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Originally Posted by ateamstupid
Like Dunbar said, it's the same thing. Wheeling means that you're guaranteed to have losing tickets and are looking for one winner. In your 1/2,3,4 scenario, the three different exactas obviously can't all come in, so you're hoping for one of your three bets to be a winner. How is that any different from betting two or three horses to win?
Anything other than a straight wager is guaranteed to have losers in it. The idea is to maximize ROI when you don't have a super narrowed down opinion.
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i guess i just think that there must be a better way to spend $20 then on two $10 win bets, knowing only one of the two will cash, and you just blew half your available money for that race. now, if nothing else is appealing to you, and you KNOW one of the two will come in, fine. but wouldn't you be better off in general in building tickets around those two, rather than taking a ten and tossing it? you'd have to bet 10 $1 exactas (for example) before you spent that same ten dollars, but you've now got ten chances to win rather than just one.