Like any good
business you will need to 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 1 point each, you will need to return
around 120 points in order to be functional.
This table shows how many winners
you will need, based on their average price, in order to reach that
Obviously, if the average price
of your winners is 6/4 you will need a lot more of them than someone whose
average is 7/2. If you bet 7/1 shots, for
example, 15 winners from your 100 bets would be
sufficient (15% strike rate).
remember that your betting bank should be set up in such a way as to
provide for the likely effects of your strike rate - please refer to my article
Go Broke! (opens in a new window).