Evaluating Risk Versus Reward When Considering Playing a Double
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I’ve written before about how wheeling your top choice in a race in an exacta can sometimes offer better value than wagering the same amount of money on the horse to win. This is a good situation when the low end of the payoffs for your exactas is close to what your potential win bet payoff would be for the same amount of money, but the higher end of the payoffs is much larger.