REQUIRED PRICES
This table shows the different equations for achieving a profit target over a series of 100 bets.
The figures across the top of the table indicate the profit level you are trying to achieve.
The left hand vertical column shows your average strike rate per 100 bets.
This then quantifies the average dividend per horse you need to realise to achieve your target.
Average
Strike Rate 25% 50% 75% 100% 1 in 3 $2.80 $4.50 $5.30 $6.00 1 in 4 $5.00 $6.00 $7.00 $8.00 1 in 5 $6.30 $7.50 $8.80 $10.00 1 in 6 $7.50 $9.00 $10.50 $12.00 1 in 8 $10.00 $12.00 $14.00 $16.00 1 in 10 $12.50 $15.00 $17.30 $20.00Example: If your average hit rate of winners is 1 in 4 , the average price of the winners to achieve a 25% profit at level stakes over 100 bets needs to be $5.00. In other words, you'll have 25 winners returning $125 in total.