Hedging your bets

[Jackson]

The problem is that with a deep field and you have say three horses, let's say the favorite, a medium priced horse, and a long shot, covered, how best to cover the other nine in a twelve horse field?

[gamblin4ever]

Originally Posted by Jackson

The problem is that with a deep field and you have say three horses, let's say the favorite, a medium priced horse, and a long shot, covered, how best to cover the other nine in a twelve horse field?

These that are already covered should be your top 3 in the race. So, place wp bets with #s 4,5,6. That leaves the bottom six out, but your covered for the top 6.

[Dahoss]

I think it depends on the odds of the horses you do not have covered and the will pays on your live bets.

I sort of agree with what has already been said in that I would make win bets on the next 3 or 4 horses I think can win (depending on their odds) outside of the 3 I'm live to.

I wouldn't hedge a double.

[Sightseek]

Originally Posted by Dahoss

I think it depends on the odds of the horses you do not have covered and the will pays on your live bets.

I sort of agree with what has already been said in that I would make win bets on the next 3 or 4 horses I think can win (depending on their odds) outside of the 3 I'm live to.

I wouldn't hedge a double.

I would throw them in an exacta before I would go WP.

[robfla]

The last thing you want to do is hedge and lose both bets.

Each situation is totally different and needs to be approached in a different manner depending on expected payouts and odds of horses not covered in original bet.

[santana]

Originally Posted by Sightseek

I would throw them in an exacta before I would go WP.

Possibly using the horses you are alive to for second.....Other than that,hedging is usually a losing prop.

[banter]

Originally Posted by santana

hedging is usually a losing prop.

I also find this to be the case.

[Immanuel Kant]

You have to be alive to a significantly large payout relative to the size of your wager, to hedge. Otherwise , as has been mentioned in this thread, it is a losing prop.

[Dahoss]

Originally Posted by Sightseek

I would throw them in an exacta before I would go WP.

Definitely.