Horse Players

[richard burch]

Originally Posted by Indian Charlie

I think you need a new calculator.

Nope! Tried 2 more and it always equals 1,025.

[Port Conway Lane]

Originally Posted by richard burch

Nope! Tried 2 more and it always equals 1,025.

What does your calculator come up with when you subtract $120,000 from $123,000?

[richard burch]

Originally Posted by Port Conway Lane

What does your calculator come up with when you subtract $120,000 from $123,000?

3,000.00

[Rupert Pupkin]

Originally Posted by richard burch

Nope! Tried 2 more and it always equals 1,025.

He said he bet $120,000 and ended up with $123,000. So he made $3,000. To
figure out his ROI is pretty simple. What percentage of $120,000 is $3,000? It is exactly 2.5%.

[Indian Charlie]

Originally Posted by richard burch

Nope! Tried 2 more and it always equals 1,025.

123000 divided by 120000 cannot possibly be over 1000. Your calculators are messed up

[Indian Charlie]

Maybe your calculatrs use commas for decimal points, which would make total sense.

[10 pnt move up]

The roi is 1.025 for every dollar bet as we standard see it on the Form for trainer stats, thats why I said to do it that way.

[Rupert Pupkin]

Originally Posted by 10 pnt move up

The roi is 1.025 for every dollar bet as we standard see it on the Form for trainer stats, thats why I said to do it that way.

Where are you coming up with that? He bet $120,000 and he got back $123,000. He made a $3,000 profit from his $120,000 bet. His ROI is 2.5%. It's not that complicated.

[jms62]

Originally Posted by Rupert Pupkin

Where are you coming up with that? He bet $120,000 and he got back $123,000. He made a $3,000 profit from his $120,000 bet. His ROI is 2.5%. It's not that complicated.

Isn't 1.025 per $1 bet 2.5%

[Rupert Pupkin]

Originally Posted by jms62

Isn't 1.025 per $1 bet 2.5%

Yes, you guys are right.

[richard burch]

Originally Posted by jms62

Isn't 1.025 per $1 bet 2.5%

...and my calculator works fine! It's my eyes that have failed me. It said 1.025 (point) not 1,025. (comma)

Just noticed it.

[Rupert Pupkin]

Originally Posted by 10 pnt move up

The roi is 1.025 for every dollar bet as we standard see it on the Form for trainer stats, thats why I said to do it that way.

My apologies. You are correct.

[10 pnt move up]

Originally Posted by Rupert Pupkin

My apologies. You are correct.

No problem, I was just trying to relate it to what people see in the form with trainer stats (*though they do use a $2 increment for a break even).

[Rupert Pupkin]

Originally Posted by 10 pnt move up

No problem, I was just trying to relate it to what people see in the form with trainer stats (*though they do use a $2 increment for a break even).

Yes, that is tight. If this was DRF, it would show a $2.05 return for $2.00, which would be a 2.5% ROI.

[richard burch]

Boy thats a lot of money and wagering / risk for 2.5%. Better to bet 120,000 on one race, bridge jump and take the 5%.