Quote:
Originally Posted by CincyHorseplayer
It sounds vague without specificity. In all the examples there is no mention of expectation return per bet. It's a neat and tidy intellectual exercise without addressing the real goal. I learned it by being pissed off by actual returns. I got greedy and realized the theory flow is bullshit.
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So betting positive EV horses on top in exactas is vague? Boxing multiple positive EV horses is vague? Not reversing a top horse because of unknown EV in the second spot of an exacta is vague? The only theory involved is whether or not a bettor can identify positive EV horses. But that would apply to any bet that is made.