Grand National 2021: Should You Follow the Money?
When it comes to betting, we like to think of odds and markets as following a logical path. The best team, player, horse, etc., is backed as favourite because there seems to be an overwhelming sense that it is the most likely to win. It’s the reason you would know – without looking at the odds – that Man City and Bayern are favourites for the Champions League. Or that the odds will drop for the LA Lakers when there is news of a Lebron James injury. But when it comes to horse racing, the markets can be a little more unorthodox and sensitive. Often, it is a case of the betting markets following the money. Horse Racing Market Movers A good example of a market mover was in the 2016 Gold Cup, when the odds for Don Cossack started to plummet overnight, and the Gigginstown horse eventually went off as a 9/4 hot-favourite. In this case, punters were right and the price was evidently justified, as Don Cossack romped home with Bryan Cooper in the saddle. However, these ...