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ImpliedProbability t1_jd4fil8 wrote

Reply to comment by krs1one1 in [OC] Gambling is a mug's game: How 4 different strategies panned out at one of the UK's largest gambling events of 2023, the Cheltenham Festival (more info in comments) by GoSouthCourt

They aren't. I've never met or heard of a single individual who either only backs the favourite, or backs multiple selections in each race based solely on price.

In conclusion: you're as clueless as the OP. Most random punters will have a look at form, names, trainers or jockeys. There is no-one who is purely looking at the prices like this data does.

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krs1one1 t1_jd51kr2 wrote

I mean, I only played poker professionally for about a decade and my best friend for that entire time WAS bookie.

But hey. What would I know!?

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