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Posts Made By:
rrbauer
Forum:
General Handicapping Discussion
08-05-2008, 02:37 AM
Replies:
23
Theoretical Win Wagering Strategy Question
Views:
5,092
Posted By
rrbauer
If he was selecting the horses at random, the...
If he was selecting the horses at random, the probability would be as you state, 3/X. However, he is not selecting them at random. The probability of his selection method producing a winner in...
Forum:
General Handicapping Discussion
08-04-2008, 06:57 PM
Replies:
23
Theoretical Win Wagering Strategy Question
Views:
5,092
Posted By
rrbauer
You can do it that way, or you can normalize the...
You can do it that way, or you can normalize the odds to 1, and see if the three horses you like have less than 80% of the total. For example, let's say there's one with .10 of the total and another...
Forum:
General Handicapping Discussion
08-04-2008, 06:02 PM
Replies:
23
Theoretical Win Wagering Strategy Question
Views:
5,092
Posted By
rrbauer
Agree with Dave subject to the following: ...
Agree with Dave subject to the following:
You need composite-odds of 4/5 to break-even (at an 80% hit rate). So anytime the composite odds of the three horses is greater than 4/5 you have a...
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