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Old 08-04-2008, 06:24 PM   #9
podonne
Eliminator
 
Join Date: Dec 2005
Location: Chicago, IL
Posts: 332
Quote:
Originally Posted by rrbauer
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 3-horse dutch play.
Sorry, just wanted to understand this. By composite you mean additive, like if you added the pools of the three contenders together and treated them as one imaginary super-horse, that super-horse should have odds higher than 4/5?

I've been looking for an easy way to intrinsicly tell wherther a situation is "dutchable" (without monte-carloing the hell out of the entire thing)
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