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Thread: Best Value
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Old 05-15-2015, 05:38 PM   #29
Robert Fischer
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Join Date: Sep 2006
Location: Maryland
Posts: 23,559
should say is not

Quote:
Originally Posted by Robert Fischer
You and I have similar general views here.

Given the "favorite-centric" nature of the parimutuel system, identifying a 'strong' favorite is not always enough to provide big value.

In basic terms - all that means is that when we pay out winning favorites - there are a bunch of winning tickets, So... paying out all those winning tickets and the track takeout spreads the 'jackpot' relatively thin.
typo
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