When he says "forever and a day" doesn't it sound like betting every race.

Put it this way. If you aren't betting every race what makes more sense is only back your favoured selection when you can get it at good odds. Otherwise don't bet.

Once you start running a book against the books, you are starting to commit your self more and more to backing every race. As you are in wait of the over the odds horse winning.

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pipped at the post