The Importance of Lowering Takeout in Horse Betting

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My column from New Year’s Day drew so much reaction I thought I would follow up on it. If you did not read it, I compared the mentality of a sports bettor with that of a horseplayer. A sports bettor is happy to bet into 11 to 10 odds. Meanwhile most self-respecting horseplayers will almost never make a straight bet on the favorite.

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