Can a consistent long-term profit be acheived in horseracing markets?

[Bobby Fischer]

Originally Posted by Bobby Fischer

Race2 Belmont $2 place #5

win, return $3.00
new bankroll = $1112.25


Comments: seemed like a great value play. Expected $3 back in the place pool on the 6/5 shot. #5 was full of juice, recently gelded and well bet and faced 4 entries. His main rival was not recieving lasix. Didn't want to invest in a 2yo first time starter race, hence the "fun" size wager.