Thread: Trifecta System
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  #42  
Old 1st February 2005, 06:50 PM
foxwood foxwood is offline
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Join Date: Jan 2005
Posts: 64
Thumbs up query on ROI

Hi Woof,
You said:
Quote"3-dog box: 80 hits out of 1286 races (6.22%), average payoff is $89.66, and the ROI is a miserable -53.52%. (BTW, the 6.22% hits is very reasonable for a three-dog box.)

The HANDICAP isn't important. The WAGERING means the world! Just LOOK at that spread. The BAD wager has a 53% LOSS and the GOOD wager has almost a 63% PROFIT! All based on the exact same handicap.

In all my years at the track, I've never seen ANYONE that can improve their HANDICAPPING from a 53% loss to a 63% profit. But you CAN improve that much if you study wagering." endquote[/QUOTE] (I still haven't mastered the art of quoting)


Try as I might I can only make that a ROI of -7.04%. If the average payout were exactly half of your $89.66, i.e $44.83 then the ROI would be -53.52%.

I don't wish to sound patronising or sycophantic but your contributions to this thread have been the most enlightening I've seen. Many thanks
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