Return on investment or "return on investment" means how much you get in betting on dog tracks or anywhere else. If you bet $2 and win and the gain is $4, then your simple return is $2. Of course, you won't win every bet.
When you consider the money you spend on losing a bet, you get a true rate of return. Suppose you have made 10 $2 bets in one program and hit 6 of them. For the sake of simplicity, assume that each bet returns $4. Invest $20 and return $24. Your return on investment is $4.
Of course, this is just a very simple explanation. To be realistic, you must calculate all the costs: the program, your car gas, the food and drinks you pay on the track, any systems you buy, and more. It is clear that very few people really know if they are profiting on the track. What about you?
The only way to solve this problem is to keep a very good record of each bet and how much to win or lose each bet. you can...
Orignal From: Greyhound Handicapping - Know your ROI percentage
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