Quote:
Originally Posted by Calzone Lord
4. Todd Pletcher had 137 first-time starters race in 2011. He won with 31 of them for a 22.6% win percentage. His $2 ROI with them was $1.52
If you bet $100 on every Pletcher first-time starter in 2011 how much money would you be up or down?
A) Down $3,562 B) Down $7,124 C) Up $585 D) Down $3,288
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This is 137 starters X $100 = $13,700
A $1.52 ROI means a 24% loss on each dollar bet.
24% of $13,700 = $3,288 in the negative column.