Daily Racing Thread Monday 11th. Jan. 2016

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Sorry Stickler!.Needed that as a little boost,on a right downer after hearing Bowie passed earlier.The man was a legend and I don't use that word too often.
 
TopClass said:
Boil, if the horse wins, you get £80 return (20x4.0=80......60 quid profit and your 20quid stake back). Remember, 4.0 is the same as 3/1.

If you lay the horse in play at 2.0, that's the same as laying it as Evens. So your liability in this bet is £20, and if the horse does lose, you win the backers stake of £20 plus getting back your £20 in liability.

So if the horse in question WINS- you return 80 quid (4.0 x 20), so 60 quid in profit on that. However, because you laid it at Evens in running, you lose your 20quid liability so your overall profit is £40.

If the horse LOSES, your 20 quid win bet at 4.0 is down the pan. However, you laid it at 2.0 (Evens) so you win 20 quid from the backer plus your 20 quid lay bet liability back. So you get £40 return in total having staked £40 overall, hence the 'no lose' idea.


Easiest way to remember decimal odds is to knock a 1 off the first number:

4.0 = 3/1
3.0 = 2/1
2.0=1/1 (evens)
Click to expand...
So the only way you lose is if the horse loses and your lay bet isn't matched. Chances are that it would probably only be matched if it looked like winning. If it didn't look like winning the Evs wouldn't be available.
 
Does anyone know the stats on losing favs with an SP of Evs or shorter?
 
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