The Spring Quarterhorse Meet at Remington Park 2011

The Spring Quarterhorse Meet at Remington Park has begun on March 2nd. The first few days have been devoted mostly to qualifying trials for the upcoming stakes races. The 2 year olds have been competing at 300 yards for the Oklahoma Futurity. The 3 year olds have been competing at 350 yards for the Oklahoma Derby.

This meet we're going to be keeping track of some of the statistics related to our success last year with side-by-side betting that we have concentrated on in the past. I'll also be looking in this meet for horses that will be hooking up as side-by-side pairs as well as three or four horses that may be hooking up to create a race within a race. We'll be looking for ways to detect these patterns. Hopefully, the frequency will occur often enough to make the patterns of this type betting profitable. I'll be reporting on this as the meet proceeds and I'll give you some statistics to show the results.

It will also be important this time to show how to preserve your betting capital by detecting those races to avoid. This is as important as finding those races that will be profitable.

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In the first 18 racing days of the 2011 Quarter Horse meet there have been 51 side-by-side bet results.  This is on average 2.83 side-by-side bet results per day. The average exacta payoff is $64.70. G R Carter was involved with either the win or place position of the side-by-side bet 17 out of 51 times. That's one third of the
time. Carter's average exacta payoff was $47.41. His highest exacta payoff was
$144.80 and the lowest was $7.80.

If Jimmy Brooks, and Larry Payne were included then 60% of the side-by-side bet
payouts involved these three. 6 out of 51 were Black Swan results. The average
Black Swan payout was $172.23.

The results for the first 17 days are found at this link.
http://billwinters.org/2011QuarterHorseMeet/SideBySideResults.pdf/

Previously in my blog for those unfamilar with 'Side-by-side Betting' here are
several articles about
"Side-By-Side Quarter Horse Bets"

http://handicapbet.blogspot.com/2010/03/side-by-side-quarter-horse-bets.html,

"Remington Park Quarterhorse Side-by-side Results"

http://handicapbet.blogspot.com/2010/03/remington-park-quarterhorse-side-by.html,

"Side-by-side Betting with Trifectas"

http://handicapbet.blogspot.com/2010/03/side-by-side-betting-with-trifectas.html,

"Side-by-side Betting with Ten Cent Superfectas"

http://handicapbet.blogspot.com/2010/04/side-by-side-betting-with-ten-cent.html and

"Black Swan Betting"

http://handicapbet.blogspot.com/2009/08/black-swan-betting.html

Side-by-side Betting with Ten Cent Superfectas

The payoffs for ten cent superfectas can be huge. In side-by-side betting with ten cent superfectas the wager is constructed as follows: assume that the horse you are keying on is the #7 horse then the bet would be 6,7,8/6,7,8/ALL/ALL. At Remington Park during the quarter horse meet there is a maximum of 10 horses in any race. The cost of the bet is dependent on the number of horses in the race.

7 horses $12
8 horses $18
9 horses $25.20
10 horses $33.60

This size bet can be handled by a modest size bank rolls so the risk-reward is well worth it.

Let's look at some results from last weekend.

March 26

Race 1 G R Carter on #5 - result 4,5 payout $469.83 cost $33.60
Race 2 G R Carter on #5 - result 4,5 payout $183.74 cost $33.60
Race 6 G R Carter on #4 - result 4,5 payout $190.31 cost $25.20

March 27

Race 1 G R Carter on #6 - result 6,7 10 cent super $173.18 cost $33.60
Race 7 Larry Payne on #2 horse - result 3,2 payout $216.77 cost $33.60

To check these results go to http://equibase.com

Side-by-side Betting with Trifectas

In my previous articles I have shown how to structure a side-by-side bet using an exacta. Let's now extend this to a side-by-side trifecta bet. Why would we want to do this? Because the trifecta payouts are much larger and more profitable. Let me give you an example from last Friday, March 19. In race number 3, our side-by-side bet keyed on Larry Payne who was riding the #7 horse. Our exacta side-by-side bet was to box 6,7,8. The cost for this $2 exacta box was $12. The result was 8-7 with Payne placing. The exacta payout was $85.60.

The trifecta side-by-side bet was structured as follows: 6,7,8/6,7,8/ALL. There were 10 horses in this race so the cost of this $2 trifecta bet was $96. Since this size bet is usually out of the range of many bettors bank roll a $1 trifecta for the same bet was $48. This $1 trifecta paid $905.10. The minimum trifecta bet at Remington Park is $1. This turned out to be a 7-1 return on the exacta and a 19-1 return on the trifecta.

With a large enough bank roll to manage these size bets the return can be very rewarding.