Look, i know your views barry.
But i am looking at it from another angle. Many huge punters from overseas only bet on certain tracks, a track that gets used every week, jockeys, trainers and horses where form is easier to read. That is the reason they have huge pools, big punters find it easier to punt on, more favs win, so more turnover.
In nz we have crap tracks, average horses, some below average jockeys and horse racing turnover is tumbling. So, that tells everybody that you are in the minority, most see its in total decline. Yes, outsiders will always win, but many only win in nz, because some fukwit jockey riding favoured runners stuffs up. You yourself state that you dont like betting on favs in aus, but there is a reason they do win, and its usually great tracks and great jockeys.