What Does Buy The Rack Mean In Sports Betting and Horse Racing Wagering?

by Doc's Sports - 10/11/2014

In horse racing, when you buy the rack you buy every possible combination of a daily double or similar bet. A daily double is when you have to pick the winners of two races in a row - typically the first two races of the day. So, if there were eight horses in each of the first two races of a card, then to buy the rack you would buy 64 different combinations of bets.

There is good news and bad news when you buy the rack. The good news is that you are absolutely guaranteed to cash a winning ticket. You have every possible combination, so you can’t lose. The problem, though, is that most of those combinations will pay less than the cost of your ticket. If two long shots were to win the two races then you might be able to make money, but most of the time you will cash a winning ticket and still lose money. Not ideal.

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Big bulk betting approaches like this one are only rarely a good idea. The biggest problem is that within the combinations you buy are several bets that are just not very good ones. They aren’t likely to win, and are not bets with good value. You would be much better off just buying the combinations that you like. It would take more work because you would have to buy a bunch of individual combinations instead of just making one big group bet, but the cost savings will be worth it.

One reason someone might buy the rack is a shady one. If you buy every ticket before a race is run you can quietly throw out the losers when the result is known and show off your winning ticket for everyone to see. You can put together a pretty nice winning streak that way, and impress suckers by doing so.

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Pick:	KANSAS CITY CHIEFS -5.5
Start:	December 15, 2024 @ 1:00 PM
Expert:	Doc's Sports

Analysis:

Free Play from Doc’s Sports. Take #465 Kansas City Chiefs -5.5 over Cleveland Browns (1p.m., Sunday, December 15 CBS) The Chiefs keep winning games and sooner or later one of those wins will come by a comfortable margin. I look for that to be this Sunday against a Browns team that is just playing out the string. Cleveland currently sits at 3- 10 and will enter this game having lost 4 of their last 5 games. Their only win came against Pittsburgh in a snow game on a short week. All 4 of those losses by the Browns have come over the posted number for this game. Kansas City is better on both sides of the football, and I just do not see the Browns offense keeping pace. Do not miss out on Doc’s Sports Weekend card featuring top plays in basketball, football, and hockey. We will feature our World-Famous Nonconference Game of the Year in College Basketball on Saturday. This game has won 13 of the 15 years it has been in existence and it is a must have for any big game hunter. Read More Read Less

What Does Buy The Rack Mean In Sports Betting and Horse Racing Wagering?

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