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Originally Posted by tector
I think you guys are dating yourselves a bit here. For example, look at Saturday's betting.
On track $4.2m
Off track $14.7m
And how much of that $4.2 is the "idiot" money--maybe half, at best? (I think quite a bit less, actually).
Sorry, out of $19m, $2m of dumb tourist money cannot push the odds around that much (you also have to consider that some of the dumb money is going to wind up in the right spots, if even for the "wrong" reasons).
It is 2009, guys, not 1989.
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While I completely agree with you I wouldn't think it's ridiculous to say that the same foolish dollars that will be bet on MTB because he's the Derby winner on-track won't also be wagered at simulcast facilities.
He's going to be a woefully short price relative to his chances of winning IMO.
NT