Glad you like 'em Bhagwan...

If you were to ask the average punter this question "what do you think the percentage of placed favourites are at Metro race meetings" what do you think the answer would be??? 75%? 80%.....Try 55%!! That's PLACED favourites! Surprised?

So theoretically, backing the favourites for a place using a standard bet would required each favourite to pay a TAB dividend of around $1.80 per horse to simply break even.

Being extremely generous and allowing the % of placed faves to stand at 60% would require a dividend of $1.65 per horse also just to break even.

Place punting can be profitable (as per my selection of Glen Monarch BR8 in other forum) but in order to make money, steer clear of the favourite as the odds are definitely not in your favour.

Remember this one too....the absolute WORST strike rate for favourites to be placed is down the straight 1200m at Flemington. Bookies LOVE those races!

[ This Message was edited by: Privateer on 2002-04-25 19:56 ]