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Originally Posted by sdjcom
Boxing can be expensive in the long run but you can hit the undereath horses in a nice payoff. Do I box? Only in 3 horse exactas. I always play a saver with a exacta box of underneath horses to save the bet if key-horse is run off ticket, in this case he scratched. If you pick-up a handful of tickets at the track and see what people play most o them are keyed bets and the underneath horses hit the ticket. I know how this feels.
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I almost never box because I think, aside from the fact it burns a lot of tickets, it's a concession that you don't really have a strong enough opinion to bet the race. However, I can see the utility of placing a saver bet in the situation you describe. I usually make myself a grid of the expected exacta payouts using my picks, so I know that the expected returns would have been worth risking the $12 box bet with my non-key horses. As it turned out, the exacta only paid just under $20, but it could have paid as much as $100.