28th May 2009, 05:07 PM
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Member
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Join Date: Jan 1970
Posts: 4,415
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52 horses win out of 100
Average dividend of winner $1.58
Backing them is 52% Strike rate, so you lose 17.84 units every hundred runners
Ergo, 48% of them lose, so you make 17.84 units every hundred runners - laying.
However, that's at bookie's prices, once you let it go in-play....the world's your oyster because of the very high place strike rate and punter reactions.
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