Quote:
Originally Posted by thaskalos
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?
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You are better off taking that initial $2 and buying a half of a beer.