Re: Track Selection (926 Views)
Posted by:
TGJB (IP Logged)
Date: July 08, 2002 04:09PM
"It isolates one of the key skills necessary to be a successful bettor."
Totally false. Knowing a 3 to 5 shot is more likely to win than a 20-1 shot is useless. Knowing the 3 to 5 shot is 40% and the 20-1 20% to win is crucial.
Favorites win about a third of the time. Simply by picking the public choice one would do well under your rules in the long run.
In fact, I would guess that the winner of your contest will have a flat-bet negative ROI, unless he sweeps the card.
TGJB