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Track takeout is far too high; also the fees for availing the exotics.
The Delaware Handicap is synonymous in memory of racecourse larceny; a generous trifecta-a hunch mathematically
nailed down while screwing off on the internet at the office-and although I enjoyed sliding the grand plus inside
my wallet the track's cut sliced the wad considerably. I prefer the exotics to a single winner play. Last Kentucky Derby
I thought to TED-spread Maximum Security and Country House in a series of tri/superfecta bets but abandoned
the notion at the last minute-taking Maximum Security as lead horse in a promising superfecta, with a Super 5/all.
Busted flush with the disqualification though I blame myself for not going the TED with Country House.
Still, I love the game, find profit, and accept that the piper gets paid at the window.![]()
I've narrowed myself to win or exacta betting, always avoid favorites (always overpriced, IMO, kinda like a bull-market stock) and use jockey, trainer, past performance and another fundamentals with assessment of odds as the technicals. That said, it is still just entertainment to me with a good day being a break even including costs - tickets, travel, food - and an okay day being some winners resulting in it costing less than a broadway show to be entertained for many more hours.
Kudos to you if you consistently find profit as - as we both noted - the house takes an egregious cut. While I think the financial markets are much more than just a race track with meaningfully smaller vig/spread, if one does want to think about the financial markets as a casino - it is the most cost-efficient-to-the-better casino (assuming you avoid the products with excessive transparent and hidden fees) ever invented.