Hi all.Does anybody have a maths formula for backing three in a race to win at various odds & also covering any previous losses along the way without the next( bet, bets )getting outa hand. Say starting with the smallest bet 0.50c. Would you do a dutch thing or level bet or ????
strike rate = 56%
average price = $3.50

Is that 56% strike rate based on backing THREE horses in each race???? If so then dont even try to make money out of it because you wont in the long run! When you can get an ave div of $3.50 with ONE selection per race and a strike rate of 33% THEN you will be on to something and we can talk about how to bet it. Chasing losses will always bite you badly sooner or later.

[ This Message was edited by: becareful on 2003-10-23 07:37 ]

sorry that should read..
strike 55%
average price $6.32
sel 1 $4.45
sel 2 $6.00
sel 3 $10.00