31st December 2007, 11:34 AM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Quote:
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Originally Posted by burrah
My query is how do I work out my average dividend? so that I can test for long term viability.
An example of my confusion would be that I can dutch say $3.70 and $4.40, total $8.10 ave $4.05 but cannot dutch $2.88 and $5.30 total $8.18 ave $4.09 as POT would be less than 100%
(sometimes I bet 3 horses, maybe 5% of the time if the odds are high enough)
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Burrah
Using your examples above your divi would be $2.01 for the first and $1.86 for the second. You're making two bets on one logical selection so averaging as you've done above isn't the correct way to look at it  There are a number of variations on dutching but for the "basic" same divi from each selection it's as below.
1^3.70 = 0.2702
1^4.40 = 0.2272
0.2702 + 0.2272 = 0.4974
1^0.4974 = $2.01
===
1^2.88 = 0.3472
1^5.30 = 0.1886
0.3477 + 0.1886 = 0.5358
1^0.5358 = $1.87
__________________
Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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