Quote:
Originally Posted by thaskalos
When you bet on those 3 or 4 horses against the prohibitive favorite...will your total monetary investment be much greater than what you'd be normally willing to bet in a race? IMO...what destroys most dutch bettors is their overconfidence. They are so sure that one of their 3 or 4 dutched horses will defeat the prohibitive favorite...they end up betting much more on the race than what their bankroll can safely afford.
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first, thank you for the tone of your post
thank you for not implying that I'm an
idiot
you are truly a gentleman
the answer to your question is
no, my monetary investment will not be much greater than I'd normally willing to bet
I'm not, as you say, sure that one of my dutched horses will beat the prohibitive fave. I also am well away that I will sometimes get beat by an un-included shot
I'm well acquainted with variance
I came to betting horses after many years counting cards at blackjack
(I used to spend the whole day walking up and down the boardwalk in Atlantic City - casino hopping - so my face would not be recognizable)
I had literally whole days where I lost everywhere I went, experiences way beyond my mathematical expectation
and literally whole days where everywhere I went I won - as if an angel sat on my shoulder
so no, I have no illusions about my method being a magic pill
but it's fun to try something new and see how I will do
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