Can a consistent long-term profit be acheived in horseracing markets?

[blackthroatedwind]

If Bellsbutthead would join this discussion I think we could safely call the Guiness Book.

[Bobby Fischer]

Originally Posted by blackthroatedwind

If Bellsbutthead would join this discussion I think we could safely call the Guiness Book.

this is good stuff.
I'm gonna need you to inject some more NY Attitude as the thread goes on. Feel free to mush last out high beyer winners as well...

The Little Guy everybody... Steve Crist

*claps*

[hoovesupsideyourhead]

The Edge Factor... Pretty Soon It Will Be The Tie In Too The Sales Pitch.... 5,4,3,2,1...............

[Bobby Fischer]

Originally Posted by hoovesupsideyourhead

The Edge Factor... Pretty Soon It Will Be The Tie In Too The Sales Pitch.... 5,4,3,2,1...............

Edge factor is just Value times estimatedHit%
=Value*hit%

Edgefactor is just an easier way of saying all that.
You can use it to decide how much you want to bet if you don't want randomness to cause you to ruin your bankroll.

Value is the $2price times estimated% divided by 2 value = ($2price*hitProbability)/2
So a $6 horse with a 1/3hit probability would be a break even wager or 1.00.

[jcs11204]

Originally Posted by hoovesupsideyourhead

The Edge Factor... Pretty Soon It Will Be The Tie In Too The Sales Pitch.... 5,4,3,2,1...............

will you handle this guy once and for all...

we should do a mythical contest... 1000 bankroll for a 2 week period. something like that

[ArlJim78]

i want to see a heads-up contest between jcs and bobby fischer, no holds barred. start with mythical $1000, first one to $2000 wins. fischer uses edge factor, jcs can use his own system or a crystal ball, whatever works best.

my money is on jcs and his crystal ball.

[Bobby Fischer]

Delaware Race7 $16 to win on #11 born to be
estimated $2 price=6
est. hit%=.40
Value=1.2
edgefactor=.48
wager amount=16

[Bobby Fischer]

Originally Posted by Bobby Fischer

Delaware Race7 $16 to win on #11 born to be

win, return $40(5.00*8)
new bankroll =1083.20


Comments: LMAO, somebody put 3 large on it with a minute to post. The entrymate 4 did his job, never got the possible clear easy with the 1 also trying to go early.