Is it a good idea to bet a horse to place if you bet it to win? It’s called backing up a bet, gcashtowin but is it a good idea and does it pay off in the end? Picking a good winner often isn’t enough to make a profit when you bet on horse races. How you structure your wagers is very important.
There are many people who gcash2win are good handicappers and who can evaluate the runners very well and tell you which one is the most likely to win. That horse may not necessarily be the best one to bet on, however. You have to shop for the right odds according to the probability of the horse winning the race. Classy Web Directory
So if you’re going to play it to place you also have to have an idea of how likely it is to place. Here is an interesting thought. “Is a favorite a good place bet?” Another good question is, Hi5Biz Directory “How likely is the favorite to place?”
The average percentage for winning favorites is around 33%. The average percentage for favorites placing (being first or second in the race) is 50%. Let’s look a little closer at that. The favorite that doesn’t win actually only has roughly a 17% chance of placing. Therefore, Business Honors Directory wouldn’t it make more sense to simply take the money you were going to put on the place wager and add it to the win wager?
Yes and no. First of all, while those broad statistics apply to thousands of races how well do they hold up on the day you happen to go to the race track? Business Listings
Secondly, are you betting for fun or profit or a little of both? If you just want to cash a ticket then your chances of cashing a win only ticket on any favorite are about 33%. On the other hand, Web Directory your chances of cashing on and win and place ticket are 50%. You’ve increased your chances of cashing a ticket by about half.
Cash flow is important because you need to hang onto your bankroll, so will your bankroll go down slower or faster if you bet W only or WP? The money will go down a little faster if you use the WP wager but you’ll cash more often. That’s because there is more breakage on the place pool because it is divided between the two horses rather than just one as in the case of the win pool. Web Triber Directory
Breakage is the rounding off that occurs so the track can pay off in nickel or dime increments.