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Originally Posted by Dunbar
Disagree yet again. I don't have to feel strongly about a horse's chance to win when I bet it at 10-1. I just have to feel that the horse has more than a 9% chance to win the race. Similarly, I don't have to feel strongly about an 8-1's chance to win. If I think the horse has something like a 1 in 6 chance to win the race, I'll gladly bet it.
Taking that info and somehow hoping that they come in 1-2 is a major stretch.
--Dunbar
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Its not a major stretch if you look at the original post.
If
you really think the race is between two horses, it does
not really matter how the public tinkers with your assessment
as long as they disrespect it.
Thanks for your future updates.
Very interesting.