|NJ Horseplayer asks:|
Can slow and steady win the race?
Exhibiting uncharacteristic patience, thereafter I picked my spots and made a combination of seven win and win-place wagers only to get two seconds and four thirds, including 22-to-1 Bell by the Ridge in the Animal Kingdom race at Gulfstream (Race 5) and 31-to-1 Key Victory in the 12-horse eighth from Aqueduct. With $26 remaining and needing to make up quick late ground with only 6-7 races remaining on the contest card, I took two wild stabs in hopes of nailing a big price but came up empty.
The postmortem conversation with fellow SSC#2 contest players Terry "almost-lucked-my-way-to-victory-in-Saturday's-free-NHC Online Challenge" Flanagan and 2012 NHC qualifier Paul Zerbst, then over pitchers of PBR at Zachary's in Oceanport with my dad, made me consider...can a place, show or place-show wagering strategy work in live-money handicapping contests?
Based on yesterday's first 10 contest wagers and race outcomes, and assuming the required $100 starting bankroll and meeting the contest minimum of a $10 wager, here were the potential bankroll outcomes:
- $10 all show: $217
- $5 place-show: $197.50
- $10 all place: $169