Originally Posted by place2win

Wednesday 26/10/2011

Current Bank(Lay)............$458.80..Current Bank(Back).........$1215.67

Unit Bet (Lay) 1% (original Bank $1000) = $10 (UB Train Back Bet =$10)
Max Lay Liability $5.00($6.00) Max Back -Alt of lay( all at 10 sec to jump time)
Bendigo R 4 No 1/8**************No 8 $17 winner Betfair
Bendigo R 5 No 7/9
Bendigo R 6 No 1/8
Warwick Farm R 4 No 6
Bendigo R 7 No 2/3
Warwick Farm R 5 No 2/3/5/7/8
Bendigo R 8 No 2/6/8
Balaklava R 6 No 2
Warwick Farm R 6 No 7/12
Eagle Garm R 5 No 3
Ascot R 2 No 2
Bendigo R 9 No 1/4/8/11**********.No 11 $46 winner Betfair
Warwick Farm R 7 No 2/4/6/10
Eagle Farm R 6 No 3/4/6/9
Ascot R 3 No 5/7
Bendigo R 10 No 7/9/10/16
Balaklava R 8 No 2/9
Eagle Farm R 7 o 4/7/12
Ascot R 4 No 5/6
Ascot R 7 No 1

Originally Posted by Bhagwan

One way of betting those $15.00+ shots is to divide the horses price into a set Take out figure.

Example using 2% of $1000 bank.
$20 divided by say 46.00 = O/L .43
Ret 20.00
O/L .43
Prof $19.60

and

$20 divided by say $17.00 = 1.17
Ret 20.00
O/L 1.17
Profit $18.83


Doing it this way , we a limiting the liability as much as possible.

It is also a way of betting where if it falls over , we are not going to lose any sleep.
A punter naturally feels uncomfortable placing the same amount on a $46 shot as to say a 4.00 shot.
They will often frighten themselves once they clap eyes on its high price & change their bet, only to see their original selection , get up to win at juicy odds - frustrating stuff.