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I have to say I saw it coming. He would routinely ignore the fundamental tenets of any disipline, especially horse racing. One never calculates an roi based on one wager which Lenny loved to do. Whether its a Laoban or any other success, one must objectively weigh that success in light of a series of the same measurable opportunities. Otherwise, the wager is a gamble, not an investment. Gambling is losing, investing is winning.
Finally, racing is structured on the parimutuel system, i. Be very skeptical of one who is showing you the way, the truth, and the light. What about betting post positions only? Thank you for staying updated with the AGameofSkill. This site uses Akismet to reduce spam. Learn how your comment data is processed.
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Return to top of page. Games of Chance. Learn more about horse racing. Got Rebates? Or do you just get points that add up to little? If you are human, leave this field blank. Your Name. State of Residence? Average Monthly Wagering? Which Breeds Do You Wager on? Sign up for the AGameofSkill. Comments Anthony Kelzenberg says.
October 7, at pm. October 10, at pm. Tom says. October 26, at pm. You are being too tough on Lenny. He needs help. Frederick D. Leiserson says. December 23, at am. I think he is being a little tough on him, but I think he has a point. Larry Alexander says. March 5, at pm. If it comes in third, you get show. Exacta : Bet the first two finishers in a race in exact order.
Exacta Box : Bet two horses in a race to finish first and second in either order. Trifecta : Bet the first three finishers in a race in exact order. Trifecta Box : Bet three horses in a race to finish first, second, and third in any order. Superfecta : Bet the first four finishers in a race in exact order. Daily Double : Bet the winners of two consecutive races designated by the track. Pick 3, Pick 4, Pick 6 : Bet the winners of three, four, or six consecutive races designated by the track.
How much will a Pick 3 bet cost? A Part Wheel bets on one horse with some of the others. Continuing the example, an Exacta Wheel picks one horse to win and every other horse to place, while an Exacta Part Wheel bets one horse to win and some of the others to place. The horse you pick to win is your key horse.
Wagering Words to Know Coupled entry : If one owner owns two horses in a race, they run as one entry; a bet on one is a bet on both. Regardless of post positions, they are 1 and 1a, 2 and 2a, etc.
Your exacta box bet wins if any of your horses finish in the top 2 in any order. The exacta box costs more than a straight exacta because you must pay for each possible finishing combination. Racebooks will calculate exacta box cost for you. See also this calculator. How to Place a Box Bet. An exacta box and quinella payout after the same race result. Two horses must finish first and second in any order.
The mechanics of each bet differ. Quinella The quinella is one bet on 2 horses. This happens when a favorite is paired with a longshot. A winning longshot followed by a heavy favorite would pay more than the reverse result. An Exacta Wheel bet is picking sets of horses to finish first and second. Each set is called a key. Each key contains 1 or more horses. Exacta Full Wheel — Put one horse in the 1st key with all other horses in the 2nd key. Alternatively, wheel 1 horse in the 2nd with all others in the 1st.
Exacta Part Wheel — Put one or more horses in the 1st key with your own set of horses in the 2nd key. The part wheel does not include all other horses. A horse can be included in multiple keys. This is common for heavy favorites. They are more likely to finish in the top 2 than a longshot. EXACTA is the form of pari-mutuel wagering whereby you select in order the first and second place horses in races which offer exacta wagering. EXACTA BOX In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to finish first and second in exact order.
Also, you can put your horse "on the bottom," in which case he must run second. QUINIELA is the form of pari-mutuel wagering whereby you select the first and second place horses in races which offer quinela wagering. The exact order of finish doesn't matter as long as they both run first and second. If your main horse finishes worse than second, it's a losing bet.
TRIFECTA is the form of pari-mutuel wagering whereby you select in order the first, second, and third place horses in races which offer trifecta wagering. Let's say you like the 3 horse really well to win, and you think the 6, 7, and 8 horses are the only other horses in the race who have any shot at all of hitting the board.
This allows you to build some pretty creative bets. An example is in order. See the superfecta wagering chart for more information.