what is a good roi for a bettor?
 

Just based upon my calculations my roi so far this year is 1.70 which i got by dividing dollars bet by dollars won. Is that correct?? I really have no idea on this so if someone can give me some insight i would appreciate.

Dollars Collected/Dollars Invested will get your ROI

and 1.70 is a great number, that means if you invest 100k into wagering, you should get back 170k, a decent living

how to win a small fortune as a bettor.

first, take a large fortune.....

I am a firm believer that this game, unlike any other gambling game, it takes money to make money, they promote the hell out of $8 into 2.4 million or whatever that guy did but that is 1 out of every 500k that happens that way.

ROI is calculated by summing your winning play wagers and subtracting from that sum, the total amount of play wagers, and then dividing that total by the amount wagered; expressing the total as a percentage.

You can get it both ways, most people want a dollar amount, which my way provides, and your way in % is how much returned per $1 invested...tomato/tomoto

How true. (I like the quote.)

Great stuff.

anything greater than or equal to zero... or, 1, the way you calculate it.

lol

perhaps you caught my line a few months ago--the quickest way to double your money is fold it over and put it back in your pocket!!

Not bad, but this latest one is fantastic. I'll definitely be remembering it for a while.

A good ROI is hard to define by itself. It depends how much you bet. I'll take 1.05 if I bet a million over 1.70 if I bet 10,000.

A great return on investment is paying for your drinking tab and going home even for the day.

My ROI goes something like this...

I walk into the track, go up to the teller, give him/her half of my money, he takes me outside and kicks me in the nuts.. then I call it a day. :)

That's about it. I get to stand in line waiting to place my $2 wager. But I get to hear Mr. Bigshot brag loudly about his upcoming Lobster Bake at his lakeside retreat after he returns from a coast to coast business trip and how he's gonna bet $50 or $100 on a horse on the upcoming race because he looks so good to his eye.

after the race i cash my ticket and chuckle Mr. Bigshot is outta his bet; if we're not both outta ours.

All I want is, once a month, to be taking a funds transfer out of the wagering account and putting it into the savings account, rather than the other way around ....

If I paid too much attention to the volume of "churn" in between in great detail, I'd probably stop wagering :D