Horses on which large sums of money are bet, such as the Grand National or the Derby, they are horses that the bookies pay a great deal of attention to and the overround that they calculate they offer odds in such a way that you can't, by judiciously placing your bets, guarantee to win, and the overround is erm a thing that you can calculate which expresses, if you like, the average percentage in favour of the bookie on that race.
