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[georgetkingiv]

Originally Posted by formula_2002

IN THE LONG RUN, A BET ON THE FAVORITE WILL PRODUCE A LOSS APPOXIMATELY EQUAL TO THE TRACK TAKE OUT

I'LL SUGGEST THAT IN THE SAME LONG RUN, A STRUCTURED EXACTA BET CAN BE CALCULATED SUCH THAT, THE RETURN WILL OUTPERFORM A WIN BET.

THE SUCCESS OF THE BET HAS MUCH TO DO WITH THE ODDS ON THE HORSE THAT COMES IN SECOND.

IT SEEMS THE SHORTED THE SECOND HORSE'S WIN ODDS THE MORE SUCCESSFUL THE EXACTA PLAY.

THOSE EXACTA PLAYS CAN RESULT IN AS MUCH AS A 5O% ADVANTAGE.

IF THE SECOND HORSE'S ARE TOO LONG THE EXACTA PLAY CAN RESULT IN A CORRESONDING LOSS.

THE QUESTION REMAINS, " WILL THE SUCCESSFUL PLAYS OUTPERFORM THE NOT SO SUCCESSFUL PLAYS, SUCH THAT A LONG TERM PROFIT CAN BE MADE".