When I was at university, I had a friend who was really into horse racing.

Some days when I was procrastinating from my uni work, I’d join him and go down to the bookies. He’d stand there watching the TVs and bet on the various horse races.

Most of the time he was betting on an outside bet and only occasionally on the favourite, and it was never just based on the funniest sounding name like my bets were!

So I asked him what his process was. …

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