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Old 10-26-2007, 09:20 AM
Salmon Salmon is offline
Junior Member
 
Join Date: Oct 2006
Posts: 23
Default Re: No love for horseracing?

Stanford Wong provided a pretty sobering analysis of horse racing with the 20% track take in "Betting Cheap Claimers"; he analyzed how much better you had to be than the average horse player out there in order to make a profit.

It was pretty sobering.

When you compare the 20% track take to the ~5% vig in 'capping football or whatever, there's no competition.
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