Show Parlay

[Dunbar]

Originally Posted by Dunbar

I see 102 bets so far. And, amazingly enough, you have gotten back $204.30 in $2 payoffs. A 30c profit may not seem like much to get excited about, but you've overcome the 14-19% track take (and breakage takes a big toll on show bets, too). You're doing way better than most here would have predicted.

Bottom line, if you had bet $100 on each of your horses to show, you'd have a $15 profit (50 * 0.30) instead of a $1600 loss so far. (well, actually a $1050 loss, if you count your current $650 bankroll).

Here's some more info on your individual bet results. When you forged $0.30 ahead (on flat $2 bets) yesterday, it was the first time you'd been ahead since your 21st bet back in May (during Round 4!). The most you were ever ahead (on $2 bets) was $2.20. The most you were ever behind (on $2 bets) was $7.70.

So if you had bet $100 to show on each of your picks through yesterday's, you would never have been more than $385 behind. That compares favorably with the -$1600 that you began Round 17 with!

While it might seem like the parlay is a good way to get a lot of action out of $100, it ends up being a much more volatile way to bet your money. On the other hand, I'll agree it's way more exciting than flat-betting $100!

--Dunbar