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"The method described here is making a small show bet AGAINST a heavy favorite. It is not unusual to see show payoffs in the $20-$100 range for a $2.00 wager when the favorite finishes out of the money." Click on the title link if taken to a different page.
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I've done that many times over the years, and although it rarely works, when it does it's very worthwhile and I feel smart for a fleeting moment. Pauper that I am, I usually don't hit ALL but instead leave out the favorite and punch the rest.