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Years ago I used to prefer large fields because there would always be a few longshots that would take way more money than they should. It was like a small "take reducer" for some of the serious contenders. Now, the pools are more efficient. I don't think it helps as much if at all.
An 8-10 horse field seems like the sweet spot for me now. It's large enough that some horse may get overlooked but not so large that it's going to take me extra time to handicap or take trip notes.
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