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Beauty and the bet

Updated: January 4, 2010, 5:33 PM ET
By Jay Cronley | Special to ESPN.com

To some, perhaps to many, there is more to horse racing than gaming, which is a nice way of saying wagering, which is another way of saying gambling -- competing, there's a good way to describe pari-mutuel action.

Horse handicappers don't compete with one another except at tournaments. Good handicappers benefit from stupid handicappers, which is why bad public picks made by TV experts are so important.

Handicappers compete with the puzzle that is each horse race, the goal being ...

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