Smart Money Management

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Christopher's Four Golden Rules of WATT Betting  ...

1.  Never Bet an Exacta Without a KEY HORSE !

2.  Never Bet a Trifecta if you don't LOVE TWO Horses !

3.  Always Bet Your "Sure Winner" (Win/Place) at Odds 5:2 or Greater !

4.  Never Ignore a PM-rated Horse (Top-2) at Odds 8:1 or Greater !

 

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Dutch Wagering

Dutch wagering is a betting scheme that is used to cover several horses in a race.  The idea behind the method is simple: If more horses are bet, the chances of winning are improved.Of course, the winning payoff must cover the cost of the bets on the losing horses.  With this system, the player sets an amount he hopes to win on the race – let us say, for example, $100.Next, the player calculates how much is needed on a particular horse to generate a $100 return.If Horse "A" is 4:1 on the board, he would return $10 for a $2 bet.  To get back $100 on Horse "A" one would need to wager $20 to win, resulting in a $100 payoff (which includes an $80 profit).

If horse "B" is 2:1, it would pay $6 on a $2 wager.  So, one would need to bet about $34 on that horse to get back $100 (including a $66 profit).

If horse "C" is 9:1, it would return $20 for a $2 wager.  Therefore, $10 would be needed to get back $100 (with a $90 profit).  Therefore, covering all three (Horse A at 4:1, Horse B at 2:1, and Horse C at 9:1) would require $64.  If any one of these three won, it would return $100 and produce a $36 profit (a 56% return).  Of course, if any one of the three fails to win, the entire $64 would be lost.

This system is used largely when the handicapper believes that one or more of the "long shots" has a legitimate chance to win the race.For most racing fans, the rule should be… Whenever two or more low-paying horses have a good chance to win, pass the race – unless the Dutch Wagering Method can be used.

Jeff Little, Publisher

 



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Three Common Wagering Mistakes ...

1.  Playing any race that has more than three likely winners.

2.  Betting just for "action."    Passing a race is better than losing a race.

3.  Betting against yourself with too many "savers" and "last-minute hunches."

 

 

A Sure Bet in the Spring?

In his second book, "Handicap! Finding the Key Horse" the author, David Christopher, explains how to identify what he calls "the Green Baby"

Racing fans using the Winning at the Track software know this play is almost "money in the bank" (especially in the Springtime and early Summer). Here is one of the most consistently profitable money-making plays using this popular speed/pace program...

What to look for: In a race for 3-year-olds, find a horse that hasn't been on the track for 6-12 months but has a P/M Rating that is equal to the others in the contest. Why is this special?

The maturity curve between an animal TWO years old and one that is THREE is analogous to a 12-year-old boy and a young man, 18 years old. If the P/M Rating for this contender is competitve with all the others in the race - but his numbers were established when he was TWO - consider him a likely winner in today's contest.

Jeff Little, Publisher

 

 


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"Discipline can be the difference between Winning and Losing!"  - The Pope

 

In Memoriam 

Steve "The Pope" Schwartz (September 22, 1942 - August 13, 2008)

The late Steve Schwartz, a WATT user for sixteen years, was not only a very good friend, but an excellent handicapper.   He loved horse racing.   In fact, he often referred to his remaining years on earth by the number of Kentucky Derby contests he was looking forward to rather than years on a calendar.  We will miss him terribly.

Jeff Little, Publisher

 

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