Quote:
Originally Posted by Half Smoke
thanks very much
so, just to be clear on what you're saying - 29.5% with a $4.90 price - you mean the payback on a $2.00 bet - correct - not odds of 4.90/1
if that's right I get that as if betting $2.00 - in 100 races - the player would win win $85.55 and lose $141 - so his R.O.I. would be about negative 27.7% - correct_____________?
if my figures are correct it seems like it is hardly worth looking at
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The price you said above ($4.90) is what the average payout is for the winner was
