hi all

i have a mathematical problem. say i have 4 horses all with a chance to win, and on average, if i back all of them at level stakes, 63% of the time, one will win and show a lot of 14%. now the problem.

if i dutch bet to double my money, knowing ofcourse that sometimes the prices won't allow and sometimes i more than double, can i win. or is there a level of price on the return ie. money back plus 5% that determines a line between winning and losing and how do i work it out?

regards

dinodog

[ This Message was edited by: dinodog on 2002-06-29 10:43 ]