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Horse Race Handicapping: Dutching
Dutching is the professional handicapper’s equivalent to portfolio diversification. One of the greatest mistakes an investor can make is not properly diversifying his or her portfolio. Adequate diversification will include an increased number of investments, allowing those with upward price movements to offset those with downward price movements.
In handicapping, dutching allows a bettor to wager on two or more runners, at different odds, in the same race. The bets are made in proportion to each horse’s chances of winning, so that no matter which runner prevails, the payoff will be the same. Since dutching allows us to bet on three or four runners, obviously we have a better chance of cashing Xtra Winners. However; even when we win while dutching, we will always have some losing tickets with this method.
Here is how it works: Assume that through applying a long-shot angle, you have eliminated the non-contenders and are left with three horses. You are confident that one of the three will be victorious but have no particular bias toward any of them. By placing a varying win bet on each of the three horses, the dollar amounts being dictated by the odds, you will realize a profit no matter which of the three wins. In addition, the profit will be approximately the same for each outcome, and you can predetermine it.
So, how do we know how much to wager on each horse in order to guarantee a profit? First, we need to convert the horses’ current odds into a percentage. This tell us what the market or pool says the real-time percentage chance each horse has of winning the race. The math for this is simple, but, in the interest of brevity, I am going to omit it here. It is covered in detail in my book, Handicapping the Wall Street Way: Picking Xtra Winners at the Track.
Just print the following chart:
ODDS ODDS AMT. BET PAYOFF
Pisces Pleasure 3-1 25 $25.00 $100.00
Nostalgic Moment 4-1 20 $20.00 $100.00
Trubble 9-1 10 $10.00 $100.00
With a total outlay of fifty-five dollars, we would expect a profit of forty-five dollars whether Pisces Pleasure, Nostalgic Moment, or Trubble won. For this example, I assigned a unit value of one dollar to each percentage point. Although the value assigned is entirely at each individual handicapper’s discretion, it MUST be the same for each horse.
As with the stock market, there is a certain degree of volatility in the betting pool. It is not at all uncommon to see sizable fluctuations in the odds, especially at smaller tracks. To negate these fluctuations, one should endeavor to wait until the last possible second to place his or her wagers.
Best Online Casino Payouts
Casino payout percentage is a feature that many players fail to be negligible. Some players online casino does not even know what a casino payout percentage is about. In fact, the increase in payments online casinos over their land-based counterparts is one of the advantages of online casinos. May it not lay on the surface and be visible to all, but it is there. In fact, the winning odds at online casinos are higher by a large margin. Casino Journal Magazine says that the average gain for land casinos in the United States is close to 89%. This means that every dollar spent on the casino, 89 cents is paid to winners and only 11 cents is left for the casino itself. Compare this number with the average payment for online casinos often exceeding 95%, and you will understand better how your chances of winning a game at a casino online. The explanation for this difference is simple. Online casinos are much less than the costs of operation on the ground parlors with their beautiful (and expensive!) Building. At the same time, online casinos are able to operate effectively at a lower level, at any time, without any day off.
Payout percentage is a very important factor to consider when selecting an online casino. Very often, the number represents the casino reliability and efficiency of management, which in turn reflects the way the casino is trustworthy. The number of payout percentage varies from month to month, depending on the amounts earned by the players of each month. Therefore, it is important to know the percentage gain on average for a longer period at any casino, so that the representation of payment would be more fair and equitable. Many online casinos with good reputation and a period of record percentage gain to provide numbers on a monthly basis, their websites. In addition, most online casinos are regularly audited by the well-known independent auditing companies. They publish the results of audits on their websites that are available to the public. Software developers also main playing to ensure that online casinos powered by their software can be trusted and their games are played fair.
When it comes to some online casinos with the best rate of distribution, we need to name a few well-known and trusted names in the business of online games. The leader is Slot land casino with over 98% of the average payments. This casino is not only famous for its large jackpots often exceeding $ 100,000, but also for its customer service and quick payouts. Next follows WinWord casino with impeccable service for many years, and more than 98% of payments. 32Red casino with 97% of payment issue was voted Best Online Casino for several years in a row. Although it is a new player in the world of online gaming, casino Slot cash has become very popular among players for its excellent customer service, without regard to payments and rates of distribution. We will finish our Best Casino Payouts list All Slots casino, which was one of the first online games. It is now one of the largest casinos on the Internet, with over 300 games to choose from, and nearly 97% of payment issue. Knowing how to find and interpret the distribution rate for casinos. You can know an important fact that will help you find a good and fair casino