Quote:
Originally Posted by VigorsTheGrey
2 horses at 2-1 each...if one wins it pays $6.00...for a $2.00 profit for a $4.00 investment...would this be an example of a 50% minimum Dutch win profit margin...?
|
Yes, that’s correct.
Basic 2-Entry Dutch Win Bet when both are @ 2/1 odds
Code:
LOW HI TOT TOT PRF %
2.0 2.0 BET PRF
$6 $6
$6 $6 $12 $6 50%
$18 $18
When playing Hong Kong I only look for 3-Entry Dutch Win bets that will provide a greater than 50% Profit margin..
In the example above in Sunday’s Race 2 - #11 = 1.9/1 (2.9HK) / #1 = 2.7/1 (3.7HK) / #3 = 9/1 (10HK)
This was a pass because the Profit margin was less than 50%.
Code:
LOW MID HI TOT TOT PRF %
1.9 2.7 9.0 BET PRF
$6 $7 $20
$20 $16 $6 $41 $17 40%
$58 $58 $58
