Thursday, July 9, 2009

Autobetting strategy: Second favorites

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!

Sunday, June 14, 2009

Just say NO!

One of the benefits of blogging about racing is the fact that I have to write things down. In turn, the notes I make help me analyze my strengths and, importantly, my weaknesses in the game.

Without doubt, wagering is a major weakness. Because of my devotion to the Monster Move, I am wise enough to make straight wagers. Imagine not cashing $22 place, $14 show.

But, in pursuit of the BIG SCORE, I am still making far too many exotic wagers. It's a basic rule of the system to box a mover with the favorite in exactas. Fine! Until, I have more distinct indicators isolating weaker and stronger movers, I am reducing the wheels, boxes and pick-whatevers.

Truth be told, in most of those wilder exotics I really don't have a strong opinion about the horses I am tying to my selections. Unknowingly, I have made wagering itself almost as important as the selection process. Where is it written that a player is supposed to have an opinion about every race on a card? No opinion is not a sin.

NO (no opinion) has just become a significant character to be added to my DRF markup.