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Strategies & Market Trends : MOON TRADER
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To: cycleupcycledown who wrote (798)6/6/2014 5:32:04 PM
From: Jack of All Trades   of 808
 
Ya, $2.00 Exacta California Chrome / ALL will cost $20 (11 horse field), will probably pay just over the $20 unless a very long shot comes in, even if a 50:1 comes in you won't even make 10% as everyone will doing the same bet. You would have a greater than 10:1 risk vs reward.

In the Preakness it paid $18.40 for a 10 horse field, so to buy a California Chrome / All ticket cost $18.00, that bet paid a whopping $0.40 profit per $2 or 5%
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