Re: Wilko (359 Views)
Posted by:
sekrah (IP Logged)
Date: May 10, 2005 04:43PM
I disagree big..
I sold about $1500 worth of bets on Bellamy Road at 8-1 to a dozen different folks at my OTW, and another $400 on Bandini at 15-1. (Shhhh... Keep this between you and me).
If you are better than the public at setting percentages of a horses chances, (Which isn't hard), and if you had the bankroll to handle the swings, then you could make a living off it.
If I think Bellamy Road has less than 10% chance of winning the Derby, I'll make a fortune with that edge all-day.
I make a good chunk of money on the side of my day job, by selling people losing tickets. It's a whole let easier selling losers than it is winners in this game. I have to payout every now and then, but not as often as I collect.
Spot the crumb-bum, sure to "X-Out" favorites, and sell them to the suckers.
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