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Originally Posted by Cajungator26
Doesn't make a damn bit of difference what his odds are... you either like him to win or you don't. If he was 30-1, would you like him to win? LOL
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I couldn't disagree more. Making money betting horses depends very strongly on how accurate is your assessment of any horse's chances. If you only bet horses whose odds were higher than their chances of winning you would be a huge winner in this game.
The simple fact is that Showing Up's odds will not reflect his chances of winning. Not even close.
If he was 30-1 I would make a huge win bet on him. His chances of winning are certainly greater than 3.33%. What I don't believe is that they are substantially greater than 10%.