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Like any good business you will no doubt have
profit targets.
Most professionals agree that a 20% return
on investment over a period is satisfactory. If you place 100 single win bets
at 1pt each, you will need to return 120pts in order to be functional.
This table shows how many winners you will
need, based on their average price, in order to reach your target.
Obviously, if the average price of your winners
is 6/4 you will need a lot more of them than someone whose win average
is 7/2.
If you bet 7/1 shots, for example, 15 winners
from your 100 bets would be sufficient (i.e. 15% strike rate).
Please remember that your betting bank should
be set up in such a way as to incorporate the effects of your strike rate
- please refer to my article Bet Staking for Losing Runs! (opens in a new window).
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