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Arsenal Odds, Grand National dissection
Caveman, Evil Unix Sysadmin, betting shop operative, and SuDoku addict (Its an odd mix, but someone has to do it) Started conversation Apr 11, 2006
We're going 10/3 Portsmouth, 4/6 Arsenal (who are chasing that 4th place Euro-ticket), and 12/5 the draw. Comfortable 2-0 win for Arsenal methinks. Probably also a win for Ladbrokes.
Having witnessed for the Nth time (14th or 15th, probably - Lost count) the general public getting involved in betting, the world as a whole needs to learn a vital lesson about EACH WAY BETTING.
Quite what you expect to get if you take 4/1 each-way, I don't really know. So, you get your money back if it's placed. When you do, DO NOT BE SUPRISED. Do NOT complain to customer services. When I warn you that backing a 4/1 shot each way is unlikely to be worthwhile, don't complain about my 'unhelpfull' attitude. I'm trying to save you from looking a complete gimboid infront of the regulars. Work with me here.
Seriously, betting each-way is very poor value. If you think a horse is good enough to come in the first four (or three or two, depending on the race), find the one that is likely to beat it, even if the odds are smaller, and back WIN ONLY, unless it is a suitably large price. If you really must back a horse to be placed, back it PLACE ONLY on the tote. And finally, ask. We ARE here to help, but grand national day is not the best time to ask, mainly because there are another two thousand customers behind you who also want to get their bets on in time. We are here all year, drop by and chat - We don't charge admission.
For those of you who did put your 50p each-way on Hedgehunter or Clan Royal, you get back £1.13; This represents a better profit line than leaving your money in the building society for three years, but is it really worth the risk. THAT is a good question, and it is one that we are here to answer.
Anyway, rant over. See y'all down the shed tomorrow night.
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Arsenal Odds, Grand National dissection
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