For me, handicapping is an ever-evolving journey. In an effort to maintain consistency, I am constantly fine-tuning small pieces of the process. It's no secret that my main approach involves mastering the Monster Move. Yet, when those running lines don't show up for days at a time, I've had to develop an automatic strategy. Still testing, but it's simple and reduces wagering exposure when one doesn't have the time, energy or means to do more in-depth research.
Here it is, in a nutshell: Bet the second favorite
1-Bet one unit ($2) to win on the second favorite in the race.
2-Bet a $2 exacta box on the second and third faves in the race. That's it!
The cost per-race is $6. And, the returns are surprisingly satisfying for doing absolutely no handicapping. It's a nice addition to my, previously mentioned, 'no opinion (NO)' approach.
The reasoning is sound. Historically, 50% of the races are won by either the first or second betting favorite. Most favorites are significantly overbet. Second faves are often overlays.
Try it. You'll be pleasantly surprised!