Quote:
Originally Posted by Nitro
......Again it comes down the odds value. I would rather focus on a profit margin than a probability. For instance, because I have a known hit frequency when it comes to Dutch plays (regardless of the anticipated profit margin), I will always invest more when that margin is higher.
I agree, but I have personally never found much value in creating an odds line. Because no matter which factors and variables from the realities of the past are used, they can only provide a subjective conclusion for a theoretical outcome.
So, what's the color of money? Green80’s got the right idea, because it all comes down to one thing:
Taking Advantage when the opportunity presents itself.
.
|
So basically you just said that you have a good idea of your probability of hitting a dutch bet which I assume doesn't change much. So it certainly makes sense to bet more when your margins are higher. There is a big difference, however, when analyzing how much to bet to win on a single horse.