Place Vs. Fave/Long Exacta Running Tab

[Dunbar]

Originally Posted by blackthroatedwind

This is an absurd mentality. What does " if " mean? If some of those ridiculous big priced horses at Gulfstream hadn't won, or had run second to the favorite, the exacta would have been substantially higher. " IF " is absurd to use.

That's correct. However, when the difference after 250 bets is less than many of the individual exacta payoffs, you can be reasonably sure that the result is statistically meaningless. If one side or the other had finished ahead by 3 or 4 exacta bets, we could at least say that the result supported one side or the other.

--Dunbar