Quote:
Originally Posted by Cajungator26
Stop using logic, Lori! 
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i know, i know....
randal also has a point.. its nice to cash the place ticket because the exacta will hit less often.. but still the ROI should (will) be higher over time with the exacta hits.
but as GRITS stated before, you would ONLY hedge this exacta bet if there is a clear cut favorite (1.50-1). many races have a few horses lingering at favoritism and then its up in the air, so you wouldnt be confident with that bet.
i dont know if in that case you would add a place bet or just not bet the race at all, or bet your horse just to win? I'd need someone more experienced to answer that (Kasept, BTW)