I found this “Pre Ed” photo of my jump masters and me from my skydiving days while transferring our VHS tapes to digital and thought it would be fun to share a part of my life that was truly amazing and how this experience has stayed with me throughout.
A lot of people perceive that when someone is involved in a sport such as this, mountain climbing, hand gliding or base jumping, that the person must have a death wish and I can say that the opposite is true.
There is nothing like being under canopy taking in all the surroundings, seeing the horizon, the square cut pastures of land and birds in flight as you sail past. An adventure I shall always cherish, not unlike the ride we’ve been on together even though we haven’t yet reached safe altitude of 10,500 feet to take the full plunge, at 20% on average return on our investments, we’re climbing fast.
While in the process of sharing about our venture in order to fill Zen’s remaining open shares to properly fund our betting bank, I’ve decided to take this time to not only explore, but also to build into making larger bets.
As previously mentioned Ed was the “Win” bettor in our family, and this income stability afforded me the opportunity to figure out how to successfully wager exotics. Though since Zen’s stability rides on a similar foundation of 70 to 75% of our wagers should be placed on win, place, show and daily doubles, I have to work on switching mindset to not only make more of these types of wagers, I have to bet big, and honestly betting big on win, place, show wagers doesn’t come easy for me.
I believe the reason is that when I’m taking the plunge on an exotic bet it’s because I see something with excellent odds and I’m landing in a race that I perceive the favorite to be vulnerable. Though my perception isn’t always correct which has become an acceptable part of making these wagers, when I do plunge into a race, I’m covering the odds horse in every way. As an example say I have a 20/1 shot that I believe will come in the money, then I not only have the horse on top and bottom in exactas with all, I’m also going after tris placing the runner in 3rd and 4th in supers and this usually takes a lot of money however when hit, the payouts can be massive as all of us have already seen when we hit the $12K super last year at Woodbine. Betting a lot of money this way doesn’t worry me because I feel that I have this 20/1 shot covered so if this horse does come in then we cash.
On the other hand a good portion of our win, place, show, and daily double bets are Not going to be 20/1. More like 3/1 ($8 return) or 5/2 ($7.20 return) and to make money betting this way it’s imperative for us to bet Large and just as important to bet the runner where we believe where they will come in, win place Or Show and I’m going to use an example from our most recent week to share what I mean.
I bet $500 to show on the 6 horse at Aqueduct in Race 5 on 3/5/22 which was a large bet for us and part of increasing our bet size per race, HOWEVER the 57% show was the reason why. Even though this horse Won and went off at true odds of 2.25 or 2/1 that paid $2.70 to show, our venture is about cashing where we perceive things will unfold. Again nothing ever means that our betting decision is precise, because it’s about winning AND cashing and to make sure we stay according to path, it’s imperative to abide by statistics and what they relay.
In closing I wish to share a story. Way back when Ed and me lived in Maryland, we went to live racing as much as possible. Because of Ed’s growing notoriety in the 90s we often had racing enthusiasts introduce themselves and one guy in particular that we met complained heavily about a horse named Ten Keys. Though before my time in racing, Ten Keys was a claimed horse by trainer Michael Pino who went on to win multiple stakes wins. I can’t say exactly what Pino claimed the horse for because this was so long ago however my recollection was he claimed him for $10K.
Any how, this handicapper complained constantly about Pino and Ten Keys saying that this horse would have won much more because of yada yada yada. And at the time I wasn’t in the place that I am now with betting so I didn’t fully comprehend his complaining and just knew that this was a complaint because Ed had said so. The complaining consisted of this handicapper saying that “If Pino did this” OR “If Pino did that” that the horse would have been better. Yet I do recall that after the claim Michael Pino won over a million dollars with this horse.
What has stuck with me all these years, after this and also after witnessing Ed becoming the successful handicapper that he was is “None of Us know precisely what is going to unfold in Any race” and if you decide to enter And You Cash, that This IS successful. So why complain about what “could of or would of” been. You cashed. You made $. And this is truly what all this is about.
One final note. I’ve had what other players view as professionals say that they would Never Ever tell what they were betting, before or after and have even been told that I was being brave letting it be known what I actually bet. And my response to this is, If You understand statistics and apply these accordingly, win or lose which Will Happen, the end result is what matters. And if you can show a profit, consistently and overall, that this is a truly amazing accomplishment.
Yes, you can ALWAYS arm chair quarterback and see things clearly “After the Race” HOWEVER it’s before the race and the decision that you make that Really Matters. AND if you can show in the long run that your decisions ARE profitable, then this is All That Matters.
And this is where we Are today 🙂