I was talking to someone about a year ago, and he brought up horse racing. I know almost nothing about it, but he was talking about how he would just bet on the Trifecta.
He would first pick the 3 horses he believes are the best to place. Then he will make 6 Trifecta bets with those 3 horses.
So:
1) 1st-a 2-c 3-b
2) 1st-a 2-b 3-c
3) 1st-b 2-a 3-c
4) 1st-b 2-c 3-a
5) 1st-c 2-b 3-a
6) 1st-c 2-a 3-b
so he would make 6 small bets to get 1 huge win.
your guys thoughts?
is there a 'name' to this kind of betting?
I rarely do boxes. If I do then I will box 4 for $48(or $24 if the bet is a $1 bet). I prefer tri wheels in which I put 1 horse on top, maybe 2-3 in second, and all in 3rd. I cannot tell you how many times I have left out a horse or 2 in 3rd and they come in. Now I do all and ride with it.