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, Mar 14, 13:29:33