When it comes to horse racing, most people look at favorites in the wrong context. They believe that because the favorite wins between thirty-four to thirty-seven percent of the time that is where their focus should be.
However, they fail to grasp the reality that sixty-five to seventy percent of the time the favorite loses. You need to understand that fully if you want to make consistent profits from horse racing. If you do not use the odds to your advantage, you will lose money long-term.