Why Peggy Nash could be Canada's next Opposition Leader.
by Bill Tieleman
Favourites win about 30-35 percent of the time, so in about two out of three races the favourite loses.
– Good Horse Racing
If favourites were able to win every race, it could safely be presumed that Thomas Mulcair will be the next federal New Democratic Party leader at the end of voting March 24. But as the odds show, favourites don't always win horse races or political party leadership contests — which make it far more challenging to predict who will come out ahead.