Quote:
Originally Posted by thaskalos
Many years ago, I read in a Dick Mitchell book that ANY horse is a profitable bet in a race where the favorite loses. This made mathematical sense to me...and I decided to give the idea a serious tryout at the betting windows. I went bankrupt in a month and a half...even though every favorite that I bet against lost. |
Seems like you should have just bet ALL the other horses. If every favorite LOSES, you have to win. Of course that is assuming you have a good handle on the off odds and can weight the bets properly.
