Originally <a href='/showthread.php?p=20945264'>posted</a> on 01/21/2014:
The most common misconception is you can't win wagering strictly on favourites, which is the furthest thing from the truth.
Amateurs become accustomed to attaching value strictly to dogs, which again, has absolutely no merit to it.
Squares bust out because of their volume, lack of knowledge, and their inability to determine value, not the fact they're investing in favourites.