Quote:
Originally Posted by the little guy
Math gets 'em every time.
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The average horseplayer loses takeout.
If the avg horseplayer bets $200W they lose $32 on that bet.
If the avg horseplayer bets $200 P-4 they lose $48 on that bet.
If a win pool is $100K the bettors pay $16K for that pool.
If a P-4 pool is $100K the bettors pay $24K for that pool.
99.9% of horseplayers lose long term so justifying 24% takeout which crushes those horseplayers worse than 16% takeout is a wonderful tact to take.
That's what is called "real life math"
