10th January 2009, 11:52 AM
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Member
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Join Date: Jan 1970
Posts: 4,415
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The slight problem with this approach is when there is a late scratching and deductions ruin it all, or you work for ages and can only lock in a 10% loss across the board.
They don't tell you about when you lose no matter what horse wins the race - a very sick feeling indeed.
Often bookies will put up fake odds and when you go to put on the bet, the odds aren't (and never were available) or are snapped up by someone else ahead in the queue.
For what it's worth, if you have a huge and massive bank, it works.
Sean Bartholomew (one of Australia's biggest punters) employs very similar tactics to get over the odds on the top end of the field.
If he likes the favourite, he'll back the horses around it everywhere and suddenly the favourite eases, he gets better odds before CRUNCH on the favourite.
He'll manipulate the market because he has the power to do so.
It's a very bad tactic to do this without the bankroll to back it up.
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