Quote:
Originally Posted by thaskalos
IMO...the exotics wagers are as popular as they are NOT because the betting crowd is in search of the "life-changing score"...but because most horseplayers lack the knowledge/conviction that it takes to reduce one's betting opinion to a single horse. People bet the exotics because that's where they find the "safety" that they think their lack of knowledge/conviction requires. If all the bettors were somehow forced to make only win-bets...then they would pass on at least 50% of the races that they normally bet on.
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Has little to do with lack of knowledge/conviction. It's more like not wanting to wait 30 minutes between races to bet $10 on a 2-1 horse to win. Call it the excitement factor.
If a bettor is skilled/lucky enough to find an overlay they should look to exotics to get maximum leverage.
