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Thanks Bill,

I took the 2 horse method, which in my opinion you are the best at, and adapted it to a "Hedging Method".
This is what I do:

I have 2 choices for each race.
If any of the choices fall below 7-2 odds, I will hedge that horse so that it is at breakeven for the total
amount bet on the race. This allows me to bet more on the higher odds horse and more or less get a free bet
unless both horse lose.
Let's assume that one of my horses is 2-1 and my other choice is at
4-1 and I wish to bet $10.00 for the race.
You will notice that my lower odds horse is close to a breakeven
or slighty on the plus side for the amount which I'm investing.
My higher priced horse has the greater percentage of my bet.

In the worst scenario Both horse lose and I lose $ 10.00
However, if my higher priced horse wins, I would get back $30.00
on my initial $ 10.00 bet.

See Picture Below

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If both horses fall below 7-2, I pass the race.
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If one horse scratches and the other horse is 7-2 or better
I bet 2.5 times the amount on place then I would for win.
Ex, $ 4 win and $10 Place.
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--Way to hit em Parts!!

Parts,GREAT JOB.Jeff