17th February 2008, 11:57 AM
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Member
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Join Date: Jan 1970
Posts: 1,096
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Quote:
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Originally Posted by Mark
A disappointing day yesterday with a miniscule profit of $6 for the effort.
I worked 19 races and laid 7 winners. The undoing came late in the day with 3 in a row getting up (M8, S8, B7) and a $40 profit suddenly became a $17 loss.
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Sorry about that, and I mean it. This is one of the reasons I keep away from laying, (apart from the fact I know little about it) but at least with backing your return is, your bet multiplied by the odds, with laying you only get the other punters stake!
If out of 19, you get 7 winners you would be doing a lot better than most of us, by backing your selections!
Just a thought.
I only average about 18% for my first selection and still making good profits.
Good luck |