Handicapping the Derby (656 Views)
Posted by:
BitPlayer (IP Logged)
Date: March 27, 2006 01:58PM
Bobphilo -
I have the opposite view. The fact that many people tend to take leave of their handicapping senses when betting the Derby creates value and makes it a good betting opportunity. You just have to be willing to accept that the risks and rewards will be higher than in a smaller field.
To your list of things that lead people astray, I would add ego. Bettors want so badly to be able to say that they had the winner of the Derby that they don't emphasize value as much as they would ordinarily.