Quote:
Originally Posted by GMB@BP
on straight odds, and i have never ran 1/9 shots, but I believe its +140...so if you wanted to get some value on that I would think +180 is fair, +130 is short of the parlay.
I assumed 1/9=90% win prob and 1/5 equals 80%.
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If we bet $2 to win on a 1/9 shot and it wins...we get back $2.22
If we proceed to parlay that $2.22 on the subsequent 1/5 shot and that wins too...then we get back $2.66
So...we have made a total of 66 cents by parlaying these two winners...or the equivalent of
33 cents on the dollar. And you think getting a profit of $1.30 for the same dollar from a racebook is an UNDERLAY?
