My point is there was a lot of horses bet down to lower odds than most people (even those who liked that particular horse) thought. I liked Hold Me Back but thought 12/1 was ridiculously low but being the Derby I bet him anways. I didnt like him anymore because he was 12/1 instead of 25/1, which I thought would have been fair.
My question is how do you decipher which money bet on a horse is "smart money" versus "dumb money" before the race? It means nothing now that the race has been run. Anybody can go back and find reasons to bet a horse after the race. Theres not a horse in the field you couldnt have made a case for after the race. But that and $2 gets you a coffee at Starbucks.
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05-06-2009, 10:48 AM
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