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How Many Winners?
 

 

Like any good business you will no doubt have profit targets.

Personally, I find that 20% profit on investment over a period is satisfactory. If I place 100 single win bets at 1pt each, I need to return 120pts to be functional.

 

Let us say you place 100 win singles at 1pt each over any given period. This table shows how many winners you will need in order to reach your target, based on their average prices.

 

Obviously, if the average price of your winners is 6/4 you will need a lot more of them than someone whose win average is 7/2.

If you bet 7/1 shots, for example, 15 winners from your 100 bets would be sufficient (i.e. 15% strike rate).

 

Average price of your winners

Return for a winner (points)

Number of winners required per 100 bets for 20% ROI
Evens 2.00 60
11/10 2.10 58
5/4 2.25 54
11/8 2.37 51
6/4 2.50 48
13/8 2.62 46
7/4 2.75 44
2/1 3.00 40
9/4 3.25 37
5/2 3.50 35
11/4 3.75 32
3/1 4.00 30
100/30 4.33 28
7/2 4.50 27
4/1 5.00 24
9/2 5.50 22
5/1 6.00 20
11/2 6.50 19
6/1 7.00 18
13/2 7.50 16
7/1 8.00 15
15/2 8.50 15
8/1 9.00 14
9/1 10.00 12
10/1 11.00 11
12/1 13.00 10
14/1 15.00 8
16/1 17.00 8
20/1 21.00 6
25/1 26.00 5
33/1 34.00 4

 

SteveJ

cdsystems 2000

 

Submitted by: Steve Jones

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