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Originally Posted by robfla
who on earth would bet on the Kentucky Derby with still over 6 months to go? No wonder these casinos make tons of money.
sucker bet
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Depends... by far my most satisfying win ever (and close to most profitable) was Smarty Jones at 150-1 in January when I KNEW he was the best 3YO in America. The casinos learned a lot from that though (by all accounts, they took a beating on him winning)... horses that would normally be 100-1 or 150-1 after an impressive win are now 50-1 or less.
It isn't something you place your stake on but for 1/2 or a normal win bet, it's an entertaining proposition.