It's a morning-line on a pari-mutual bet - not book odds.
I suppose I can understand pool #1 being limited to 23 betting options with a field so someone can load up on the field early if they want ... but to make this wager more attractive the betting options should be at least 98 different horses with the 'field' being the 99.
The process of handicapping which 98 horses to use as individual betting interests shouldn't be that hard.
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