Betting on Horses is a Mugs Game
I don’t know why I have a flutter
But many do and some are addicted.
Yesterday I had a bet.
Three horses x 50p each way doubles =£3
So far you understand ?
(Normally I do a 50p Each way Trixie
Three horses x 50p each way doubles and 50p each way treble =£4)
There were no rule 4’s and no deductions
Horse 1 came 2nd at 15/2
Horse 2 came 2nd at 6/1
Horse 3 came 2nd at 9/2
You would think I had done quite well ?
Well – I got £4.22p winnings and my £3 back
Or some would say £5.72p and my £1.50 back
Pathetic – Sure- and do you know why.
Because the greedy industry gives only 1/5th the odds on the 2nd and 3rd horse in a race of 8 or more
So if the horse comes second at 5 to 1 –you get 1-1 or even money.
Which is why I double up horses but that is much more tricky
Best bet is not too!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!.
The Radical
