
7th January 2005, 07:49 PM
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Member
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Join Date: Jan 1970
Posts: 578
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To get a gauge of how those that participate perform, why not do a Dutch Book excercise of each of the five selections to return a $100 i.e.
A: Rated $4 outlay = $25
B: Rated $6 outlay = $ 16.50
C: Rated $8 outlay = $12.50
D: Rated $10 outlay = $10
E: Rated $12 outlay = $8.50
Total outlay = $72.50
If A won at SP odds of $5 then the return would be $125, a profit overall of $52.50.
If on the other hand A won at SP odds of $3 the return would be $75, a profit of $2.50.
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