27th December 2007, 10:49 PM
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Member
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Join Date: Dec 2007
Posts: 10
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Quote:
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Originally Posted by Chrome Prince
Yeah, bet $10,000 to win $10 on a favourite.
The favourite might be a 4/1 favourite and you are backing it at odds of less than $1.01, that's why it doesn't work, you are ensuring the worst possible value on the largest bets.
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This in my humble opinion is complete trickery.
Since when does any punter take odds of $1.01 about a $5.00 horse?
NEVER.
If $10,000 is wagered on a horse at $5.00, then the odds for that wager ARE $5.00, NOT $1.01!!!
The amount of a wager needed to recover past losses, whether the wager is $5 or $5,000, DOES NOT alter the odds obtained by that wager on a horse. |