The pleasure in not backing a loser

I am pretty sure that I am not the only punter who finds not backing a winner worse than backing a loser. The agony when the horse that you have followed 3 times and then abandoned only to see it hack up the first time it runs without the burden of your money on its back. Even worst the bet you intended to have but for whatever reason (beer sometimes features) you did not have. I even cheered a horse home once only to check my account afterwards and find I had backed a completely different horse in error.

Well for - with hindsight - stupid reasons I had decided to back the draw in the current 3rd test between India and England. Even with the 2% commission the 7.2 available on Betfair was the best odds available (it was 13/2 with most bookies). I placed my £20 assuming it would be matched.

As I type the Indian 1st innings is about to end (England have already been all out) and it is only the morning of the 2nd day. The draw is now available at 490!

Then I noticed that my bet had not been matched. Not backing a loser felt almost as good as backing a winner. And it's a cracking low scoring test match.

Comments

Post a Comment

Popular posts from this blog

5 for tomorrow - Grooveur has given me too much confidence!

2.05 Uttoxeter - Oski  is an utter dodge pot but is surely an each way bet to nothing? Maybe put in the forecast with Beaufort West? 2.40 Uttoxeter - Barney Bateleur is going to win over fences and this is a hurdle race so small stake only but I think Stormy Flight is handicapped to win it. Again maybe dutch them and a small dual forecast. 3.10 Uttoxeter- Susy Smith has gone all the way to the (north) midlands to run Animal. I think this horse will win again one day. Currently 6/1. 5.10 Ffos Las- Saddlers Quest. Came 5th at 100/1 under a "quiet" ride at the same track on 4 February. Should be of interest in a handicap (which this is). Sorry some of them are in the same races.
Read more

Restricting - Sorry Sir we do not want your business

Last year - before 'lockdown' obviously - I was invited by Racing UK (Racing TV as it is now) to a kind of focus group. We probably did not meet the usual diversity criteria. Basically we were all white men aged in our 50's and 60's, which I suspect makes up a considerable portion of the Racing TV subscribers. We were asked to introduce ourselves and detail our interests in racing and betting. What then followed was each of us in turn describing how we watch and bet - followed by tales of how various bookmakers restrict us. To be honest there may have been a small bit of boasting going on - "I've been banned by more bookmakers than you" - but there is little doubt that our collective experience was that if a punter shows a degree of skill in his wagering then the bookies do not want your business. I thought it might be interesting to report my experience of being restricted. My local Ladbrokes betting shop were promoting their Grid card (similar to a super...
Read more

How to bet on freemasons with sticks

Ok golf is not exactly my favourite sport - better than motor racing and ice skating maybe but apart from the Open and the Masters I struggle to take much interest. Those clothes, the saloon bar image, the rather old fashioned attitudes to women, shorts and wearing jeans, and now players and clubs which enable the top players to hit the ball so far that the best courses are no longer a challenge. In my previous job there were always a significant number of keen golfers who took every opportunity to play the sport which us non-participants called 'freemasons with sticks' (as it happens with some justification. I do though occasionally have a bet on it though. It is one of the few sports where there are regular 100/1 winners and even Tiger Woods in his pomp would go off 3/1 plus. Obviously at those prices picking the winner is difficult but there are some factors which can help. Golf is very much a form game with players having hot (and cold) streaks). The trick is to spot the pl...
Read more