Closest you have come to the big score...

[randallscott35]

Originally Posted by Grits

ELA, I'm sorry I didn't come back to your question sooner.

You're right this is not a bet for everyone. Nor is it a matter of being a wimp. This, to the casual player, takes a whole lotta guts. On the other hand, for the pro, (and I'm not) this is common play, as they don't bet to place, ever. In this case, no, you don't make a place bet at all. Instead, you play, YOUR horse, straight, underneath the postime public choice for $100.

There are many occasions that this bet is not feasible, as there is no clear cut public choice at postime.

This is nuts. The whole basic problem with your strategy is that you assume the favorite will win if your longshot runs second. Huh, you are betting a lonshot b/c you think the favorite is vulnerable. So your favorite runs off the board, boosting the place price and you get nothing to show for it b/c that's the only horse you used on top. That is not how to use an exacta as a hedge.