28th November 2006, 08:08 AM
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Member
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Join Date: Jan 1970
Posts: 4,443
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Quote:
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Originally Posted by Bhagwan
If one is going to bet the field for 3rd , one is nearly always going to cop an expensive exercise to possible return.
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I agree. Boxing is probably the worst way to go, occasionally it will work out when some result goes your way, but it's probably better to take the time and even leave out the very poor poor bets and the underlay results.
In crash's example of 2x2xF there are too many combinations and it's too costly compared to the return if the result is anywhere near the predicted market order.
One way might be to dutch bet various combinations individually or to go against a higher strike rate for a better return by going 2xFx2 or for a really low strike rate Fx2x2.
Just some suggestions because the cost of the bet is the root of the problem initially. |