Of course, you have to get the right odds in Double Chance Dave Revieworder to make this work. Wagering on two horses that are at very low odds just won't work. Let's say that the two horses that you think are most likely to win are at 4-5 and 6-5. Is there any way to make this bet profitable is you bet them both? How would you adjust the amounts in order to cover the cost of your bet and make a profit?
Well, first of all, it is going to take a significant outlay of cash and the reward may be very small compared to the risk. This is horse racing and there is no such thing as a sure thing. The only thing that you can depend on is that the race track is going to get their cut no matter who wins the race. They take their share of the pools out before the money is distributed to the winners.
In the above example, let's say that you bet $18 to win on the 4-5 horse (A) and $20 to win on the 6-5 horse(B). If horse A wins you will get 10 x $3.80 = $38.00. If horse B wins you will get 9 x $4.20 = $37.20. Since your initial investment is $38 the wager is at best a break even bet with horse A and a slight loss with Horse B as the eventual winner.
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