7th January 2008, 03:54 PM
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Member
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Join Date: Jan 1970
Posts: 4,428
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Horses at 100/1 on the tote, the breakeven is $304.00, but most of them you have to lay at 500/1 or more, meaning you'll lose a minimum of 65% plus commission laying them.
Staggering.
You will however win for approximately 300 races before you make a whopping loss.
Very sobering.
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