Opening day Keeneland 2012 Fall meet posted by Johnny Matheis
One is never sure about the odds the public will choose. I will give the odds as a combination of what I think they should be and what they probably will go off at. I may think a runner is a 15-1 long shot, but he may have big names and money, so even though I figure he'll go off 4-1, I will split the differece and call it about 8-1 or 12-1.
It's important to look at the odds. You don't want to bet a large bankroll at 2 minutes till post, because you're betting down your own odds. You're actually picking your own pocket for others to take your money. But you still want an idea of the odds. 8 minutes till post is a comfortable margin. When I give picks, look at the odds. If the odds are much lower than I give, it isn't a good bet.
For example, in the second race I consider number 8 AT THE FINISH a strong bet at 2-1, but I myself wouldn't bet it unless he was 5-2. If he's 3-2, he shouldn't be bet at all. He may win, but he doesn't win this race 2 times out of 5 (barring scratches).
If my second pick, Number 10 SWEET JODY, whom I list at 10-1, goes off at 26-1, I would probably bet on that one. I will be busy working, and taking your bets at the window, though, so it's your baby.
Incidentally, if you do come to a window whie they're loading the gate, to bet a hundred dollars, don't be surprised if our machines jam. We're used to thieves who do this to steal from us, simply making the bets without paying, and the race runs while they argue, then they don't pay up if their horse loses, and we're paying to work.
Which is why I only take small bets at post time. Only an idiot or a thief bets his odds down at post time.
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