Bet with The Best Podcast

Bet With the Best Podcast E5

Episode Summary

In this episode of the podcast we talk with professional horseplayer and author of the book "Betting With an Edge," Mike Maloney, about his approach and insights into betting on horse races.

Episode Notes

Highlights/timestamp for Bet With the Best Podcast with Mike Maloney 

1 – Origin story

26 – Changing with the game

41 – What’s my edge 

45 – Leveraging edge while reducing variance

51:30 – Daily limit and bet sizing

55:50 – Guardrails

1:06 – Inside out bet construction

1:19 – Verticals

1:26 – Horizontals

1:33 – Rebates, pricing, and decreasing handle

1:52 – Tote Security issues 

2:26 – Improving the racing product

2:34 – Fixed Odds

2:44 – Promoting racing

2:49 – Carryovers

2:57 – Big day cards

3:01 – Betting the Derby

3:09 – Can’t stand prosperity

3:12 – General advice for players

3:28 – “Visible” winners

3:33 – Real-time Bet Example