Not necessarliy so Cardiff. In a filthy e/w race the win part is usually poor value but the place part can offer terrific value that outweighs the poor value of the win part.
Not necessarliy so Cardiff.In a filthy e/w race the win part is usually poor value but the place part can offer terrific value that outweighs the poor value of the win part.
I agree with you there. Place terms for 16 runner handicaps should never exceed 1/5 odds mathematically (on a 100% book). If all runners were theoretically 15/1 each and the place terms 15/4 then the bookmaker would take in 16 units and pay out 19. The shorter the favourite goes the more out of line the payouts get in favour of the punters.
Muqbil,I agree with you there. Place terms for 16 runner handicaps should never exceed 1/5 odds mathematically (on a 100% book). If all runners were theoretically 15/1 each and the place terms 15/4 then the bookmaker would take in 16 units and pay ou
Backing e/w is a waste of money. You are betting on the assumption the horse wont win.
Consider a 10/1 chance. Your stake is £50 - you bet it to win, it loses and you're down £50. Sametotal stake (but e/w) = £50, it loses ,you're down £50. If it wins( win only) your profit is £500. Backing e/w(assume 1/5th odds) your profit is £300 If it places - you profit £25 for your £50 ( i.e a 1/2 shot)
For those who keep a record of all your bets. Odds are,that a single win only bet(at your stake), will make more profit over the long run, than will an each way bets ( halving the stake)
Backing e/w is a waste of money. You are betting on the assumption the horse wont win. Consider a 10/1 chance. Your stake is £50 - you bet it to win, it loses and you're down £50. Sametotal stake (but e/w) = £50, it loses ,you're down £50.If it
If the favs 1/5 on & second best is the 10/1 shot in a 8/9 runner field you would have to be a sandwich short of a picnic NOT TO BACK THE 10/1 SHOT E/WAY.
If the favs 1/5 on & second best is the 10/1 shot in a 8/9 runner field you would have to be a sandwich short of a picnic NOT TO BACK THE 10/1 SHOT E/WAY.
a) the odds you describe for 2nd fav - not likely b) if you're betting in these type of races - i'd give up c) very often what looks obvious - will lose you money imo !
geoff ma) the odds you describe for 2nd fav - not likelyb) if you're betting in these type of races - i'd give upc) very often what looks obvious - will lose you money imo !
So my trainer has a win % of 5% and a place % of 40%. He runs around 40 horses per year(very typical)
I place 40 * £50 win per race @ 10's = 2 winners (1000 profit), 38 losers (1900 loss) Total - 900 loss
I Place £25 * £25 EW per race @ 10's = 16 winners (1000 profit), 24 losers (1200 loss) Total - 200 loss
Dont matter how you look at it percentages and price is everything. FACT
So my trainer has a win % of 5% and a place % of 40%. He runs around 40 horses per year(very typical)I place 40 * £50 win per race @ 10's = 2 winners (1000 profit), 38 losers (1900 loss) Total - 900 lossI Place £25 * £25 EW per race @ 10's = 16 wi
Lol geoff m I wouldn't play that market, thats how many punters see it. My point is you cant say its better or worse without stats.
I'd rather do a short priced each way double ;-)
Lol geoff m I wouldn't play that market, thats how many punters see it. My point is you cant say its better or worse without stats.I'd rather do a short priced each way double ;-)