The Pick 3 and the Pick 4
William T. Ziemba
Chapter 12 in Exotic Betting at the Racetrack, 2019, pp 191-213 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
The following sections are included:Theory of pricing the betsThe Pick 3 at the 2014 Belmont StakesThe Pick 4Example of Pick 4 with embedded Pick 3’s and Doubles: Travers Day at SaratogaPick 4 Example with the multiple tickets approach: Opening day at Belmont Park, September 10, 2011The 2013 TraversThe Pick 4: why you need to go to score 8The Pick 4 on the Whitney
Keywords: Efficient; Inefficient; Racetrack; Betting; Market; Exotic Betting; Race; Handicapping; Strategies (search for similar items in EconPapers)
JEL-codes: A1 C1 L83 (search for similar items in EconPapers)
Date: 2019
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