17th December 2004, 07:32 AM
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Member
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Join Date: Jan 1970
Location: newcastle nsw
Posts: 436
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Quote:
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Originally Posted by moeee
If you narrow the event down to 3 chances,why not put a reasonable price beside each horses name and back them as though you were getting that price.
If in fact one of your trio will not return a profit with the stake you assign,then leave that stake in your wallet and only back the other 2.
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The "money back" horse clearly means money back on the total bet.
What particularly appealed to me about that race yesterday was the fact that it was "wide open".Anything could win it and anything did.Plenty of exposed form,etc.. shrugs,,,I thought it was worth a punt.
This example just happened to work out at a 100% (or so) profit for a win.Quite frequently this method exceeds that figure considerably.I'm the first person to say that there is nothing new about punting this way.Covering your bet has been around forever.Bookmakers operate this way.Technology has refined the method and made the calculations instantaneous, it also permits you to throw in last minute variables at the click of a button.Including manipulating saver and win bets to gain the best advantage.It also means maintaining a close watch on the market and reacting to it.It works well for me.
I run a place betting column in conjunction with my dutching column.It holds it's own,but over time I do better dutching my bets.Particularly as I run a recovery staking plan (a variation of the retirement plan) in conjunction with it.As I've said before.Each to his own. Good luck,, good punting..
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