Winner without bet

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Most tickets are losers, but enough are winners to make it worth his while. To his stable of OTB buddies, Mr. Leonardo is the Secretariat of stoopers. Stoopers have a relationship with horse tracks that goes back to the advent of parimutuel betting in the early s. There is an unwritten code in racing that says stoopers are tolerated as long as they are not perceived as harassing or stalking customers. Leonardo, who is married with two teenagers, is hardly living on the fringes.

Last month, he cashed in a winning ticket from bets made on races at Santa Anita Park in Arcadia, Calif. It is all taxable income. Leonardo said in his thick Dominican accent. Freddy Peguero, 53, a short-order cook from Manhattan, rooted for Mr. Leonardo to scan a winner one recent afternoon. Jesus is a very generous man. Leonardo, who lives in Wanaque, N. In , he walked into that same OTB parlor in Midtown and placed a bet.

He watched the race, was sure he had lost and threw away his Pick 3 ticket. Betting Without Strategy and Tips One thing to consider when assessing the merits of the betting without market is whether you might simply be better to back your horse each way in the standard race winner market. This can be particularly worthwhile in National Hunt racing when even red-hot favourites sometimes fluff their lines and fall at a fence or unseat their rider. For some people, the difference in potential profit makes it a risk worth taking in such a scenario, but those who are a little more risk averse might prefer to opt for the without favourite market, which effectively gives two bites at the cherry to win the bet: either by winning the race outright or by finishing second to the favourite.

As always with horse racing betting, it is a matter of doing your research and trying to ascertain when a second favourite or another runner in a given field is overpriced. In this situation you could find a decent chunk of value in the without favourite market when you assess your runner to have a strong chance of either beating everyone or, at the worst, losing to the specific horse excluded from the bet.