Betting on the favourite priced below 2.0
Many people intuitively think that a horse with a price below 2.0, i.e. a higher than 50% chance to win, will actually win much more often than other horses.
Is it true though? What are the actual odds of such favourites?
The data displayed is for horse racing, Win markets. The favourite was determined based on the horses' SP prices.
The Projected P/L shows how much you would win/lose if you backed or laid £1 on the favourite in the selected country/race distance range/number of runners, provided that the favourite's price was less than 2.0. The commission size used here is 5%.
The Average Price is calculated from all SP prices of the chosen categories of horses.
The Winning Percentage shows the percentage of cases when the favoruite horse has won the race.