Anyone else like a bet?

[lordna]

Best way to win at the horses is to become a bookie! My dad always used to say you never see a bookie on a pushbike!

[Ako Si Jamie]

My mates theory was to always back the favorite since they logically win more races,if it wins then well done,if not go to next race and put the money on needed to win plus recoup from previous race.
He did it on paper and seemed to do ok but of course the amount you have to lay out shoots up tremendously if you keep loosing
You might need to be betting £1000 to win a tenner!

Dodgy system Les. A few years back a favourite failed to come first for about 30 or 40 consecutive races. I can't remember the exact number.

Another story I heard was when a student put a £2000 bet on a football match in the African Cup of Nations. Team A were winning 4-1 with around 13 minutes or so to go. The student backed Team A to win at ridiculously low odds. If he had won the bet he would have pocketed around a measly £44. The game ended 4-4.

[KeithD]

Best way to win at the horses is to become a bookie! My dad always used to say you never see a bookie on a pushbike!

That's simple these days, just use the betting exchanges, but thousands of profitable systems exist for both backing and laying. The bookies only make 1% ROI, and then have to pay 10% tax out of those profits, so they need to bet £Millions to make anything decent, and a bad meeting like Cheltenham or Royal Ascot can really deplete yearly profits.

Dodgy system Les. A few years back a favourite failed to come first for about 30 or 40 consecutive races. I can't remember the exact number.

Form memory, you needed an 8 figure sum in the end to win £1

Here's a simple system that has profited for decades, back all horses 1/5 or less. Longest losing run was 3 in the early 90's.

[gWaPito]

i have only been in a bookies the once and that was 35+ years ago never been in one since

Have you noticed theses shops nowadays tend to attract a certain breed No doubt with family at home with no food in the cupboards.

[gWaPito]

Dodgy system Les. A few years back a favourite failed to come first for about 30 or 40 consecutive races. I can't remember the exact number.

Another story I heard was when a student put a £2000 bet on a football match in the African Cup of Nations. Team A were winning 4-1 with around 13 minutes or so to go. The student backed Team A to win at ridiculously low odds. If he had won the bet he would have pocketed around a measly £44. The game ended 4-4.

That's the trouble with backing in a 2 horse race..the odds are naff...it only improves when you start predicting score and times etc..then it becomes a lottery

[Ako Si Jamie]

Here's a simple system that has profited for decades, back all horses 1/5 or less. Longest losing run was 3 in the early 90's.

Interesting. 1/5 is 1.20 in decimal terms yup? I'll look into that using Timeform sometime.

[SimonH]

Royal Ascot starts today and all the bookies are trying to out do each other with special offers. The best one for me this week is Ladbrokes who are offering your money back if your horse comes second, suits my method of betting perfectly

[stevewool]

i have no idea what and how to place a bet and who might have a chance of winning too, buy hay ho, rather have the money in my pocket and just be happy for the other guy who wins