by Steven Crist
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Product Description
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.
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Average Customer Review:
0 of 0 people found the following review helpful:
 The most influential book on horse racing I've read this decade, 2008-03-12
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.
2 of 3 people found the following review helpful:
Highly Recommended Title for Every Player, 2007-12-31
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.
0 of 2 people found the following review helpful:
Perfect Book , 2007-08-16
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.
3 of 3 people found the following review helpful:
Solid review of sound wagering strategies, 2007-07-12
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.
5 of 6 people found the following review helpful:
 VERY READABLE INTRO TO EXOTIC BETTING, 2007-04-19
Steven Crist has been a horse-racing columnist, CEO of the Daily Racing Form and is the author of three other books on horse racing. His latest book, EXOTIC BETTING, attempts to fulfill a need, he explains, to glean more profits from racing through "exotic betting" at a time when shorter horse fields and more information available to savier handicappers has made it harder to make money with "straight bets": win, place and show. In EXOTIC BETTING, Mr. Crist patiently and lucidly lays out the mathematics behind daily doubles, exactas, trifectas, pick threes, etc., the so-called exotic plays. At one time, these bets were exotic when win, place and show predominated. But now, exotic betting is a feature at every racetrack. EXOTIC BETTING focuses on intrarace exotic bets like the exacta and trifecta and interrace exotic bets like the daily double and the pick three. Mr. Christ offers betting strategies for each of the exotic bet types. While I have seen most of these ideas in different places elsewhere, Mr. Christ brings them all together in one reference and explains them in very readable prose. Using the principals presented in the first part of EXOTIC BETTING, he finishes by taking the reader through his actual betting at the 2005 Breeder's Cup. A few more examples of the strategies discussed could have been interesting if not necessary but, all-in-all, this is an excellent book and I highly recommended EXOTIC BETTING for the casual or more serious horse player who wants to be a better exotics player.
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