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Old 09-21-2010, 07:32 AM   #12
Robert Goren
Racing Form Detective
 
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Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
Quote:
Originally Posted by Learned Hand35
Teddy's thread got me thinking.

For you veterans of the game, what was the learning curve for you regarding achieving positive ROI or at least negative ROI you could live with until you got back into the black in the next time frame.

My goal after my first year, a realistic one I hoped, was to cut my negative ROI in half. So far this year I have cut it down by a third. My goal was to show my first positive ROI by year four. Don't know if that is going to happen.

Thoughts, experiences, advice?
Quit before you get hooked. If you are smart enough to beat this game, you will make a lot more, a heck of lot more money some place else and you will be a lot happier. I will say this. Nobody I know (or even heard of) who makes any real money at this game wasn't positive almost at immedately. I never heard of any one becoming positive after 4 years of losing.
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Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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