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Originally Posted by eurobounce
I never understood the philosophy of "beating the favorite." What does this mean??? If you think a horse can win then who cares if it is a favorite or not. I never handicap a race trying to find a way to "beat the favorite." I handicap a race and I choose the horses I think can win regardless of odds.
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To me, it means identifying a likely post time favorite that I think is likely to lose.. the bigger the favorite the better. In general, I usually apply this philosophy when making Pick 3 and Pick 4 bets. Obviously, when you can eliminate for beat a heavy favorite, that creates a lot of 'dead money' in the pool, thus boosting the payout.