Money Management question

[larryonion]

Is there any prefered method when wagering on a horse to win. I hear people say they like to bet a horse to win or place a lot. When doing this - is there a structure? For example - bet 1 unit to win, 2 units to place? Sorry if this is an odd question, but I am trying to learn this sport now, and I know from other sports that money management is the key to making money. so any input would be great...

Thanks.

[peznt]

Hey Larry;
When trying to hit winners I usually place the wager win/place.
Same bet on both. So if the horse doesn't win but places I usually get the cost of the bet back. If it does win I get the place money as well.
Just the way I have been playing it, not necessariarly the right way. I could stand some money management tips myself!

Good luck
peznt

[big daddyjt]

Larry Every One Plays Different--i For One Play 20w-50p-100s
In Exotics I Play5wheel On Top/3wheel On Bottom---tri's A 2 Key For Wps---supers I Do The Same But Add 4th

[skippy]

Hi Larry. PEZ is right. Majority of the horse players will bet $10 Win and $10 Place. The purpose of the place is to insure your bet. So if your choice comes in first or second, you cash both bets. If it only comes in second, you cash the Place bet which should recover the lost money on the Win bet. Depending on how long (odds) your horse is at, you might even make money just on the Place bet. When you are starting out, just play small to get the feel of the game. Good Luck Larry.

[larryonion]

Thanks all

[skippy]

Hi Larry. I have posted the results from the first 5 races from Woodbine last night. You can take a look at what some of the WIN/PLACE/SHOW prices paid. There were some big PLACES prices. It all depends on what comes in. Also note the higher payouts at this track as opposed to Aqueduct. Good Luck.

5-Sensual Hall 4.90 3.70 2.40
3-Malgebra 12.00 4.60
2-Northern Bonnet 2.80
EXACTOR (5-3) paid 45.50, pool 14098
TRIACTOR (5-3-2) paid 97.30, pool 215151

3-Hostile Witness 13.90 5.70 3.40
6-Hussy Chaser 6.20 3.80
5-Dvc Time And Again 2.20
DAILY DOUBLE (5-3) paid 24.40, pool 9935
EXACTOR (3-6) paid 104.40, pool 25827
TRIACTOR (3-6-5) paid 242.80, pool 335191

8-Givemearing 7.80 3.40 3.20
4-Whitesand Samantha 2.60 2.50
1-Chuckalo Beckster 5.60
EXACTOR (8-4) paid 32.70, pool 25467
TRIACTOR (8-4-1) paid 174.30, pool 38913
WIN THREE (5-3-8) paid 53.80, pool 73501

4-Crown Caper 4.20 3.70 3.10
3-Tuff As Tug 28.60 10.80
8-Mer Rouge 3.20
EXACTOR (4-3) paid 93.70, pool 26510
TRIACTOR (4-3-8) paid 363.00, pool 35044
WIN THREE (3-8-4) paid 85.00, pool 38211

6-Burningupthetrack 30.50 11.50 9.70
4-Days With Dad 10.50 7.80
1-No Clue 4.90
EXACTOR (6-4) paid 198.50, pool 27210
SUPERFECTA (6-4-1-7) paid 6985.05, pool 21412
TRIACTOR (6-4-1) paid 1559.90, pool 34404
WIN THREE (8-4-6) paid 883.60, pool 4174

[TDJ6969]

Larry, just my opion go 5 across the board
$5 win
$5 place
$5 show

just to get started