Quote:
Originally Posted by hpollock
Did anyone watch the Cox Plate over the weekend? Sir Dragonet was crunched 15 minutes out from the race when a $200k bet was matched on Betfair halving the quote of the horse from $14's into $7's. It was an amazing betting spectacle as the horse duly saluted. I have two questions:
1) What in the form guide caused this horse to be backed so heavily? The horse had been beaten by 1.5 lengths two starts prior at Curragh by Buckhurst. Buckhurt also raced in the Cox Plate, but unbelievably SP'ed at $30 (double the quote of Sir Dragonet).
2) Who placed this bet? There was some suggestion that it was a UK syndicate. Other players who would be capable of having a bet of this size in Australia include Zeljko and Dr Nick.
|
And it looks like these 3 stooges (and probably many others) are still scratching their heads trying to figure out why an obviously well-intentioned horse won that race. And it’s not like anyone was trying to conceal their beliefs either by betting that kind of money at 15 minutes to post. There was plenty of time for any rational individual who witnessed this type of betting to jump on board!
The sad thing is how handicappers continually underestimate the value of money. They get so caught up in their own personal interpretations of the past performances that they can’t see the forest for the trees. Someday it might occur to them that the insiders have far more valuable information about the horses in their care than anything found in the past performance data.
