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Like any good
business you need to have profit targets.
Most
professionals agree that a 20% return on investment over a period is satisfactory. If
you place 100 single win bets at
1pt each, you will need to return 120pts in order to be functional.
This table shows how many winners
you will need, based on their average price, in order to reach your
target.
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).
Remember that your betting bank should be set up in such a way as to
provide for the likely effects of your strike rate - please refer to my article
Don't
Go Broke! (opens in a new window).
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