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How Many Winners?

Number of winners required at different price levels

 

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).

 

Average price of 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

 

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Professional

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by Steve Jones


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