tips for the day....

[stokemaveric]

chilly filly 3.40 pontefract and multahab 5.00 brighton....good luck if you have a flutter...

[joggerjayne]

Okay.

I could go and give Multahab a bit of "Jayne encouragement"

= shouting very loudly !

ps. Chilly Filly ... fab name.

[stokemaveric]

good luck if you have them jj i am on a bit of a hot streak at the moment...a 9/2 winner on monday and a nice little 3-1 winner yesterday lol...

[joggerjayne]

I might start increasing my stakes while you're on a roll, stokey !

[Fullofsorrow]

Hello there stokemaveric are you a betting pundit? If so please answer my question as I have never gambled before except the lottery. What in laymans terms is the whole 3-1 9-2 etc.. What does this mean if you've bet £10?

[Fullofsorrow]

Sorry did i shock everyone into silence? Does no one bet £10 or is that seen as too low?

[mike11111]

3 - 1 means for every £1 staked you win £3 plus your stake back so if you bet £10 you win £30 (and your £10 back)

9 - 2 means for every £2 staked you win £9 so for £10 stake you would win £45 (plus your £10 back)

[Fullofsorrow]

So the money you spend is the right side number x the right hand number plus the stake back?
So the best betting scenario is 9-1? Do the left numbers go over 9?
Another thing am i right in saying the more popular a bet is the more likely it is for the bet winnings to go down so the bookies don't make a total loss?

[squarebear]

Sort of. You divide the stake by the number on the right and multiply it by the figure on the left.

9/1 = £10 divided by one times nine = £90 (plus your stake back) = £100
7/2 = £10 divided by two times seven = £35 (plus your stake back) = £45
The number certainly go over 9 and prices of 150/1 are not unusual for nags with no chance.

The more people put a bet on, the lower the odds become. So if a horse started out at 33/1 and a lot of money was bet on it, the odds would shorten to say 12/1 or even lower like 5/1

Most bookmakers allow you to "take a price" meaning that if you back it at 33/1, you get those odds even if the horse comes in at 5/1. The disadvantage is that if the horse goes out to 50/1, you would still only get 33/1. (Although some bookmakers offer "best odds" on some races which would pay out at 50/1 even if you took a lower price)

[Fullofsorrow]

Thanks mike and squarebear I understand it now. It sounds like easy money but we all know it isn't.

[squarebear]

There's an old saying, "You never see a bookie on a bike". You might get a few wins but the bookie makes the money in the long run.

[joggerjayne]

Well I think it's all very jolly.

nb. Some bookies are full of winos, junkies, dossers and dropouts.

On the whole, these bookies are more fun than Ladbrokes or William Hill.

[squarebear]

As a hint: "double carpet" is 33/1

[squarebear]

"Carpet" is bookie's slang for 3/1

This is beacuse the first man ever to win at 3/1 ( Oliver Corn - Cheltenham 1876 ) was actually betting in order to get enough money to buy a carpet for his lounge . It turned out however that he had been misquoted by some , frankly , mischevious carpet salesmen and had to return the next day as they had only supplied half the carpet - the rest being offered at an extortionate price - You've guessed it - at 33 times the price - hence the double carpet addage .

I don't know how true this is.

[squarebear]

What The Funicular?

[China Doll]

I put a bet on :c)

[Hopkirk]

Couldn't get to the bookies, due to daughter in tow.

If I had done £5 each way on both your tips, would I be up or down? I see one came second and one came last.

[squarebear]

You would be £10 down as they both lost. A rare off day for stokemaveric.
Chilly Filly was unlucky as it was boxed in.