From the Inside Flap
"This is not a book about how to pick winners at the racetrack," writes Steven Crist in the opening lines of this unique and long-awaited book about playing the races.
Exotic Betting instead argues that how to bet is as important as who you like, especially in the 21st-century world of horse racing, where a new menu of wagers such as the superfecta and pick four have overtaken the familiar win, place, and show betting of yesteryear.
Both serious and casual horseplayers will benefit from understanding the strategy and mechanics of making these complex wagers, a topic generally ignored in the literature of handicapping but now more important than ever. Crist explores each of racings so-called exotic wagers, including exactas, trifectas, superfectas, doubles, pick threes, pick fours, and pick sixes. Drawing on his personal experiences as a bettor and as a racing journalist and executive, Crist outlines both the common mistakes made by the betting public and some alternative approaches that can lead to more profitable returns and to greater enjoyment of an endlessly intricate and fascinating game.
Crist, known as the King of the Pick Six for his exploits in that jackpot wager, also explores a wide range of practical issues, including the advantages and pitfalls of betting on the sports biggest events, such as the Triple Crown and Breeders Cup, and the unfairly onerous requirements imposed on exotic bettors by the Internal Revenue Service.
Whether youre a two-dollar bettor considering his first exacta or a high roller regularly chasing seven-figure jackpots, Exotic Betting will forever change the way you look at and wager on horse racing.
Steven Crist has been playing the races and writing about them since a chance trip to Wonderland Greyhound Park in 1976 put a quick end to studying 18th-century English literature. He was the horse-racing columnist for The New York Times from 1981 through 1990; founding editor-in-chief of The Racing Times in 1991-92; a New York racetrack executive from 1994 to 1997; and in 1998 assembled an investment group that purchased Daily Racing Form, where he served as the chief executive until 2002 and remains as the chairman and publisher. Crist is the author of the books Offtrack, The Horse Traders, and Betting on Myself.
From the Back Cover
"Steve Crist became an extremely successful pick-six player by recognizing this truth: How you bet is at least as important as whom you bet. His book Exotic Betting will change teh way horseplayers think about the pick six, pick four, and other multiple wagers." Andrew Beyer Washington Post columnist
"With so many exotics on the wagering menu these days, players are stuck in teh quandary of exactly what pools to dive into to get the best bang for their buck. With his facile bent toward mathematics and teh understanding of odds, payots, takeouts, etc., Crist succeds in breaking down teh pluses and minuses of doubles, exactas, tris, supers, etc. in a logical way. This book is a plus for anyone who takes this difficult game seriously." Bob Neumeier NBN Sports
"In a sport known for ups and downs, Steve Crist is a beacon of consistency. Besides his intelligent horse-racing commentary, he simplifies teh complexities of exotic wagering better than anyone. Crist would be my first choice as professor in teh classroom of betting strategy." Randy Moss ABC/ESPN horse-racing analyst