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Old 04-16-2009, 09:44 AM
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philcski philcski is offline
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Join Date: Jun 2006
Location: Mission Viejo, CA
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Quote:
Originally Posted by Bobby Fischer
Steve,

6: 1-2-3-4-5
7: 1-2-3-7-8
8: 2-4-5-6
9: 7


one thing I was studying last night , was what to do if you are alive with a huge shot in a multi race wager.

Now, that bomb in race 6 might not be the hugest in history because the field size wasn't that big, but it was pretty big.

One thing you can do is take like 3 others that you didn't use in your pick 4, and hedge them in a next race pick3 with 5 horses in the other legs (whose base would be your original opinion)
like
7: 7,9,11
8: 2-4-5-6 7 (I missed the 3 Libor Lady too )
9: 7 5,8,9,11
cost =$75
What i did was add the other horses to get to 3x5x5 straight from the lowest odds (you would have to handicap or use ml odds if lazy)

they say the track is a terrible place to buy insurance
and my example above sucks because Libor Lady screws you in the 8th race regardless-( unless you liked her enough to use), but I thought it was an interesting thought for the types of things you consider when you have a live pick 4 with a bomb

Jay
your idea is on the right track but not quite accurate, you actually need to play 3 tickets to cover yourself for a 3/4 payout. in this case it would have been:
4,5,9,10,11/2,4,5,6/7
1,2,3,7,8/1,3,7/7
1,2,3,7,8/2,4,5,6/all but the 7

net cost = $20 + $15 + $200 = $235. obviously you can slim down the last leg if you want to dump some of the no-hopers (and just bet them to win if you get to that point).
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