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Does the selection have to be the recommended price or better to be considered a bet?

Does the selection has to be the recommended price or better to be considered a bet? Eg 3 stars $2.00 SP is that considered a bet or not?

Taking odds shorter than our recommended prices is really up to your own discretion if they are only marginally shorter.
 

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Our approach to tipping horses is to be very selective in the races to have bets in and be mindful of the prices of the horses.