20th May 2006, 07:24 PM
|
|
Member
|
|
Join Date: Jan 1970
Posts: 578
|
|
Quote:
|
Originally Posted by manygeese
1 to 5 is 1.20 the place to break even. 1 to 6 is 1.16. When you get down to that level, you aren't talking value and probably aren't betting.
What you are trying to do with ratio betting is keeping your self happy when they run second or third. The higher the ratio though, (if you are betting a percenatge of a bank) the more you cut into your profit when you jag a winner.
|
I think that the ratio Crash is referring to is 1 unit the win & 5 or 6 units the place - it has little to do with taking $1.16 or $1.20 the place.
There are many place bettors, ones you never hear of, that make a nice little earner out of what they do & that's why it is still the second most popular way of betting. |