I remember reading some time ago that if anyone layed every horse in every race at equal amounts they would end up losing.

If that is true, then it follows that backing every horse should win or at least lose a max of 5%.

On another thread on this forum I state that I'm backing between 70 and 80% of the runners in selected races. Over the three days (began betting on Wed) if I had backed every horse in these races regardless of form, price, whatever, I would have shown a profit for every day. In fact, yesterday the profit would have been double what I made with the usual system.

And today is no different. With only one race to go I cannot lose in both the normal and "bet every horse" systems. And again today the profit will be at least double for the "bet every horse" system.

It makes one think...