Another way to explain it in "horse odds" lingo:
To Win: $100
Must Bet: $185
Horse Odds = $100 / $185
= $.54 to $1
I have a question....
If you take Bernidini and he scratches, I assume "No Action." What happens if the "field" has one or more scratches including, say, BG Cat?
This isn't really my thing, but if you think Bernidini is going to be 1/2 or less and you are protected if he scratches AND your action holds in a short field if BG Cat scratches, then it's fairly interesting.
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