Quote:
Originally Posted by classhandicapper
I think a lot of people may be thinking in terms of probability of winning instead of long term ROI.
If you control more entries you certainly increase your chances of winning, but you are also making a much larger upfront investment that will often go totally bust and make up for the extra wins on the downside.
If you and a partner use a dutching technique to guarantee you have at least 1 entry in great shape, you are also guaranteeing that several of your entries are doomed. Many of your competitors will be disadvantaged against your guaranteed winner, but they are very advantaged against your doomed entries.
I don't think there's much of a way to change that long term math.
Granted, I am not tournament player and haven't given this a lot of thought.
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I concur with your analysis. My comment spoke specifically to a strategy of betting even money favorites.
