Finally we get to the most popular forum of gambling in this country: football! For some reason, this sport has attracted people from all walks of life and in fact the Super Bowl itself is said to attract billions of dollars, in bets, on that game alone.
Monday night football is a staple, so naturally Thursday night games are beginning to take hold. Do you really think the majority of people who watch these games in person, or on the tube, don’t have a dollar or two wagered on the outcome? If you ever wanna see brown hair turning gray before your eyes or ulcers developing in a matter of minutes, visit any sports book in Vegas during the final moments of a game. Bettors are glued to the set, screaming, sweating, swearing, and pleading for such and such to happen.
These are not fans. They are gamblers who have either taken or laid the points, wagered on the over or under or have a bet on a proposition side bet. Then of course there are the league officials who sit in a congressional hearing and are dumbfounded if someone suggests that bets are being made on “their game!”. “Good grief, Senator, I didn’t even know there was a point spread on our games! I doubt if even 1 percent of the people watching our games even think about betting on them!”
The good Senators then reply: “Yes, I guess you’re right! I doubt if anyone really does bet on football games or any sports event. Let’s get to more important things! Where do you wanna have lunch and dismiss my upcoming vacation to Las Vegas?”
Maybe you missed the comment previously but it was this, “I do not bet on every race and sometimes only on a race that tickles my fancy.” I realize many of you use a day at the track as an entertaining outlet and want something going on every race. In my youth that was very important. As the years passed and the losses mounted, it was obvious that it was impossible to get a return every race.
The lure of the daily double was the only “exotic” bet in those days and when the “exacta” entered the scene for a few races each card, the floodgates opened. The potential of big pots is what most attracts fans to the windows. There is every type of daily double, trifecta, exacta, and pick 6 to warm the heart of every player.
I do not bet trifectas. If only one horse is a stand-out, I’ll spread my bets over win and place. If I like a horse to win, I sure think he’ll place. Watching the tote board allows me to spread my bets, so as to take advantage of the odds.
I will bet less win and more place on a 5-1 or higher horse. If my choice is anywhere from 4-5 to 9-2, my bulk of the bet will be on the win, with the place as a backup. When a horse drops under 4-5, I pass, as the value of the bet has decreased.
If I lose on that sixth race, I revert to the $40 predetermined amount on the next race.
Is there a need for money management at the races? Is there a need for water in the desert?