Mug Punters

UrbanSea

It's no wonder bookies make so much money.

There was a race in Boyles yesterday,they were doing jollies and the rags.Some fellas beside me were on about the great bet they did,cos they were backing the first four in the market at 6/4

Jollies priced at 6/4,the field 1/2.
Prices of the four jollies were:
6/1
8/1
14/1
15/2

It was a field of about 16. I loled when the first three home were something like 16/1,16/1 and 20/1

Let us work out the basic maths on this bet:If you backed the four in singles,if the 6/1 won you'd get 9/4 compared to 6/4
8/1 you'd get 4/1
14/1 you'd get 10/1.

Such a shower of goons taking that bet,and I see it everyday.

UrbanSea

I got my maths wrong on the first,3/1,that's even worse.

Juwwi

If your going by level stakes you have your maths wrong twice its 3/4 on the 6/1 shot.

You lay out 4 and get back 7 so 3/4.

ft9

Whens your 1st lot of exams in college US?:D

Juwwi

And by dutching the 4 of them the odds work out as 2.28
so at 2.50 they were getting value :pac:


http://www.oddschecker.com/betting-tools/dutching-calculator.html



Edit you have to type in the odds into the calculator yourself for some strange reason.

UrbanSea

robbie1977 wrote: »

If your going by level stakes you have your maths wrong twice its 3/4 on the 6/1 shot.

You lay out 4 and get back 7 so 3/4.

tenner at 6/1 returns 60 profit
Minus 30 on from the 3 losers

Would give 30 profit,I mean 3/1 on the individual horse

UrbanSea

ft9 wrote: »

Whens your 1st lot of exams in college US?:D

Dunno,whenever it is it's too soon

funnyname

UrbanSea wrote: »

tenner at 6/1 returns 60 profit
Minus 30 on from the 3 losers

Would give 30 profit,I mean 3/1 on the individual horse

In your example you bet 40 to win 30 not 10 to win 30

UrbanSea

UrbanSea wrote: »

It's no wonder bookies make so much money.
............

Jollies priced at 6/4,the field 1/2.
............

If they take €50 on the jollies and €100 on the field they pay out either €125 or €150. Imagine if Betfair was like that, drooooooooooooooooool :pac:

JONJO THE MISER

UrbanSea wrote: »

It's no wonder bookies make so much money.

There was a race in Boyles yesterday,they were doing jollies and the rags.Some fellas beside me were on about the great bet they did,cos they were backing the first four in the market at 6/4

Jollies priced at 6/4,the field 1/2.
Prices of the four jollies were:
6/1
8/1
14/1
15/2

It was a field of about 16. I loled when the first three home were something like 16/1,16/1 and 20/1

Let us work out the basic maths on this bet:If you backed the four in singles,if the 6/1 won you'd get 9/4 compared to 6/4
8/1 you'd get 4/1
14/1 you'd get 10/1.

Such a shower of goons taking that bet,and I see it everyday.

I know mate but youu gotta live and let live, i have a lot of friends like this and i just leave em at it now, no point explaining and as it has often worked out i ended up lendng a 50 off them at the end of the week:pac:

myflipflops

funnyname wrote: »

In your example you bet 40 to win 30 not 10 to win 30

What he said.

Backing the 4 favs gives you about 2.28 in decimal prices so the 6/4 is a decent increase on that.

UrbanSea

Alright well forget the first one.
Particularly the 14/1

the groutch

Urban, your lack of knowledge of dutching disappoints me

UrbanSea

Haha not as much as it disappoints me, that's why I don't get into that ****.


Nor do I stand around the bookies all day backing a horse in every race followed by a cartoon dog like other mugs

Mellor

UrbanSea wrote: »

Let us work out the basic maths on this bet:If you backed the four in singles,if the 6/1 won you'd get 9/4 compared to 6/4
8/1 you'd get 4/1
14/1 you'd get 10/1.

Such a shower of goons taking that bet,and I see it everyday.

What way were you trying to work this out. LOL
Also, at calling them goons because that could work out the odds :rolleyes:

Simple terms
$40 @ 6/4 returns $100 if any top 4 win.

Betting @10 on each horse as in your OP returns
70, 90, 85 or 150

So its +EV for the 3 favourites.

AstonMartin

UrbanSea wrote: »

Haha not as much as it disappoints me, that's why I don't get into that ****.


Nor do I stand around the bookies all day backing a horse in every race followed by a cartoon dog like other mugs

no need to get defensive. they bet because they see something in the bit of information on the racing post sheets or because ruby walsh is the jockey, they dont expect to win overall. Some are degenerates and some go to the bookies to have a bit of fun with mates and stick to fiver bets. Dutching is not ****. Where did you learn all the buzzwords but none of the math?

UrbanSea

Mellor wrote: »

What way were you trying to work this out. LOL
Also, at calling them goons because that could work out the odds :rolleyes:

Simple terms
$40 @ 6/4 returns $100 if any top 4 win.

Betting @10 on each horse as in your OP returns
70, 90, 85 or 150

So its +EV for the 3 favourites.

Haha I have no idea how.

Trust me,these fellas didn't work out the odds.

AstonMartin wrote: »

no need to get defensive. they bet because they see something in the bit of information on the racing post sheets or because ruby walsh is the jockey, they dont expect to win overall. Some are degenerates and some go to the bookies to have a bit of fun with mates and stick to fiver bets. Dutching is not ****. Where did you learn all the buzzwords but none of the math?

I genuinely didn't get defensive,I wouldn't have laughed if I was.

I didn't literally mean it as ****,it was just the phrase 'that ****',not that it was actually ****.

And what buzzwords are you on about?