Quote:
Originally Posted by pic6vic
This is what I do not understand about playing the pick 4. This ticket cost $36 yet his best bet is the #9 in the last leg and that combination only cost $12 if singled. This is the best bet but then you musy lay out another $24 to play the pick 4. I do not understand the rational of this wager. can anyone explain spending double the amount against you best bet.
Thanks
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I'm no expert, but I'll give you my opinion. If you look at playing a horse just to win, you obviously should be looking for value, not just trying to hit the winner. On the other extreme, usually (I know you always want value), when you are playing the pick 6, you are trying to just hit it with one ticket.
My opinion is that playing the Pick 4, with it falling somewhere in the middle, is a balancing act. I often play the pick 3s using a key horse method, where I have a key in each race, and play him with the contenders in the other legs. So if you have 3 contenders in each leg, the ticket costs 27 for 1, the same as playing a 3x3x3 ticket, but if your stronger opionions win, you can hit it multiple times, thus getting more value for your picks. For me, I sometimes play the pick 4 this way, and sometimes play the "just hit it" ticket. It really depends on the strength of my opinions and how I project the public to act. If your best bet of the day is a 25/1 horse, then you really just want to hit the other legs. If you're best bet is a 3/5 shot, then you better find some value. I guess it all comes down to how do I get the maximum value I can while not having longer losing streaks than necessary.
With regards to not singling your best bet of the day, I guess it depends on how you define "best bet." Often my best bets are not the most likely to win, they are the best value. So I might make a horse 4/1 but figure him to go off at 20/1. Although on a value basis, he may be a single, I still may use other horses to reduce the losing streak variance.
Hope that made some sense and answered your question (probably not).