Hi Rails Run,

My way may be a little convoluted but I'm confident it's right.

If your strike rate is 35%, this means the chance of missing a place is 65% (100-35)

So over a series of 3 bets, 65 x .65 x .65 = 27.46 (27.5% rounded) chance of hitting a loser over the series.

100-27.5 = 72.5% chance of hitting a winner over the series.

I hope it makes sense. Let me know if you need any clarification.

The Schmile

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The Schmile

"I buy when other people are selling.”
― J. Paul Getty