Quote:
Originally Posted by partsnut
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With no offense intended and in my humble opinion, anyone betting into a 50% ROI betting on 2 contenders will soon be parted from their money and/ or bankroll. Why would I risk $10.00 to make $10.00? That would be the same as betting an even money (1-1) odds overall bet on 2 horses.
Do you realize what type of win percentage you have to maintain to be profitable? Better then 50% to show a meager profit. To me it is not realistic and most likely destructive. As you well know, the likelyhood of runouts are always present. It happens to the best of us.  |
It's not even money. In the example I gave it's AVERAGE odds of 4/1 from both horses. That means each is 4/1, or 3/1 and 5/1, etc. If their average is 4/1 then you collect $10.00 for every $4.00 bet ($2 on each horse). If you have a 60% win rate this would yield a profit of 50% [for 100 races, 60 wins collects $600 versus $400 wagered is $200 profit, or 50% ROI].