Not off track but spot on Mark. We are offered the odds by the bookmaker and they will always be "under" where they should be to start with. If there are too few bets to balance the books then the bookie lengthens the odds to attract more money on runners he's not holding big on.
Its simple you either accept the odds on offer or you don't, the trick is how well you accept them eg. each way, win only and what amount? What profit forecast?
Whats the best form of win and place betting in your mind?
Win
Each Way
1/4
1/3
1/2
Place only