
9th January 2008, 04:19 PM
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Member
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Join Date: Dec 2007
Posts: 219
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Quote:
Originally Posted by Chrome Prince
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I would have still lost most of my bank at either TAB or BF odds for the lay.
I know why I lost most of the bank; again I was laying it based on the TAB odds being that its was unlikely to win. So I would take the BF lay odds so I could get the lay matched. That was the "angle" I was taking on coming towards my selections. It was assumed that the market would know better than me in selecting winners. I wasn't limiting the bank and was staking high amounts to win back the bank "at all costs".
Its a good exercise in not doing that tho, as something happened in that race that totally messed with the field. So its a good example for limiting ones liability when laying (for the unforeseen).
Don't get me wrong, if I was actually risking my own dosh, I would be limiting my liabilty and protecting my bank thats for sure.
What I'm trying to work out, is how reckless can I be, and how much effort do I need to invest for success.
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