Help with the ESSEX PLAN
Was wondering if any members would help me in trying to figure out the "Essex Plan" wagering plan for low priced place and show mutuels.
It is in the Follow Up , issue #37, page 41, in an article submitted by Tipton Gilbert.
I understand how to figure the particulars in the win bet example shown in the article when all odds are assumed at 1-1 as shown in the article. Having real trouble trying to follow how to arrive at the 1.65 r.o.i. That he arrived at in the 12 race place bet example. I was trying to figure out how to determine the "arrears" column, along with the amount to bet for each play.
Thanks for your help,
Seatrain
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