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#20
03-07-2007, 09:15 PM
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I just realized what is fundementally wrong with this study....
You have to use any horse over 10-1 that WINS or PLACES ( there will be two in some races ). As, if your horse wins you get the place money and lose the exacta. In other words, the horses that run out are irrelevent, as you lose $2 either way, but the ones that win and run second are relevent. Even though we are saying " how would I do if it just places " you have to remember you cash both bets if it wins. That is why my first sample was so skewed. 
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