Another Pitsburg Phil maxim...

"I picks them to win & backs them to Place."

Now, in the USA, the Place market means 1st or 2nd only & some good divs are to be had
Just have a look at the TAB divs in Aust where only 2 divs are paid on a race

US Show market - means 1st-3rd

He made a fortune betting the horse to run 1st or 2nd (US Place market)

Aust punters could be easily confused that he was betting into an Aust type Place market, where 3 divs are usually paid, where divs are a lot less.

I feel Pittsburg Phil would be struggling to make those profits on the Aust type Place market where 3 divs are paid, where it pays a lot less.

Maybe it could be an interesting exercise to target races where only 2 place divs are paid, to see if it could be more profitable to go that way.

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Cheers.