Betting Strategy

[dalakhani]

Originally Posted by miraja2

In the example you used here the horse in 2/5, so I agree that a win bet is probably not a smart bet. However, I will say that I think some people are overly eager to rule out ever betting on an odds-on horse. Sometimes, you can actually find value in these horses.
If you see a horse that looks like a 1/5 shot to you, and the horse is 4/5 on the board, why not bet it to win?

I have no problem with this rationale.

Heck, in a short field in the right circumstances, i think bridgejumping is a good bet.

In this example he gave a 2/5 likely winner in an 8-10 horse field. Unless you can find something underneath at a price, I would just skip the race.