How Often Does the Fastest Horse Win the Race
If the fastest horse always won the race it would be impossible to take bets on the race because no one would bet against it. By fastest I mean the horse that showed more speed in previous races. That brings up the thorny problem of how you actually figure out which horse is faster. Handicapping horse races is an intellectual sport, similar to chess and other games where you pit your skill at accessing situations against your opponents. In this case the opponent may be the other bettors when it’s pari-mutuel betting or the house if you’re betting at a sportsbook or bookie where they take your action and then pay out the odds that they set.
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