3rd February 2013, 08:09 AM
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Member
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Join Date: Sep 2011
Posts: 1,534
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Quote:
Originally Posted by michaelg
Not a bad day. From the 38 selections there were 38 smiles for a profit of $332.51.
I didn't have a bet on the quinellas, but from a quick check I think I would've lost. When I get time I will check.
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Michaelg, just be careful with exotics. They are worthwhile in the bigger meetings but for those country meetings you can seriously affect you odds.
For example Kembla Range 2
The Quinalla had 3883 cash in the pool. Assuming it paid out 85% that will be $3300. It paid out $74.20 That means there were approx 45 winners.
You become winner 46. That drops the odds to $71.70
Thats only if you bet $1 on it. If you bet $10 on it then the odds would drop to $60. this stops you scaling it up with more money. And it might even be enough at minimum stakes to drop too many odds and result in a loss.
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