Quote:
Originally Posted by Si2see
Right, and for an example of my own play, I love the Laurel Champions tournament because it is a good way to practice live bankroll , affordable play but at win place show only, so I don't feel as if anyone has that big of an advantage over me. I was fortunate enough to finish in 10th in 2016 at this tournament one of the first times I played it, I didn't really have a strategy to move to the top, just had some really good handicapping including a 34-1 winner with $20 on the nose, but I couldn't make it to the top so I started to research more. ( which is key for anyone interested in contests, research as much or more than you actually play )
Now I buy 2 entries both give $200 real money to bet with, but must bet at least $20 win, or place, or show or any combination of those but each must be $20 or higher wager.
I had it set two different ways to play each entry.
Entry 1. Play a format that I know how a former top cash player ( who's name I haven't seen in a while ) taught me the concept.
Play your races in order as they come up for the $20 win bet. If any of them hit lets say you get back $200 from hitting around a 7-1 shot then your next 2-4 wagers in order will be for from that winnings. so say 4 horses $50 win bets. Anything you hit in these "second stage" wagers move over to final bankroll.
I have been working on this off an on since 2016 and I have it in the back of my head for at least any time I can get to the laurel contest.
Entry 2. This format a friend of mine who tears up the monmouth cash games ( which I have never made it to and want to, hopefully this summer ) taught me and says it is really as simple as this
Have your best 1-5 plays of the day . Fire heavy on the first couple that run. Parlay the money and hope you can hit all of your best bets of the day. This is the format several people, including Kinchen seem to win with.
I tried this in the August 2017 contest but had a little bad luck and one mistake.
The first bet was $40 win on a longshot at gulfstream who didn't run well. The second wager was $60 to win on my second best horse of the day. Dowse's beach at woodbine at 7-2 odds. The idea was even though he was a lower price horse if he wins I roll it all on my best bet of the day at Saratoga.
Dowse's beach comes up short and runs second.
So I still have $100 for my best bet of the day, I even gave the horse to my buddy that taught me entry two format because I didn't think I could move up enough with the horse.
The mistake was I end up playing $50 w/p , because if the horse runs second at least I still have a fighting chance to go all in on one more horse. Of course the horse wins Elate in the Alabama pays $10.60 $6.00.
I got back $415 on the wager, fired off some more tickets and ended up at $500. which I believe was 20th place overall.
I believe entry 2 is the only way to win these tournaments if you have the horses, but in August I will try both styles one more time.
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Thanks for the write ups. I have been using the feeders to earn the cash entry, my feeling is when I do that its paper money anyways, my loss is the initial feeder cost.
I will bet it aggressive like you outlined in wager 2. My thinking is I am going into that contest thinking of a giant score rather than just some kind of income, 3-10k (entry fee) is nice since I won that but I want to make some real money.
