Secrets Of Professional Turf Betting
by Robert L. Bacon /
1952 / English / PDF
35.5 MB Download
Secrets of Professional Turf Betting by Robert L. Bacon
Publisher: Amerpub Company | 1952 | ISBN-10 / ASIN: B000J3MWJA | Pages: 282 | PDF | 35.51 MB
A speculator's percentage of winning bets thus doesn't reveal a whole lot by itself. For example, did that speculator achieve a 50% win rate betting only on situations with 3:1 payout ratios? Or did he achieve a 50% win rate betting only on situations with 1:3 payout ratios? Furthermore, how did he size his bets? The answers to these questions all have vastly different implications for his profitability. Further complicating the situation is the fact that payout ratios at the track are not static during the period when bets are allowed, but shift up and down based on the public's betting behavior.
