[quote=wapete;640940]Interesting cover all play... I looked at the number quickly and the average exacta from last 10 years is $1547. Once you throw out the $9800 2005 result the average payout is $628 or roughly 82% of your $2 exacta box to cover 20x19 ($760). Historically you can expect to lose ~ 18% on the bet which is about inline with exotic takeouts.
I guess the strategy is you're hoping for a 50-1 to hit the top 2. If so, you might as well just take the 4 horses that are ML 50-1+ and box each one individually with All others. Each key bx would be $76 so in total you would be out $304. This play would of hit the exacta in both 2005 and 2009. You should expect to either lose all $300 or win $2k+.
Very good idea for fence swinging. Better to save on the front end than cash a "loser" if its LAL and Icebox
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