Quote:
Originally Posted by PatCummings
I'll add this point...
I've managed big group bets for the Breeders' Cup before, and told people who were putting money in that the goal was to take chances for big scores. Big exotic bets are the way to do it, and people who are interested in investing should totally expect to lose what they put in...but if they want a chance at an excess return, here it is.
The difference in this situation is that these people in the bankroll challenge are essentially being gifted the money...so should they be grateful for anything they get, or bummed that they are only getting $1.63 each for the $100 win bet on Dehere Of The Cat?
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How does this work? Does the money invested churn until the end of the meet? If not then I see your point.