Exotics Part II Multi Race Bets

The largest payouts, and the hardest bets to win, are the multi-race bets. These range from the relatively simple (daily double) to the almost impossible (pick 6). We will start by looking at the daily double.

• The double requires that you pick the winners in two consecutive races. Tracks used to have this only for the first two races of the day, but most have extended the double so that they run on a rolling basis throughout the day.
• The pick 3 and pick 4 require a bit more skill and a lot more luck on behalf of the horseplayer. Choosing three or four winners in a row is a difficult task for even the best handicapper.
• The pick 6 is in a league of its own. There is no equivalent in the single race exotic pool to match the pick 6. As you know, the pick 6 requires that you select the winners of six consecutive races. This might seem like a daunting task, and it is. But that does not make it an impossible one.

The most important thing to consider when making a multi-race bet is to use the best money management skills available. The smaller bettor should stay away from the larger of these wagers because a $40 bet comprising of forty $1 bets is not going to be competitive in an extreme wager like the pick 6. If there are six races with eight horses in each race, there will be 46,656 different combinations of horses. Even if you are an astute enough handicapper to eliminate three horses in each race, there are still 15,625 combinations. In this light, forty bets is a drop in the proverbial bucket.

In order to stay competitive in a large wager like the pick 6, you need to invest more into your wagering. If you do not have the bankroll to do this, you are not alone. One option available would be to create a betting pool amongst some friends. If ten of you contributed $40 each, suddenly, your selection power increases ten-fold. You go from covering 0.26% of all combinations to 2.56%. This small amount will give you an edge over the average betting public.

Other money management tips will be provided for you in the 10th grade. Next, we will be looking at how to select the correct races to bid upon.