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.
Exotic Betting
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Book Description
Editorial Reviews
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 racing’s 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 sport’s 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 you’re 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
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Most Helpful Customer Reviews
17 of 19 people found the following review helpful:
4.0 out of 5 stars
Crist's book is a must-read if you want to understand what the winners understand,
By
This review is from: Exotic Betting: How to Make the Multihorse, Multirace Bets that Win Racing's Biggest Payoffs (Hardcover)
I recently read this book. Even though nobody is going to read it and say, "Eureka! I can finally quit my job!" it still qualifies as a must-read.
His explanation of exotics will help a lot of people understand how exotics really work. (You probably think you already know that. <G>) I think more than a few people will see where they are going wrong and, perhaps, how to correct their approach. I buy just about every horse racing book that comes along. The $20-30 is not important. It is what I may learn from a book versus the time it takes me to read and digest it. Most books I read are a total loss but admittedly I often check out by the third chapter. This is one I was glad I read. Simply put, there aren't enough high quality books out there from a source such as Crist. Just order it. Dave Schwartz
33 of 40 people found the following review helpful:
5.0 out of 5 stars
The Most Important Horseplaying Book in 30 Years,
This review is from: Exotic Betting: How to Make the Multihorse, Multirace Bets that Win Racing's Biggest Payoffs (Hardcover)
If you've ever picked nearly 37% winners over three months, or picked nine in a row, including a 15-1 shot, and still have gone home stooping for tickets in your Hanes, this book is for you.
Wise, relentlessly tested,"Exotic Betting" has an almost Buddhistic approach to thoroughbred wagering: Lose the ego, the King-of-the-Handicappers mentality, allow yourself to be wrong in the right spots and then bam, you're on your way. Not since Andrew Beyer's "Picking Winners" 30 years ago has a book given horseplayers more hope. An obvious must.
12 of 13 people found the following review helpful:
5.0 out of 5 stars
A must-read for any horseplayer of the 21st century,
By
This review is from: Exotic Betting: How to Make the Multihorse, Multirace Bets that Win Racing's Biggest Payoffs (Hardcover)
This book elaborates on ticket-tailoring techniques, not on how to identify the contenders in a horse-racing program. Steve Crist does a great job explaining (with clear arithmetical arguments) when to opt for an intrarace exotic bet instead of playing to win/place, and when not to. "The master of the pick-6" also shares his ABC-X technique to build interrace bets.
In the last chapter of the book, Crist shares his experience betting the 2005 Breeder's Cup. How he allocates his bankroll first, tabulates the horses in his A B C and X categories, the ticket execution, the on-the-fly adjustments and hedge bets, the after-the-fact analysis with lessons learned. It was a very enjoyable read too. Crist style is great.
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