(WIN) At odds of 2-1 or higher, bet to win.
(PLACE) At odds below 2-1, bet to place, but not to show.
UNDERLAY
An underlay is a overbet horse. NEVER BET ON UNDERLAYS!!
OVERLAY
Odds higher than they should be, based on horse's chances of winning. Basically an overlay is an under bet horse. ALWAYS BET ON OVERLAYS YOU THINK HAVE A GOOD CHANCE TO WIN!!
NOTE: Anytime you like an overlay and and underlay, or a good-price horse and low-price horse in the same race, bet the overlay.
THREE DO'S AND DON'TS IN EXACTA BETTING.
The important point about Exacta wagering (betting horses will finish one-two in the exact order you bet them) is to use positive strategies that will pay off better the more frequently you play.
THE DON'TS
1. Don't bet favorites below 2-1 on top.
2. Don't box pairs of ling shots, which means horses at 11-1 or higher.
Instead bet both horses to win.
3. Don't bet baseballs, taking 3 horses and betting every possible combination to come one-two, total of 6 combinations.
Note: If you bet a low-price favorite on top, do not use the second and third betting choices on the bottom.
THE DO'S
1. Do bet the favorites on the bottom.
2. Do box pairs of medium-priced horses, such as 8-1 with 6-6.
3. Do bet long shots on top of favorites, but also bet on the long shot to win.
4. Do make sure you have a two to one ratio with the of what picks your are using.
HOW TO WAGER ON MY SELECTIONS
If odds are 5/2, 3-1, 7/2, 4-1, 9/2, 5-1, and 6-1, wager to WIN and PLACE. For every WIN unit ($1 bet) bet three units to place. NO SHOW WAGERS
If odds are 7-1, 8-1, 9-1, 10-1, 11-1 and 12-1, wager to WIN, PLACE and SHOW. For every WIN unit wager three place units and three show units.
When odds are 13-1 and higher wager two units to place and five units to show for every win unit bet.
More Horse Betting examples
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