Dutching? I guess I wasn't very clear on dutching. My program works just fine on allocating the dutch amounts. So, I get that part.
One question I have... how much profit margin do you usually seek from your dutch? For instance, if you fund the dutch with $20, how much does that need to return for your long-term goals? I know that is a somewhat personally based question, but I would like an opinion. I am thinking that the anticipated profit would need to be at least 50%, but that is just a WAG (guess).
There is a point at which a properly distributed dutch will return a loss no matter what horse wins. For instance, if we fund $20 and dutch 4 horses at 3/1, even, 2/1, 4/1, the wagers will be 4, 8, 5 and 3. The returns would be $16, $16, $15, $15. Certainly an extremely poor wager.
From the Kentucky Derby video, I know Dave dutches quite a lot. I'd be interested to know how often the rest of you dutch.
By the way, if you want my dutching program, PM me your email address. I will send it to any of the regular participants of this group. You just enter the fund amount, number of horses and odds of each and it returns the dutch amount for each and the return for that odds/wager combination. Enter less than 2 horses to exit the program. It is DOS based, but that shouldn't particularly matter. No installation required. Just one executable file.