Solution by MM
The far more probably a horse is favored to win a race the significantly less income you will get paid. The odds are set si that no matter what horse wins, the track requires in far more funds than it pays out. For example, if absolutely everyone at the track was only betting on the favored, the trsck would pay out out much less and less ought to this horse win. You put up $ 4, they shell out you $ two. They also would boost the payouts for the worse horses to enhance the temptstation to bet on a lengthy shot. You place up $ 4, they spend you $ 25 and so on.
