Quote:
|
Originally Posted by cj
I usually like him, but he says that field size has no effect on the percentage of wagering favorites. He still thinks the favorite wins 1/3 of the time. He can't be this dumb, right?
|
I used to think that the escalating winning percentage of the favorites was attributed to the shrinking field sizes too...but Dave Schwartz straightened me out.
As it turns out, the fields, on average, have not shrunk as much as one would think.
Dave thinks that the "whales" have more to do with it...and I'm beginning to think that he is right.
