4th December 2007, 06:12 PM
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Member
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Join Date: Jan 1970
Posts: 4,441
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The problem is that more often than not you can't lay at anywhere near $6.00, probably $7.00 to $7.50 or more, which means that all advantage is lost.
Coupled with that are the horses you can get set @ $6.00 means the horse has probably firmed from $6 to $5.50 or $5.00 and you are still over the odds.
Complicated game this.
Take the $6.00 win scenario, the correct(?) price is $7.20 @ 20% takeout.
$6.90 is the breakeven point less commission, so you have to lay at LESS than $6.90 to make any money at all.
Very hard to get set at that price for a $6.00 horse.
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