Betting
Jeremy Plonk has a realization re: how betting is changing at Woodbine:
It reminds me a lot of playing online through Xpressbet and other ADW outlets. We trust ourselves and trust the technology every single day we play. We just don’t typically do it at the racetrack, because we’re often too stuck on tradition to realize how society has changed.
Journalism changes, too: Steven Crist on 35 years at Saratoga.
Orb is confirmed for the Belmont Stakes after a sharp work in company at Belmont on Sunday, joining Oxbow and what might be as many as many as 13 other starters in the final leg of the Triple Crown — neither the Kentucky Derby nor the Preakness winner is scaring anyone away. Of the two, history suggests Oxbow is more likely to win — in the 21 times that the Derby and Preakness winners have met again in the Belmont, the Preakness winner has come out on top nine times, the Derby winner five, and the last time that happened was in 1984, when Swale redeemed himself after a historically bad Preakness loss (one that’s only been matched by Orb). Derby-Preakness winner exactas aren’t too common either, as Steven Crist points out in his discussion of Derby-Preakness winner rematches:
Only twice [since 1973] have the winners of the first two legs accounted for the Belmont exacta: Tabasco Cat-Go For Gin in 1994 (that exacta paid $19.20), and Hansel-Strike the Gold ($39.20) in 1991.
In recent years, the Belmont has been a rewarding race for longshot players, with bombs galore. The upcoming edition promises to keep the payouts up.
First, understand the race, then understand chance:
No. 5, Toro has learned the hard way the immutable, unmerciful truth of superfecta betting:
Only good horses reliably finish first or second, and only decent ones usually run third. But any half-wit critter with a post and a pulse can finish fourth.
This is why I rarely play the super, even for a dime.
When Wise Dan makes his first start of the year at Keeneland on April 12, don’t bet against him. Returning Horses of the Year are 16 for 21 since 1972:
Favored returning HOTYs are 16 for 20. With a return of $43.50 on $40 bet, that makes favored returning HOTYs just about the surest bet in racing.
(The chart above is an updated version of one that appeared in a lengthier post about betting returning champions in March 2010.)
1:15 PM Addendum: So, how might you play Wise Dan? Hello Race Fans has some tips on factoring favorites, and singling and spreading.
Mike Maloney on how he plays superfectas:
I’ll structure bets with my key horses in third and fourth. There’s probably as much probability in the third and fourth spots as in the first and second. If you’re lucky enough where you get a price horse to win along with a key horse for third and fourth that is also a price — and a lot of them are — you’ve got a great chance to cash a monster ticket. Sometimes a dime super can pay into the thousands.
That’s from an interview with the noted big bettor in last fall’s Horseplayer Magazine, available as a PDF via HANA. Looking past the top two for wagering value is also an approach I enjoy, as I wrote on Hello Race Fans last year.
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