Betting the class of race Dogs wagered at low odds in higher grades attractive

The odds-to-dollar statistic is the value the crowd assigned to each greyhound in its previous starts; in other words, the price of the stocks. The prices are inverted, though. If the crowd thought the greyhound had a good chance of winning, they wagered him heavily, and the odds went lower. If the...

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Bibliographic Details
Published inMilwaukee Sentinel
Main Author Moore, Mitch
Format Newspaper Article
LanguageEnglish
Published Milwaukee, Wis Journal Sentinel Inc 21.09.1990
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Summary:The odds-to-dollar statistic is the value the crowd assigned to each greyhound in its previous starts; in other words, the price of the stocks. The prices are inverted, though. If the crowd thought the greyhound had a good chance of winning, they wagered him heavily, and the odds went lower. If the average bettor thought the greyhound had little chance of performing well, the odds would be higher. The odds-to-dollar statistic shows the action of the crowd, and at a pari-mutuel establishment that information is invaluable.