Santa Anita is back up and running on Friday…

Betting traps can easily be defined as a horse that pays so little when he wins, that he doesn’t cover the cost of his losing.  Take a horse like Seattle Slew, who lost 3 times in his 15 career states.  So a typical $2.00 wager  would have cost you a total of $30.00 and if he returned EVEN money on each of his wins, he would have returned $4.00 x 12 wins or a total of $48.00.  That’s certainly a good deal.  But what if he returned only $2.40 as an average win wager – well then he would have returned for the same $30.00 investment only $28.80.    So in this case you would have won 12 times but lost money…   AS it happened, the great Seattle Slew won several races paying as more than $6.00 mutual or greater than 2/1.  I don’t think I have seen a horse in the past 37 years that compares with the great Seattle Slew, but I have seen plenty of claimers go off at prices below fair value….  Avoid Betting traps and if you are inclined to wager on some favorite, ask yourself if this horse is worth a “Seattle Slew” type price…