Item description for Exotic Betting: How to Make the Multihorse, Multirace Bets that Win Racing's Biggest Payoffs by Steven Crist...
In Exotic Betting, the horseplayer takes a colorful wagering ride by learning to maximize profits by betting on a multitude of exotic wagers including the daily double, exacta, trifecta, quinella, superfecta, pick 3, 4, and 6.
Promise Angels is dedicated to bringing you great books at great prices. Whether you read for entertainment, to learn, or for literacy - you will find what you want at promiseangels.com!
Est. Packaging Dimensions: Length: 9.1" Width: 5.9" Height: 0.9" Weight: 0.9 lbs.
Release Date Jun 13, 2006
Publisher DRF Press
ISBN 1932910921 ISBN13 9781932910926
Reviews - What do customers think about Exotic Betting: How to Make the Multihorse, Multirace Bets that Win Racing's Biggest Payoffs?
not bad...but... Sep 8, 2008
With so many combinations suggested in this book, I find it difficult to believe that one could make money over the long haul. Getting 20 or so combinations for exactas or doubles or tris is just asking for trouble. With shorter fields these days the payoffs just don't justify the investment and risks.
I've been playing, with marginal success, straight exactas or, at most, a 2 horse box. Even then, my 20-1 exacta payoff drops to 10-1 with the box. The combinations suggested in this book shrinks your payoff odds big time. If you have a bad day, and we all have them, you could lose a lot of $. And I'm not into sinking $20 into a pick 3 for a $50 payoff. No thanks.
I guess with the big plays, like superfectas and super 7s, some of this might work. I don't know. I never play these. But I guarantee if you keep betting lots of combinations in the doubles or exactas, it's going to be a rough road.
Pick who you think is going to win, find a good runner-up and bet it straight. Even with a 2-1 favorite on top, you could be looking at a 15-1 exacta. Not bad. A common scenario for me is a nice 5-1 shot on top of the 3/2 favorite with a payoff of $40-$50. No bad again.
The most influential book on horse racing I've read this decade Mar 12, 2008
Other than Andrew Beyer's handicapping books and Joe Takach's videos on appearance, there are almost no works on the subject of winning at the races that really made an impression on me - until I read Exotic Betting. Author Crist makes a cogent and powerful argument on the long-ignored art of correctly ranking and betting your contenders. Crist simply is better than anyone else at turning his opinions into profits - and after reading this book, I improved dramatically in my rating and betting skills. Just the section on his A,B,C ranking of contenders was a revelation for me. If you ever want to seriously play multihorse and multirace wagers, read this book or just stick to the lottery.
Highly Recommended Title for Every Player Dec 31, 2007
I found this book to be highly informative, but not because I agree with all of the author's conclusions. The main conclusion I disagree with is the author's repeated assertions throughout that exotics are not about trying to figure out who the two, three or four most likely finishers are and betting them in the order of most likely finish. Christ somehow thinks that there is more to it than that. But there isn't.
If you find the winning horses in the order of finish, you will cash. Because that's precisely what the Exacta, Quinella, Trifecta, Daily Double, Superfecta, Pick 6, etc are all about: finding the requisite number of top finishes and the order of finish. He might have meant to say that figuring out the order of finish is a complex process which it indeed is, but the way he choose to express this in the text was really mind boggling. To argue that there is something else to it is - well - nutty.
Despite this one flaw, Christ does get you thinking the right way in alot of areas. He does cover takeout and how that effects your betting decisions, the Win-Place-Show (WPS) pools vs. exotics pools and how they work, why box bets are losing bets, when not to bet and other information that is vital info for the newbie pony player. If you are a newbie to the game of playing the ponies, then this is a must-read. Veterans should also take a look so they have the benefit of a perspective possibly different than their own.
Perfect Book Aug 16, 2007
Steve explains the math behind exotic betting and perfect rationale for using multi-race bets. A must read for the fan who wants to get more from the track.
Solid review of sound wagering strategies Jul 12, 2007
I thought this was a pretty solid book on the proper ways to construct exotic betting tickets. I found Crist's discussions of exacta and trifecta plays to be particularly interesting. Specifically, Crist tells the player to get away from the boxes (and other "chance plays") and go for big payouts by trusting your handicapping skills. Anyone can throw five longshots into a $1 exacta box and get lucky once and a while. Crist's philososphy, and that of many professional players, is to play less combinations at a greater price. Key your top horse over your second choice for $10. Then the top horse over a longshot play for $5. Crist encourages the player to structure bets in a manner that will reward them the most when their handicapping is spot on.....not just when they get lucky by throwing every longshot on the borad underneath and exoctic play. Why play four horses equally in a leg of the Pick 4 when you like two of them much more than the other two?
This book, along with Steve Davidowitz's classic, is an excellent read for the intermediate player who wants to learn to take his bet structuring to the next level. My only complaint is that the book wasn't longer....I would love to be able to sit down with Steve Crist and talk betting strategies all day. The only caution that I would give is that this book is not at all about how to pick winners. In fact, this book is not going to be valuable at all to a player who does not possess solid handicapping skills. If you have trouble picking winners to begin with then its probably not a good idea to try and get creative with exotic betting.