
13th September 2011, 07:52 PM
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Member
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Join Date: Jan 1970
Posts: 2,788
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The Ocho, there are different variations, but you've got the basics. I'm betting on a horse to win $100 less the stake. For example, if the horse's price is $20 or thereabouts I will bet $5 on it, and if it wins, the profit on that particular horse will be around $95. I do this for all the selections.
I've discovered that the price of the fave normally shortens after placing my bet, so if it wins I normally get less than expected, and if it eases in the betting then the increased price is usually negligible. However, the opposite is generally true for the others. From tomorrow I'll be omitting the fave but adding another selection to replace it.
This will mean the total stake is not as high, and the winner (providing it's not the fave) should hopefully pay more than expected.
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