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Longest starting price

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Viewing 17 posts - 52 through 68 (of 87 total)
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  • #1559680
    Avatar photorobnorth
    Participant
    • Total Posts 8243

    I just did, apparently I’m still here!

    #1559686
    Avatar photoThe Tatling Cheekily
    Blocked
    • Total Posts 2723

    Good man.

    BUY THE SUN

    #1559694
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    The so-called evolution of man in reverse – smart phone storage….Filofax….err….shed.

    So some got off the evolution bus at “Shed” – no big deal.

    I’ve never had a shed (or a Filofax) but if I did I’d have it painted blue, have “Police Box” written on it and try to get the BBC interested in buying it for an exorbitant sum.

    I am "The Horse Racing Punter" on Facebook
    https://mobile.twitter.com/Ian_Davies_
    https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
    It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"

    #1559695
    Richard88
    Participant
    • Total Posts 3374

    On the subject of maximum odds, I haven’t had a bet in a long time but I still take an occasional interest in the odds on some events (why this is I have no idea). Anyway, I usually look at Bet365 to get an idea because they have a good website and the odds will be near enough the same everywhere. One thing I have noticed since Leicester won the Premier League at 5,000/1 is that they never price anything up at more than 4,500/1, even the stuff that will never happen in a million years like San Marino winning the World Cup. I’m pretty sure they would still only give 4,500/1 on me to knock out Anthony Joshua.

    I guess maybe the 1,000/1 SPs disappeared because people who blindly chuck a quid or two on regardless would still bet it at 500/1 and they figure that in the event it does come in, they save a fortune on the few that back it. The value hunters (after all, any price can be value) would probably be put off by a smaller price too.

    Sorry for the long, boring post ;-)

    #1559696
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    A bookmaker friend of mine says there comes a point where even the most recreational of punters won’t have a bet because the odds of an outcome are so big they think it must be impossible for it to happen.

    He bets a lot at the Points and says a Bank Holiday crowd won’t back a no hoper if he puts it up at 100/1, but if he goes 20/1 he will take a few quid on it.

    A sort of law of diminishing returns as you push the odds out.

    I am "The Horse Racing Punter" on Facebook
    https://mobile.twitter.com/Ian_Davies_
    https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
    It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"

    #1559700
    Avatar photoThe Tatling Cheekily
    Blocked
    • Total Posts 2723

    “I’ve never had a shed”.

    Good god.

    BUY THE SUN

    #1559703
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    Actually, I tell a lie.

    I once bought a house that had a shed – so I kinda inherited one.

    I kept a lawn mower in it.

    I always did know how to live life in the fast lane.

    I am "The Horse Racing Punter" on Facebook
    https://mobile.twitter.com/Ian_Davies_
    https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
    It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"

    #1559705
    Avatar photoThe Tatling Cheekily
    Blocked
    • Total Posts 2723

    I dislike false-shed modesty. You have clearly been a shed owner, so don’t falsely look for shed-sympathy.

    It is acceptable to keep a lawnmower in a shed. Well done.

    BUY THE SUN

    #1559726
    Marlingford
    Participant
    • Total Posts 1822

    Thanks Richard88. I reckon there is something in what you say re the huge odds – 500/1 and 5000/1 are both hugely unlikely, and 500/1 keeps a cap on things.

    Tatling, your guidance on what can be stored in various types of outbuilding has been very instructive. If only Josef Fritzl had consulted you about appropriate uses of a cellar a whole load of problems could have been avoided.

    #1559728
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    I feel well and truly told off.

    And no doubt deservedly so.

    Question: What’s worse then being accused of being a “Champagne Socialist?”

    Answer: Being accused of being a “Shed Socialist.”

    The shame.

    I am "The Horse Racing Punter" on Facebook
    https://mobile.twitter.com/Ian_Davies_
    https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
    It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"

    #1559827
    Richard88
    Participant
    • Total Posts 3374

    A bookmaker friend of mine says there comes a point where even the most recreational of punters won’t have a bet because the odds of an outcome are so big they think it must be impossible for it to happen.

    He bets a lot at the Points and says a Bank Holiday crowd won’t back a no hoper if he puts it up at 100/1, but if he goes 20/1 he will take a few quid on it.

    A sort of law of diminishing returns as you push the odds out.

    Interesting, thanks. The polar opposite to my thinking that when the odds are past a certain point, the horse can’t possibly be that bad that it should be such a long price.

    As an aside I think Laura De Minishing-Returns was representing one of the Oxford colleges on University Challenge the other week.

    #1559833
    Avatar photoThe Tatling Cheekily
    Blocked
    • Total Posts 2723

    I can well believe it – plenty of punters back ‘un-named favourite’ in the shops for example.

    BUY THE SUN

    #1559892
    homersimpson
    Participant
    • Total Posts 3079

    Probably something trained and ridden by Dr Philip Pritchard.

    #1561235
    Seasider
    Participant
    • Total Posts 773

    I’ve read an uncorroborated report concerning a beast named Wishing Ring who, on 17 June 1912, duly obliged at Latonia racecourse (now Turfway Park) in Kentucky.

    The article states that Wishing Ring paid $1,885.50 to a $2 stake, giving an impressive return of 941/1.

    #1561309
    Seasider
    Participant
    • Total Posts 773

    The early mechanisms of Tote/pari-mutuel systems across the planet clearly threw up the occasional atypical payment when a single racecourse punter scooped the win pool on a particular race, which is perhaps what occurred with Wishing Ring.

    It certainly happened at Haydock Park sometime in November 1929 when, in the first year of the tote operation on British racecourses, only one punter bought a ticket for a winner named Coole thereby collecting the money at odds of 3410/1.

    This remains the highest ever win dividend in the Tote’s history.

    #1561386
    Salut A Toi
    Participant
    • Total Posts 206

    Top investigative work Seasider – what was the take out in 1929 , do you know?

    #1561397
    Seasider
    Participant
    • Total Posts 773

    Thanks, Salut A Toi.

    The cost of a Tote win ticket in 1929 was 2 shillings, so the fortunate punter would have collected exactly £341 at the payout window. This is roughly £22,000 in today’s money, depending upon which inflation calculator is used.

    In 1929 £440 was the average house price in London, so there’s a nice deposit if you were thinking of settling down. For a more mobile individual, £341 would have bought you nearly 3½ Morris Minors.

Viewing 17 posts - 52 through 68 (of 87 total)
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