Well, I'd say quite a happy punter

Shelling out, say, £8 per race is a total stake of £8000 of which £5500 is returned as winnings plus original stake of £4000 equals a nice £1500 profit (just under 19% which is a great return in any market). Although that's less commission and/or tax and, of course, time taken to select and place the bets (could be substantial). Dunno what the average win-lose ratio is for the average punter (or even genius punters like SCC); but I bet (hoho) it's a lot less than one in two even at short odds.

Posted By: BerlinCanary on March 14th 2008 at 13:29:33

Message Thread

fao shoddy (Betting) - SCC 28, Mar 14, 12:02:55
- Except... (Betting) - Kangol Canary, Mar 14, 13:14:31
  - Well, I'd say quite a happy punter (Betting) - BerlinCanary, Mar 14, 13:29:33
    - amazing how such a simple question (Betting) - SCC 28, Mar 14, 13:31:48
      - Well, I don't bet very often but it's simple maths at the end of the day (Betting) - BerlinCanary, Mar 14, 13:37:17
        
        exactly it's just maths (Betting) - SCC 28, Mar 14, 13:44:21
        
        Poker's different to horse racing though (Betting) - BerlinCanary, Mar 14, 14:35:25
  - what the hell are you on about? (Betting) - SCC 28, Mar 14, 13:21:56
    - 2/1 reflects 333 winners from 1000 (Betting) - SCC 28, Mar 14, 13:26:39
      - 11/8 would be 421 (Betting) - SCC 28, Mar 14, 13:30:32
- surely (Betting) - Tony Martin, Mar 14, 12:20:19
  - *shakes head* (n/m) (Betting) - SCC 28, Mar 14, 12:39:45
    - explain (n/m) (Betting) - Tony Martin, Mar 14, 12:51:58
      - don't lose means it wins (Betting) - SCC 28, Mar 14, 12:54:34
        
        ahh ok happy punter, i thought you were doing a trick question (n/m) (Betting) - Tony Martin, Mar 14, 12:56:05
        
        nope (Betting) - SCC 28, Mar 14, 13:00:43
        
        Bet big on shorts odds, over time you'll almost always be up. (n/m) (Betting) - tudders, Mar 14, 13:03:22
        
        well i don't agree with that (Betting) - SCC 28, Mar 14, 13:06:15
        
        Well yes, not just any short price obviously. (Betting) - tudders, Mar 14, 13:13:49
        
        No you are not (Betting) - Kangol Canary, Mar 14, 13:16:01
        
        I have, and don't entirely agree. (n/m) (Betting) - tudders, Mar 14, 13:19:14
        
        that's because he's written a load of randon nonsense (Betting) - SCC 28, Mar 14, 13:22:28
        
        random (n/m) (Betting) - SCC 28, Mar 14, 13:22:39

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