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Originally Posted by rontheman1964
Dunbar, depends on how you look at the numbers. Of 70 entrants 22 of them are above the $18.00 break even point. That is over 31% of the crowd that is making money at the track. Not sure where you play but I bet 31% of the crowd doesn't make money.  |
Well, it's way too early to draw any conclusions. I only posted the 20% fig because I thought it was mildly interesting. I'll keep tabs on that stat as the contest progresses.
Your way of looking at it is interesting, especially if a sizable number are still ahead at the end of the Contest. But if the Group above breakeven is truly more than what would happen at a typical track, the group BELOW breakeven must be doing far worse than your typical track bettors. Otherwise the combined fig (-20%) wouldn't be so bad.
Again, at this point it's too soon to get excited one way or another.
--Dunbar