4th June 2006, 09:42 PM
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Member
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Join Date: Jan 1970
Posts: 4,431
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It doesn't matter to me what percentage they take out or leave in (within reason, a variation of 10% is diddly).
Why?
Because I'm not betting against them, I'm betting against other punters.
All I need is a dividend which, when multiplied by the strike rate is greater than 100.
Simple.
To find that occurrence is the challenge, but exotics are the easiest way to make a profit - full stop. The very fact that the approximates are unknown (to most) is why it is so easy.
Just a small amount of research turns odds on horses in 5/1 shots (I've posted re this some time ago).
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