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I would think, when everything is taken into account, a bot could see a 7/5 horse and determine it should be Even. As far as it's concerned, it's 40% overlayed. Maybe some handicapping is going into that. I hope so. If there is a computer program that can make sense out of the chaos that is a horse race, it is buried deep in some hillside at the 60th parallel. These guys make their money off rebates, not winners. Sucking value gets them to the 95% winnings/$bet, and the rebate takes care of the profit. If they could mechanically pick winners with any regularity, these guys that bet 100s of millions a year would be winning even more hundreds of millions a year.
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