Quote:
Originally Posted by backdoorghost
CC was the most likely winner IMO because there was no other horse that I could give such a designation. But he was a huge underlay, since I thought he should have been 5/2 ish. But whatever. My opinion is irrelevant regards to my my estimation, but of course the general case is true.
If anyone can identify a .85 favorite like CC and you genuinely can project a horse as a more likely winner, you will make huge amounts of money.
The stats you stat are not very relevant. If Secretariat in his prime were to be reincarnated, it would not matter whatsoever what the average odds and how long since the triple crown was won. He would destroy that field, period (assuming he was sound and ready)
The Belmont as an object lesson. In order to make consistent profits in horse racing, you must find dead money to overcome the rake. Sometimes that shows up in an over bet favorite.
S.V.
What do you mean the stats I state are not very relevant? The Belmont in recent years is a race that produces winners with big odds. I don't know how a stat like that can be "irrelevant". The data is below, PT favorites in the Belmont simply do not offer a positive ROI. So by you saying CC was the most likely winner because you couldn't come up with another horse, doesn't mean that he is the most likely winner or the smartest bet. 4/5 as the PT Fav or 3/1 as the PT fav I was always betting against him. So I'm very confused when you say "The Belmont as an object lesson. In order to make consistent profits in horse racing, you must find dead money to overcome the rake. Sometimes that shows up in an over bet favorite." And then go ahead and say CC was the most likely winner. The favorite in any race is never the likely winner let a lone the Belmont.
Now let's take your Secretariat example... Or any horse who in the near future turns into a super horse and runs over the field in the TC...When and if that does happen it certainly doesn't take away from the data... The data shows that in the last 9 years no PT fav has won... So if one wins next year or soon after that, does that change anything? Not at all. A PT fav will win the Belmont again sometime in the near future but if you want to turn a positive lifetime ROI on the Belmont ... Then you would be smart to stay away from the PT favs.
2014 Winner - Tonalist (9.20/1)
2014 PT Fav - Californa Chrome (.85/1) Finished 4th
2013 Winner - Palace Malice (14-1)
2013 PT Fav - Orb (2-1) Finished 3rd
2012 Winner Union Rags (2.75/1)
2012 PT Fav - Dullahan (2.50) Finished 7th
2011 Winner - Ruler on Ice (24.75/1) ***I hit***
2011 PT Fav - Animal Kingdom (2.6/1) Finished 6th
2010 Winner - Drosselmeyer (13/1)
2010 PT Fav - Ice Box (1.85/1) Finished 9th
2009 Winner - Summer Bird (11.90/1) ***I hit***
2009 PT Fav - Mine That Bird (1.25/1) Finished 3rd
2008 Winner - Da'Tara (38.50/1)
2008 PT Fav - Big Brown (.30/1) Finished 9th - DNF
2007 Winner - Rags To Riches (4.3/1) ***I hit***
2007 PT Fav - Curlin (1.10/1) Finished 2nd
2006 Winner - Jazil (6.2/1)
2006 PT Fav - Bob and John (4.7/1) Finished 8th
2005 Winner - Afleet Alex (1.15/1)
2005 PT Fav - Afleet Alex (1.15/1)
2004 Winner - Birdstone (36/1)
2004 PT Fav - Smarty Jones (.35/1) Finished 2nd
2003 Winner - Empire Maker (2/1) ***I hit***
2003 PT Fav - Funny Cide (1/1) Finished 3rd
2002 Winner - Sarava (70.25/1) ***I hit***
2002 PT Fav - War Emblem (1.25/1) Finished 8th
2001 Winner - Point Given (1.35/1)
2001 PT Fav - Point Given (1.35/1)
2000 Winner - Commendable (18.80/1)
2000 PT Fav - Aptitude (1.75/1 Finished 2nd
Two PT Favs in the last 14 years have crossed the line first, so if you want to be on the side of the public on belmont day then you will never turn a lifetime ROI.
Just so people know I'm not red-boarding here is my Ruler on Ice ticket... The other times I hit the Belmont were prior to me having an iPhone so I don't have images of the tickets.
Last edited by BBB624; 06-12-2014 at 12:33 PM.