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Posts
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24 minutes ago, MCLARKE said:
You are assuming 1 of these horses will win, quite a big assumption !
Perhaps a real life example might help
Not really - what is happening is that by assessing the betting value of the field you are giving yourself a better chance of making a profit. Why would you want only one horse running for you in a field of ten runners ?
Most gamblers could evaluate a field of 10 runners and find two or three that are not capable of winning the race in question - which would leave you with three-fifths of the field running for you. If you couldn't back a winner under those circumstances you should probably be collecting stamps.
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On 5/6/2024 at 4:20 PM, frames said:
taking 3 or 4 against the field for a total of less than 100% guarantees a profit
@MCLARKE I think he meant to say IF one of them wins here. I think that's where some confusion has arisen.
Overall though this thread has got a bit derailed with everyone talking at cross purposes. I could be wrong of course, but in an attempt to stop the chaos, I'll try and summarise thus.
You were making the valid point about extra place races; backing each way is likely to be more profitable in the long run than backing win only. That's because the extra places reduces the overround that the e/w punter is up against relative to win only. A fair point and well enough made.
Unfortunately, t'other fella has been thrown by your theoretical reference to backing every runner in the race and gone down the route of explaining to us how markets work and how dutching works. All of which was a bit "teaching granny to suck eggs" and not really relevant to the point you were making.
Might be best to leave it there but if there are any more posts that miss the point or explain things that don't really need explaining I'll delete them to keep things tidy and on topic.
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You are assuming 1 of these horses will win, quite a big assumption !
Perhaps a real life example might help
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Wow.
Dolan, Hall, De Graaf, Ratajski
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