Re: Multi-Race Bets (559 Views)
Posted by:
MO (IP Logged)
Date: November 01, 2004 09:10AM
OK, I'll give this a try. Cashing a big pick 6 can be a life changing event as it was for me in 1992. No, you can't retire on $133,000 but as a pro handicapper who tried grinding out a 2% profit year after year, often just breaking even, the pick six did the following for me:
1. Got me out of debt ($20,000)
2. Put nice furniture and other things in the apartment.
3. Got a decent car.
4. Afforded me the opportunity to travel to many race tracks seeking a better paying job than my then current gig at NYRA.
5. Got me hired as a race track TV and radio host in New Mexico which led to many other opportunities and endeavors in racing and music across the country.
In 2000 I retired from playing the horses professionally (another story) and only occasionally play races like the Derby, BC or a few days at Monmouth. My pick 6 investment of $32 on Saturday represented less than 10% of my bankroll for the day.
As a rule, I don't play the pick 6 anymore. There are other ways to make a big score WITHOUT HAVING TO DEAL WITH AN IRS AUDIT at the end of the year. And my lifetime profit betting horses remains intact. See you next May and best of luck to everyone!!
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