I suppose I could pt to Evening Attire as a recent example, but my overall pt has little to do with the bounce theory, which I've probably beaten into the ground too much already. Favs have been winning at a 33% rate for a very long time. The 3 horses with the lowest odds have been accounting for 66% of wins for just as long. The rest win at about the same rate at their odds suggest they should. Whether they're using sheets or not, in the main the competition is among hardcore fans who are very good & very shrewd dopesters. The days when going to the races was a mainstream pastime for casual fans ended a long time ago. The idea that there is any easy money out there anymore is one I disagree with.