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Today's most significant horse racing betting markets show notable movement at Fair Grounds, with several key races experiencing significant odds shifts in the past 12 hours. The China Doll Stakes at Santa Anita Park has seen late money coming in on horses with recent form improvements and favorable jockey changes[1][3].

Comparing morning line to current odds reveals several overlays, particularly in races where underlays are drawing heavy betting support. Track condition changes due to weather have impacted odds, especially at Gulfstream Park[9]. Equipment changes and surface switches are influencing market movements across multiple tracks.

Unusual betting patterns have emerged in multi-race wagers, with large Pick 3/4/5/6 pools forming. Notable exotic betting movements are observed in exacta and trifecta wagers. Win pools for favorites are smaller than usual at some tracks, indicating potential value on longshots[7].

Best overlay opportunities based on speed figures include horses with recent troubled trips and those benefiting from track biases. Undervalued horses in exotics offer potential for high payouts, especially in races with vulnerable favorites. Value plays in multi-race wagers are presenting themselves, particularly in sequences with contentious races.

Pace scenario analysis suggests potential for upsets in several key races, with speed-favoring tracks benefiting front-runners. Post position advantages are notable at some venues, particularly for inside draws in sprints. First-time starters are drawing significant betting attention in maiden races.

Pool sizes for Pick 5 and Pick 6 wagers are larger than average at major tracks, with carryovers driving increased interest. Distribution of money in exotic wagers shows imbalances, creating potential value opportunities in certain combinations[10].

Historical context reveals trainer patterns that may be overlooked by the public, particularly with horses returning from layoffs or trying new distances. Track-specific trends and class-level statistics are influencing smart money movements.

Key races to watch include Fair Grounds Race 1 (Claiming) and Race 2 (Maiden Claiming), where horses like Bitsy Perfectmatch and Perfect Deal are favored based on algorithmic calculations of past performances and track conditions[5]. At Aqueduct, the 13:05 race is attracting significant betting interest[17].

Overall, today's markets present opportunities for value-seeking bettors who can identify overlooked contenders and capitalize on market inefficiencies across various tracks and bet types.