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Chris indeed, I didn't feel the need to read back and see who you were, and it makes no difference, I'm hoping you put your £10 down not on the basis of "this is a canny £10 and will pay for a few drinks down the local" but more like "F*** it for a £10; why not?"
The "why not" was that it was not that smart.That is the same then as it is now. The bookmakers counted on people underestimating the probabilty and taking their money. They are an enterprise in creating wealth for their owners not their customers.
As such they will always under represent the true likelihood of an event, unless they operate a "spread" then they don't really care, whichever way you "buy" you are instantly in debt and they have data to suggest that people hold on to losing positions longer than winning positions, so if you do win big some other poor sap is paying for it!!
It's not an attack on you as a person/man/husband/boss/employee/racer/father/son/grandfather whatever,
not everyone in this life is out to wish you ill
To deliberately reveal my own fallibility and therefore point out that I'm not omnipotent is to point out that we all make mistakes.
But back in 2004/5 testing Fisichella was running to the pace a lot tighter than the odds suggested. By the way the bookies got it wrong too, they were offering 4/5-1 on an outcome that was very likely 3-1 (a Renault or possibly Schumi winning) which is why I took Fisi at 33-1 of the trio as best value
A £1K wasted and a lesson learned
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