6th January 2008, 04:07 PM
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Member
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Join Date: Jan 1970
Posts: 4,365
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Yes Pengo, you are correct, but you are missing the point of the maths being flawed.
You can trial something at $1.10 for every selection and you'll win, but the real world price will break you.
Yes, the horse lost and you won, but just one of those horses winning at the real price will strip all the profit from the losers, because you estimated an unreal price.
You might have a winner free day, but even 7 days down the track just one winner at $75.00 instead of $20 will kill the bank.
Don't forget that you are also inflating the amount won, instead of $6.00 for a liability of $100, you'll only win $2.00 for a liability of $100 because the price is so much more.
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