great idea in theory, but you put 400 on the nose, and exacta box the horse you love with 3 other horses.....your horse runs second and the three you put in your exacta run out, you end up -700? I think a lot of factors go into this. Odds, comfort level of other races for your pick 3's and 4's, and your liking for the others in the race. For example on the Oaks, I played Proud Spell heavy across the board and did not play one exotic ticket....I think she paid roughly 8.80 to win 4.80 to place and close to 4.00 to show. I was extremely happy with this. Thanks again to mrb posting a play of his, and I will leave my opinions on how he should play it to him. I don't think mrb was asking us the best way to play a horse he likes!
p.s. I know a guy that makes a very comfortable living off place/show spot plays. So there are people still utilizing these wagers.