With the advent of Betfair and off-course Corporate Bookies offering all sorts of betting products the pricing of horses by the time race starts is so much more accurate than what it was 20 years ago. So does this mean that the best odds available on a horse is much closer to the real price that the horse should be ? In other words does Favourite-Longshot Bias still exist ?
Well I have just done an analysis of the last half million horse starts run in Australasia since 2014 and have published the results on the E.P.I. website. To find out the answer to this age old question … plus be able to ask and answer your own FLB queries (e.g. do provincial races show the same level of bias as metropolitan races) then just register (its FREE) and go for it !