What would you do with a $10,000 SPA bankroll?

[PatCummings]

I'll add this point...

I've managed big group bets (not $10k big, but still) for the Breeders' Cup and Kentucky Derby 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?

[Port Conway Lane]

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?

How does this work? Does the money invested churn until the end of the meet? If not then I see your point.

[PatCummings]

Originally Posted by Port Conway Lane

How does this work? Does the money invested churn until the end of the meet? If not then I see your point.

Honestly, I don't know.

[Port Conway Lane]

Originally Posted by PatCummings

Honestly, I don't know.

That makes a difference. Breeders Cup is one (or two) days. $100 win on a 2-1 would appear to be a waste of 1% if the contest ended after $10,000 is wagered. I would shoot for at least a 10-1 return, two $50 exactas or DD's.

However if the money is used until it runs out or the meet ends I see nothing wrong with $100 win bet on a 2-1 that could be used for future opportunities.

[cakes44]

Two chicks at the same time.

[pointman]

Originally Posted by cakes44

Two chicks at the same time.

[Dahoss]

Originally Posted by cakes44

Two chicks at the same time.

[cakes44]

Originally Posted by Dahoss

Sorry about that man. I didn't check the link 'til afterward.

Clearly though, mediocre minds think alike.

[Linny]

Originally Posted by PatCummings

Honestly, I don't know.

The bankroll churns. It's paid out at the end.

Dick is also very mindful of the takeout and unless there is a c/o, he's not likely to shoot for the P6 and will play the P4's a bit but only when he thinks that he's finding value in one leg.

Knowing Dick and his handicapping and betting I do know that he is playing this bankroll as he does his own. He's also more inclined to take a slower and more cautious approach early on but more likely to pick up the pace once the meet gets underway and track trends etc are more apparent.

Dick is also less likely than Wiz to chant the Torah on live TV.

[Hickory Hill Hoff]

Originally Posted by Linny

The bankroll churns. It's paid out at the end.

Dick is also very mindful of the takeout and unless there is a c/o, he's not likely to shoot for the P6 and will play the P4's a bit but only when he thinks that he's finding value in one leg.

Knowing Dick and his handicapping and betting I do know that he is playing this bankroll as he does his own. He's also more inclined to take a slower and more cautious approach early on but more likely to pick up the pace once the meet gets underway and track trends etc are more apparent.

Dick is also less likely than Wiz to chant the Torah on live TV.

[2MinsToPost]

Simple math and risk vs reward