Bridge jumper on Zenyatta

[Bobby Fischer]

terrible value / tempting gamble

say the horse has a 90% chance to show
hit% = 90
payout = $2.10
Value = .95 (lose 5cents on the dollar over infinite # wagers)

a fair 3-1 shot going off at 6.5-1 offers TWICE the value
hit% = 25
payout = $15.00
value = 1.88

Bridge Jumping is a losing long term investment.


However you do have a 90% chance of getting 5% interest on your money.
For some that would be a tempting Gamble.