
4th June 2006, 12:00 PM
|
Member
|
|
Join Date: Jan 1970
Location: Sydney
Posts: 402
|
|
KV,
Spectacular as your figures are you probably would not be able to survive solely on Trifectas. But could well make a killing in other ways.
Obviously due to limited disclosure I'm making some guesses in the following calculations.
If you bet a $1 Trifecta on all ~16,000 races per year then you would expect nearly $5,000 profit which is obviously not enough.
But if you took $20 trifectae in the hope of self sustainability then you run into problems.
A significant number of those races have pools below $20,000 and they often would not be able to cope with an extra $20 on the winner.
Your figures presumably include some anomalous collects in the $5,000 region and it is those which make or break you. Notably if you miss out on just 1 of those in a year you make bupkiss.
But even $1 in a $20,000 net pool reduces a $5,000 collect by ~25%.
It would be interesting to calculate just how much you could invest without eroding your returns, but right now time does not permit me.
I expect to make a few more mathematical comments later when I'm able.
|