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You Cannot Be Serious – Do You Do it For Fun?
There are certain places that just seem to bring up the discussion of betting and local places are one of them. Last weekend, my drinking buddies and I had a pleasant conversation with a fellow gambler while enjoying a pint or three.
This person was obviously very knowledgeable telling us all that he had found a “successful method”. Now I’m sure we’ve all met a similar person in our community but this person seemed so credible in his arguments that my friends and I all listened carefully to see if we could glean some useful information. A wise elder once told me that… “…even a fool has something to say”!
So what did this man reveal? Basically his strategy was basic and involved picking two horses available at 5/1 or more, nothing fancy there. They will support both as one option each and each option doubles, again, nothing new there.
So what was the big secret, nothing really and since the guy doesn’t keep any records he couldn’t tell me how many points he won or lost, but he explained that he got a lot of profits “usually. “… have you ever heard that somewhere? Now, to be honest and give it due, I’ve obviously heard about the good and re-used old doubles in the past, but I truly believe that in today’s market it has lost some of its former power. living in the good old days.
Using a £1 wager this would cost him £6 over the course of the season which I think is good for a fun bet however, you need to have a lot of interest to come out with any profit and I’m sure. lost days are quickly forgotten by telling others how well they did. As you know, betting of any kind is very difficult to produce so it is very popular with bookies, online and on the high street. If you doubt this, just walk around town or open your browser to the internet community and you will see the number of betting companies that sell their multiple bets.
There are, of course, many bets available from Trixie at one end to Heinz at the other. These multipliers have always been popular with punters and for a long time. And why this is, well, it’s simple, it’s a “greedy factor” associated with the possibility of achieving great success at a minimal cost. This is what always attracts the punters. Even today, both National and Euro Lotteries work in the same way.
Back in my early days, my biggest bet was my poor attempt at picking the winners on the popular ITV6 show (I must be showing my age because you’d have to be old to remember this). I spend most Saturday afternoons watching TV and watching my horses get lost, not getting any closer. Anyway it was fun and I like it and that’s what makes betting fun. You don’t invest a lot of your winnings but you always have the chance that, maybe one day, you can win a lot of money and fly to the Bahamas for an early vacation.
So, going back to the real world for a moment, most sportscasters avoid betting of any kind for just one reason, and that is that it is often difficult to find one winner, never mind two or more.
I also have to question the value associated with backing any method these days, because after 1/5th of the return unless all the horses get a place it is unlikely that you will pay the money. As another way to help support each method it would be very profitable to choose two other horses and place winning bets on them.
I have another problem with multiple bets because you can have more money on horses than you are comfortable with. So you have double backed and let’s say your first horse wins at 10/1 which means you have £11 on your second horse. Now I appreciate that this is obviously a multiple bet idea; however, if you backed the first horse as a single, are you happy to put all of your stake and winnings into your second choice? I can’t doubt that I won’t be happy.
So, in conclusion, fun betting can work and can be a cheap and fun game for an afternoon or evening. However, if your goal is to make a steady income from horse racing, this is not the best way to go. Most profitable punters take the time and effort to find one winner and then bet on it. Providing their selection method is reliable, this should show a better return compared to trying to win multiple bets.
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