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Using Place, Show, and Exactas to Back Up Your Bets

While I advocate win bets as the best way to wager on horse races in many situations, I do agree that there are times when backing up a bet is a good idea. That usually occurs when you’re wagering on a longshot and think there’s an excellent chance that your horse at high odds will at least finish in one of the top three positions. That means your longshot will hit the board and when it does, you want to cash a ticket on that runner to validate your handicapping skill and opinion. The problem is which way to back it up?

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