Quote:
Originally Posted by Dave Schwartz
What does it mean?
It means that the days of just picking longshots with no regards for how strong the low-odds horses are or aren't and being competitive are pretty much over.
It means that if you are going into a race with an idea that sounds even remotely like, "I just pretend that all the horses under 8/1 are not in the race," you are done before you get started, because the low odds horses are going to pound you.
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Was there ever a time when the bettor, who "pretended that all the horses under 8/1 are not in the race" ...WASN'T done before he got started? When was such a bettor ever profitable?