28th August 2012, 06:35 AM
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Member
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Join Date: Dec 2009
Posts: 217
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Quote:
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Originally Posted by UselessBettor
I think those at $10 or more will be a greater loss due to the fav long shot bias which exists on the tote. But I'll check that price range for you.
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UB
Can you explain your statement for me about the favourite -- longshot bias on the tote.
I understand the Favourite part but the longshot intrigues me. Do you have definite figures or is it just that you have ancedotal evidence that this is so.
It is something I have never thought off, so it is quite interesting.
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