Quote:
Originally Posted by AndyC
The key part of that equation is the highest probability of winning. Betting large amounts on longshots will lead to bankroll ruin unless, of course, the longshots have an extremely high probability of winning. Not exactly an everyday or even every month type of bet.
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It's still a dilemma for me after 40 years.
Some of the biggest "theoretcial" overlays I find are on horses I'm not giving a especially big chance of winning. That makes the potential losing streaks problematical (the psychological impact is even tougher for me). At the same time, I try to keep my bets as flat as possible for other reasons.