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Old 10-19-2002, 04:58 AM
The Actuary The Actuary is offline
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Join Date: Apr 2001
Posts: 20,224
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P6,

This sort of situation arises a great deal in racing.

Often one animal will be grossly overbet causing overlays virtually across the board.

Most will tell you from records that splitting the equity gained from this between two animals is optimal, three dilutes the overall return as does just one.

I hate conceding the difference and undoubtedly cost myself money, generally going with just one. But in this situation both are clearly pos expectations, in the coin flip clearly tails -105 is not.

TA
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