Ashva Probs

Exotic betting refers to an extremely popular group of horse racing wagers that allows you to make multiple bets on multiple ponies in a single bet. Exotic Bet requires a high degree of expertise and knowledge in picking. They are more difficult and have higher risk compared to simple win and place bet types however exotic bet types offer very attractive returns. Some of the very common exotic bet types are mentioned below.   Quinella: Pick the first and second runner, in any order.  Exacta: Pick the first and second runner in the exact finishing order. Trifecta / Triple: Pick the first three runners in the exact finishing order. Superfecta / Exact-4 / First Four: Pick the first four runners in the exact finishing order. Pentafecta / Exact-5: Pick the first five horses finishing the race in exact order. Hexafecta / Exact-6: Pick the first six horses finishing the race in exact order.   As the exact order increases, the chance of winning the races decre...

 Most important thing to make money of betting is “Picking” and “Placing”. We call it as “2P’s”. Picking the correct selection and Placing appropriate proportion of the investment is way to success. In our previous post, we try to explain different risk based strategies to pick selections. In this blog, we will try to cover few different investment strategies that help you to find portion of investment on each selected selection.  Proportionate Investment As name suggest, we give normalised investment proportion to the selected selections. For the eligible selections, take their probabilities and normalised them. Multiply normalised probability with maximum amount you would like to wager. We have explained it in the following example.   Lets take an example of "Top N Strategy" from our previous blog. Following probabilities were generated from our EAP and LAP. In this race, selection 3 and 7 are Top 30% highest generated probabilities. We are considering Top 30% where ...