinMaryland]

Is there a world series of gambling? A Watchmaker list of top professional gamblers?? I mean how do you know he's one of the "best in the world?"

[spilparc]

Is there a world series of gambling? A Watchmaker list of top professional gamblers?? I mean how do you know he's one of the "best in the world?"

I know this because . . . I've been a professional gambler for over 30 years (no, I'm not one of the best), and during that kind of time span you get to know, associate and become familiar with the works, knowledge and reputation of like minded people.

Suffice it to say he has a brilliant mind, has authored many books, and is very well respected in his field.

When he talks...people listen.

And more often than not, they have to pay to listen.

[Richard]

While I understand your wanting to protect your associates' privacy and/or anonymity,it'd still be mighty interesting to know who you're talking about.

[xtb]

Jars (http://www.sportsbettingacumen.com/forum/pop_profile.asp?mode=display&id=40)


13 Posts

http://www.sportsbettingacumen.com/forum/icons/icon_posticon.gifPosted - 03/10/2006 : 09:45:43 http://www.sportsbettingacumen.com/forum/icons/icon_profile.gif (http://www.sportsbettingacumen.com/forum/pop_profile.asp?mode=display&id=40) http://www.sportsbettingacumen.com/forum/icons/icon_privatemessage.gif (http://www.sportsbettingacumen.com/forum/privatesend.asp?method=Topic&mname=Jars) http://www.sportsbettingacumen.com/forum/icons/icon_reply_topic.gif (http://www.sportsbettingacumen.com/forum/post.asp?method=TopicQuote&TOPIC_ID=52&FORUM_ID=4) (Post #1)


Can you bet the horses online? If yes, all tracks or only a select few? Where do you do this? What are the best sites? Does they pay track odds? Are their rebates, rakeback or bonuses available? Can you watch the races live online as well?

I seem to remember a place called You-Bet. Are they still in business?

All help appreciated.

Thanks.

[SMOO]

Is there a world series of gambling? A Watchmaker list of top professional gamblers??

If it was a Watchmaker list most of the guys would either be retired or dead.

[ryesteve]

I know a professional gambler (one of the best in the world and also one of the smartest) who routinely bets 2, 3, and 4 horses to PLACE.

I asked him about this one day and he simply said,

"Would you have me NOT make a profitable bet?"

BTW, he never opened a racing form.
My two thoughts to this are, I'd love to see the math behind this "profitable" strategy... and to do it with no handicapping? If only the game was that easy for everyone...

[xciceroguy]

Jars (http://www.sportsbettingacumen.com/forum/pop_profile.asp?mode=display&id=40)


13 Posts

http://www.sportsbettingacumen.com/forum/icons/icon_posticon.gifPosted - 03/10/2006 : 09:45:43 http://www.sportsbettingacumen.com/forum/icons/icon_profile.gif (http://www.sportsbettingacumen.com/forum/pop_profile.asp?mode=display&id=40) http://www.sportsbettingacumen.com/forum/icons/icon_privatemessage.gif (http://www.sportsbettingacumen.com/forum/privatesend.asp?method=Topic&mname=Jars) http://www.sportsbettingacumen.com/forum/icons/icon_reply_topic.gif (http://www.sportsbettingacumen.com/forum/post.asp?method=TopicQuote&TOPIC_ID=52&FORUM_ID=4) (Post #1)


Can you bet the horses online? If yes, all tracks or only a select few? Where do you do this? What are the best sites? Does they pay track odds? Are their rebates, rakeback or bonuses available? Can you watch the races live online as well?

I seem to remember a place called You-Bet. Are they still in business?

All help appreciated.

Thanks.


tvg.com is one choice.

[kenwoodallpromos]

If you are playing % you bet however many are overlays; bet none if no overlays.

[JohnGalt1]

While I prefer to find and bet one horse, I will split my bet 50-50 if I like like two horses equally. But the odds have to be at least a combined 8-1. (ex. 5-1 and 3-1.)

If I like one horse a little more I'll bet my favorite with 60% of my win bet and my second choice with 40%.

[thelyingthief]

if i'm in a panic, and can't seem, for the life of me, to peg a winner, i will bet the entire field.

the original speedboys, who timed horses and splits long before beyer, and pittsburg phil, to drop a couple of names, dutched.

[thelyingthief]

dutching is most often questioned by those who lack an understanding of "the velocity of money".. you can put more money into action backing two or three selections, because you have a greater win percentage, albeit at a lower mutual. your optimal betting advantage expands. check out pasquali's "Optimal Betting", or Mahl, or Mitchell, for a less rarified presentation.

moreover, it can be shown that dutching is to wagering, what portfolio theory is to investment: a way of giving up a little to gain a lot. usually, horse-players approach wagering from the other angle: they happily give up a lot to gain a little. basically, the argument rests on the fact that, for the same ROI, less volatility results in a greater growth multiple. consequently, a lower ROI can out perform a higher ROI if it is a more stable vehicle.

an investor also has alternatives in what risk he is willing to accept: this is achieved by blending volatilities. win betting is less volatile, dutching is even more stable, exotics are more volatile, etc. the overall mix and percentage of bankroll exposed results in greater or lesser ROI's with a corresponding mirror effect in stability and safety.

Knowing your wagering history is obviously of central importance here.

i wouldn't ask around about these things unless you KNOW what your win %, ROI, etc IS. you cant establish anything without the history.