Ive opened it up a bit in the last week as my bank has increased as Ive looked at the results and slowly taken it out. My minimum price is now $7 and max is $40. I found all the shorts were just going nowhere and sitting on breakeven or a small loss after commission...

I came to the conclusion that the fav-longshot bias actually worked if you stick to this method and go for the longer priced horses. I still make a good profit in the $7-$20 range, but anythign under $7 is not worth it.

If you check your results you should see a similar pattern.