Quote:
Originally Posted by castaway01
Logic dictates that the "All" is usually a waste of money and "betting on chaos" rather than having an opinion. However, early in my horse racing career I had hit the first two legs of a Pick 3 at decent prices. In the last leg I had 10 of 12 horses. One of the two I didn't have won at 30-1, and the Pick 3 paid $3500 for $1. Considering my income at the time, it definitely made me think.
I think how I saved $12 that day by not going "All" and it cost me several thousand. So, while logic dictates not using All, for peace of mind sometimes you have to do it. Or I do anyway. And let's face it---if you're betting 8 or 9 or 10 of 12 horses, you don't really have an opinion other than that the favorites are trash, so why not go for the All?
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Funny...the exact same thing happened to me. I had left only two horses out of the last leg of a Pick-4, and the ignored horses finished 1-2...triggering a monster payoff. I friend who looked at my racing form and saw the lines across only those two horses thought that I hit the huge exacta. But the experience reinforced my opinion to never use the all-button in the future. With my luck, I was sure that it was a once-in-a-lifetime opportunity...and I missed it. Truth be told, I've used the all-button in a few horizontal bets over the years...hoping to relive that fateful day. Without fail...the favorite won every time.
