Racing – 101

by Ed Meyer

posted on August 3, 2009 in Educational Articles, General Discussion | No Comments >>

From time to time, we need a little refresher course on how to get to cashing tickets. For the new player, welcome to the club. For the seasoned pro, a little catch-up never hurts.

We get tied up with exotic wagering and sometimes leave money on the table. I had friend at a handicapping contest that bet a 25-1 shot in the contest, but forgot to bet $2 to win and place in cash. I know, nobody gets rich… But it does add up at the end of the day… It won, and he didn’t…

For new players, win-place-show wagers can get you started. It is a great way to get in the game cheap. I would use this as guideline. When betting 2-1 or under, do not bet it to place or show unless it is a strong entry. For runners over 5-1, I would make a small bet to place with your win wager. If your runner is over 20-1, I would have an equal amount across the board. Trust me, if it runs 3rd it will pay $8.00 or better.

Create parlays. I like to make nice place parlays when I am busy during the week. I usually do this when I do not have a great deal of time to handicap.  I would advise always being prepared, and download your data. You may find a nice horse that WinningPonies has ranked second or third, that looks sweet at the windows. I am a $200 winner today just by making four place wagers. I did have a nice $6.30 winner to get me started, and I kept rolling the wager.

So, don’t leave money on the table. I’d hate to think you did not prepare to win by not doing your homework. Or, you can just plan your money management, and let WinningPonies take the guesswork out of your plans.

Good luck!

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