hopefully a bit more on the logical section
in any case i disagree with those statistics.
if 80% were either naive or superstitious - why is it so hard to win.

IMHO i regard the average punter as quite astute in their judgement as reflected in the fact that there is only a slight loss on favourite backing.

if there were 80% no idea then i expect that the winning ratio of favourites would be much lower.

what do you reckon