Preakness, conditionally

WagerMate doesn’t recommend any Preakness bets, so like I did for the Kentucky Derby, I’ll just be making some small fun bets.  Here’s an excerpt from the Contenders Report:

WagerMate indicates that I’ll Have Another is the most likely horse to win, with an 18% chance of winning.  But notice that the horse’s ROI is 63%, meaning that, on average, if this race was run 100 times, you’d expect to lose 37% of the money you bet.  Good horse, bad bat.

I’m going to take WagerMate’s advice and bet to win on Creative Cause and Daddy Nose Best, because they both have ROIs that are better than break-even (more than 100%).

I’ll actually use even more of WagerMate’s advice — I’ll be making conditional bets, based on  the Required Odds in the Contenders Report.  The Required Odds are the odds you need to get in order to have a good bet.  So, I’ll take Creative Cause at 6/1, and Daddy Nose Best at 8/1.

I will box 6,7,8,9 in an exacta.

I will spend $19.20 on this 10 cent superfecta: 6,7,8,9 with 5,6,7,8,9 with 5,6,7,8,9 with 5,6,7,8,9,10,11 for $19.20.  That combines WagerMate’s picks with some less-likely horses I like in fourth (continuing the theme “combine WagerMate’s picks with your own work”).

Good luck!

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