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Old 08-23-2005, 02:36 PM
raccon raccon is offline
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Join Date: May 2004
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Default Correct answer

It's $8,630, assuming that you're making bets with odds -110 and that you flat bet with $500.

Here's how it goes:

You bet 250 times $500, total $125,000.
You win 140 times out of 250 (140/250 = 0.56).
Your winnings are 140*1.909*$500=$133,630
(-110 is 1.909 in decimal format)

Your net profit is $133,630-$125,00=$8,630.

I would recommend smaller bet size though since 20 bet losing streaks DO happen. 2-3% would be MUCH better. Cheers.
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