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"The Logical Choice is a great piece of work. Well done " Ed Watts, May 14, 2013. "I consider it one of the most interesting handicapping approaches I've ever tried..." James R. Winter, July 15, 2013. In 2010, the favorite won 36.7% of all races run in North America at average odds of 6/5. So, if you had wagered on every favorite that ran that year you would have lost $385.20 per 1,000 races. There is a better way, and this is it