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19th November 2002, 04:49 PM
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Member
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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nackers,
Do you keep records of all your bets and if so have you analysed the profit/loss on the win and place portion of your bets? If not I would strongly recommend you do so.
In the majority of cases people who bet each way would be far better off sticking to either win only or place only (generally win only) rather than the each way option. If you have a look at the tipping competition website ( http://www.tlcbc.com.au/tipping.htm ) you will see that only 3 tipsters are showing an each way profit but 2 of the 3 would be much better off betting win only than each-way.
I know the argument for trying to cover your costs as long as the horse places but a lot of times you are just multiplying your losses when it doesn't run a place. My guess is you will find your profit to be much higher (or your losses significantly less) betting say 2 units for a win rather than 1 win/3 place
Just something to think about.
__________________
"Computers can do that????" - Homer Simpson
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