29th July 2008, 10:52 AM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Yes that is essentially it...
I outlay (risk) $100 by laying a 10/1 shot for $10. My profit if successful is $10 (ie. 10%) less commission.
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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