Saturday, May 27, 2006

Gambling Housewife Combination Exacta Explained

In the true nature of a Gambling Housewife my very favourite type of bet is the combination exacta: as it offers potentially huge returns for small stakes - forget that blokey macho attitude that reckons big straight bets show you are a real man is complete cojones to me and probably spread by the bookies themselves to lift their profits. The bigger your stake the more you stand to lose and the more profit goes into the bookies pockets, give me big wins for small stakes anytime!

My daily combination exacta selections consist of 3 horses one of which is usually one of my each way tips for example yesterday my long shot, Partners In Jazz won at 9/1 for a tidy profit but if I had manged to pick the 2nd as well the tote Exacta paid £268.00 to a £1 unit stake - £67 more than the CSF (computer straight forecast) £202.21.

This difference in payout is due to the exacta being a tote pool bet where winning tickets share the prize pool for that particular bet and race while the CSF is calculated on SP (starting prices). The tote slips can be a bit of a pain to do at your local bookies as you have to be carefull filling them in and also check that they have registered correctly - my bookies machine often misses one or more selctions...but the difference in payout makes it more than worthwhile - in the example combination exacta result above you get over £67 more for a few extra seconds filling in the tote exacta slip.

If you bet online then putting on a combination exacta is a doddle, I am aware that the combination exacta bet is avaible on the Tote and Blue Square sites but with a minimum total bet stake of £2 but if you want to use very a small unit stake to start with then that is available on Betfred only - find the link to Betfred for the combination exacta here if you want to try out the exacta with just 5 or 10p unit stakes.

For my daily combi exacta I usually put up 3 selections, using a £1 unit stake it costs £6 total as 3 selections give a possible 6 combination for 1st and 2nd. Rarely I will put up 2 selections only where I can see the race as a true 2 horse race. These may have a higher strike rate but the returns are usually lower hence my preference for more difficult races for my combination exacta selections.

Totesport have a great explanation of the exacta and all other tote pool bets.

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