It turned out that the 13-11 exacta, which was the absolute logical bet ,( in addition to a Nyquist win bet,) paid VERY well, considering how huge the exacta pool was with that combination obviously being the biggest one. It paid $30.60!!!! I would expected, having seen tens of thousands of races, and been very accurate in predicting unknown exotic payouts, that the exacta would’ve been $10 or $12. THIRTY bucks is a gift that doesn’t come along too often, for such a no-brainer type of bet made on the only two horses that were bet heavily.
I would have been much happier if it had been 11-13. I had $5 on it so it paid $76.50.
The biggest exacta I ever hit paid $1147.00. I typically don’t bet exactas. I consider them to be sucker bets. I did this time because I went to the track just to bet the Derby. And like you said, if you box a few horses lots of time even if you win the pay out will be less than you bet.
When I say I bet $5 I actually boxed 3 horses so the bet cost me $60. I only made $16.60 net. But, as they say, it’s better than a kick in the .........teeth.
WPS is the way I usually go.