Burning question = If your thinking is a dismissive "Unlike horses and dogs...", what then can we expect from the betting public, in terms of marketplace efficiency?
If we consider the top 6 exactas by freq, and also the bottom 6, which group would you guess lost 17.4%, and which lost 32.7%?
So, IMO:
3 top horses at Yonkers in 6-7-8
3 top dogs on main track in 4-5-6 or 5-6-7
equals box at your peril.
Bottom line is that jai-alai number combo bias is easy to compute, but similar biases can exist elsewhere, and if we had god-level knowledge and simulations, we could compute them as well. Replies: