The article brought back memories of Miff's opinions regarding the contest when he used to post here. See, e.g., [www.thorograph.com
The contest scene is too rich for my blood, but I do enjoy thinking about the strategies involved. Bluechip, I don't think it is a particular revelation that price horses are critical, although I do recall a post-contest narrative last year regarding someone who had reached the final table (maybe the winner?) by betting more short-priced horses than average. In terms of betting the best horse above X to 1, my takeaway from the article is that X may be a bigger number than most people have in mind.