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Well this bet provides good insight into the market for horse racing. Most are knowledgeable with different levels of sophistication.
Horse bettors don't get excited from slot bells ringing or watching a ball bounce around a track. I don't fault them for trying to convert the zombies.
However as a parimutuel bet where you cannot predetermine its odds dissociates itself from roulette. Too bad because if there was enough liquidity you coud use it as a hedge instrument on last legs of multis.
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