Quote:
Originally Posted by pandy
I agree. I bet a lot of big longshots and many of them finish 2nd.
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The question is not whether big longshots finish second but whether the probability of them finishing second are reflected in the payoffs. In my not so recent research I found that lower odds horses were underplayed in the underneath slots of verticals and longshots were overplayed. Doesn't mean it happened every time but far more often than not.