Beware that by saying "I will only bet above my breakeven point" only moves the breakeven higher and greatly reduces the bets. It does not improve the bottom line. Moving away from the low prices may bring it into profit, but get too greedy and you run the risk of losing out. You are better to ask why the bets are overbet in a similar manner that RP did for longshots. Remove some obvious deadwood to improve the bottomline.