Sorry if this has been covered in another thread but I did a search and couldn't find what I was after. I am testing a lay theory of laying field with the only loss occuring on the 2nd favourite. Can someone with a good database breakdown the stats of the 2nd favourite winning when compared to the favourite's price?

For example if the favourite's price range is <$2, $2-$3, $3-$4, >$4, etc, how often does the second favourite win? Also any stats on the price of the 2nd fav in those ranges to would be good for example if the fav is <$2 and the 2nd fav is $2-$3, $3-$4 or <$4 what are the stats etc.

If someone can provide this information I will share my findings with everyone, hopefully the system I am considering will have some legs. I feel that the key to this is in the staking used (assuming the percentages are right).

Cheers,

Mat.