Quote:
Originally Posted by KingAnon
Why don't people bet on races with less horses instead of races with more horses?
On the surface, you have a much better chance of winning something in a race with 4-6 horses than a race with 10+ horses.
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any reseach will show that horses win according to their odds with biases for short price horses. (the game is unprofitable for most of us mortals because of the track take out)
the public's final odds determination is profound.
they adjust for may factors, not the least is field size.
the horse may be even money in a 4 horse field, but will certainly go up in odds in a larger field size.