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Old 02-16-2014, 03:24 PM
ScottJ ScottJ is offline
Narragansett Park
 
Join Date: Aug 2010
Posts: 585
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Quote:
Originally Posted by pweizer View Post
Those thinking of jumping in might want to read this first:

http://www.equinometry.com/2014/02/1...good-bad-ugly/

Paul
The article cited is extremely compelling reading and certainly worthy of further debate and disclosure.

While the data provided is single sourced and I have not validated all of the calculations, the assertion that a 24.3% takeout could even possibly be in effect is eye-opening.

With Sam Houston at 12% rake and various Pick-4 events being sold at nearly that rate, one has to question any wagering option with double that price.
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