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Interesting but not really all that terrible.
Assuming you are a competent handicapper and can weed out all the really bad contenders it can still be viable. These quick numbers include entries, and all field sizes for 2018 so far.
20195 races 2018
mutuels
3258 races $4 payout or less
10003 between $4 and 10.01
4430 between $10 and $20.01
14433 between $4 and $20.01
1793 between $20-40.01
445 between $40.01-62
237 greater $62
>$20 mutuel is approximate 12%
48657 races year 2010
mutuels
6022 $4 payout or less
23840 between $4 and 10.01
35029 between $4 and $20.01
11630 between $10 to $20.01
4621 between $20-40.01
1132 between $40.01-62
783 greater $62
>$20 mutuel is approx 13%
Last edited by vegasone; 07-24-2018 at 08:57 PM.
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