The first rule of winning at horse racing is obvious, that’s to make money when you select a winner.  Not to figure out a way to lose money with a “clever wager”.  Interestingly, many years ago a simple study found that the simple win wager was the best wager for the small bettor.  The reason the simple win bet is a bit of a problem for the large bettor, has to do with the smallish size of the pools – so a big bettor could conceivably drive down their own price when attacking the win pool….

IF you like a horse and it wins, you should collect some $$$ right there and then…