I think you have no idea how confusing this comment is, given the overloading of “place” and “show”. For anyone else confused, “win” means come first, “place” m

I think you have no idea how confusing this comment is, given the overloading of “place” and “show”. For anyone else confused, “win” means come first, “place” means come first or second, and “show” means come in the top three. The technique being described here is using the fact that “win” odds are usually very accurate about the underlying probabilities, but for some reason “place” and “show” aren’t, so you can take advantage of the accuracy of “win” to find better-than-normal bets.