Wednesday, November 12, 2008

Wait to bet whenever you can

So, last night, after my bets bet of the night, Game Sophie ($18.80) wins, ($10 win ticket, he says bragging) we move onto a maiden claimer where I really like Eva Shark from the rail at a 3-1 ML. But I know she is going to be a short-priced fave, so I go on the air and say, "I am going to try ot get he favorite beat with #6 Town Beuaty. Eva Shark is 0-27 career and I cannot pick her since she will be around even money." I go to my office and do some work and pay little attention to the odds. The race goes off and Eva Shark wins. The prices come up and she pays $17.40. At that price, she was a clear play.

This is just one example of why we should wait until the last possible minute to wager. First, you have to watch the post parade, which in cold weather, comes at two minutes to post. If you are betting before the post parade, thank you. You are making my odds that much better.

Additionally, due to common pooling, the vast majority of money comes into the pools late, from the co-mingling (80% or more of the wagers on a typical Northfield race come from other locations). So there can be huge odds swings. How many times has a horse that was 8-1 when I went ont he air slid to 3-1 at post-time and dropped to 9-5 when the race went off? A lot. So be patient. And learn how to use a self service machine. With the plethora of tracks offering 10-cent supers, lines with live tellers move slower than they once did. There is rarely a line at an SST, and if there is, there are plenty of others around.

So, be patient and you will not only cash more often, but you may cash for more cash.

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