Longshots? The average of win payouts is $11+, which is down from about $12 or $13 from 20 years ago. There are value plays below 5/1, but most of those plays are "gettable". No problem. Of course, the median price is down somewhere around $6 or so.
So, if we want to average an average price, we have to hit some winners well above 5/1. These plays are not so "gettable". Many require a certain amount of a contrarian approach. The front running, high speed figure horse with a great trainer and a great jockey and is right on its form cycle just isn't going to pay over 5/1, almost never.
So, I am looking into picking some of these higher priced horses. Something other than just a WAG based solely on price. A combination of factors that has some positive indication, even if it is a level of the factor that is normally considered negative. For instance, horses with low Quirin speed points do win races. But, not usually. So, when? That's the sort of thing I am looking at.