AusMindSneak
AusMindSneak
Joined: May 10, 2012
  • Threads: 2
  • Posts: 5
May 10th, 2012 at 5:30:14 PM permalink
If you layed only 1 true underdog (say true odds of somewhere between 20/50 to 1) once a week, whats the probability that you would A) make money and B) go bust?
rdw4potus
rdw4potus
Joined: Mar 11, 2010
  • Threads: 80
  • Posts: 7034
May 10th, 2012 at 5:40:44 PM permalink
What percentage of your bankroll are you betting each week?
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
AusMindSneak
AusMindSneak
Joined: May 10, 2012
  • Threads: 2
  • Posts: 5
May 10th, 2012 at 5:47:49 PM permalink
3% - 5% i think i would be safe, if your going to do a calculation for me though could you please include 10%
buzzpaff
buzzpaff
Joined: Mar 8, 2011
  • Threads: 112
  • Posts: 5328
May 10th, 2012 at 8:18:11 PM permalink
Every longshot workout I have ever seen, loses your money at a faster pace than betting favorites.
You lose either way, but favorites delay the inevitable.
AusMindSneak
AusMindSneak
Joined: May 10, 2012
  • Threads: 2
  • Posts: 5
May 10th, 2012 at 9:00:39 PM permalink
i understand that but i am talking about laying/taking bets on the underdog in other words betting that the underdog will lose not win

  • Jump to: