SOME PLACE PUNTING PERCENTAGES
For those of you consideriing a career in place betting, here are the sort of numbers you would have to return to stay ahead of the game.
Dividends / 100 bets Avg divi Units profit / 100 bets 50 2.30 15 55 2.10 16.5 60 1.90 14 65 1.80 17 70 1.60 12 75 1.50 12.5 80 1.40 12 90 1.30 17In other words, if the average place dividend of your selections is $1.50, you have to have a success rate of 75% on your bets to return a 12.5% profit on turnover in the long term..
So the burning question is, can you maintain a 75% strike rate?