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Originally Posted by hi_im_god
133.35% on that morning line.
A real line would be 100% minus takeout.
They never seem to make anyone 99-1 as they should. It's a shame that one of the most important races of the year gets a completely bogus m/l. I think this is one Derby tradition we could do without.
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For a 16% takeout, the odds, converted to probability with Prob=1/(1+odds), should add to 119%. I'm calculating 136% from this "ML", which would be fine if the takeout were 26%!
If he kept it to 119%, he'd have a tough time making Curlin and Street Sense so low.
--Dunbar