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SUMMARY
Getting to grips with a perennial problem
VALUE … AND BACKING 2 IN A RACE
I was having a few beers recently with a keen punting friend of mine and during the inevitable racing discussions he emphatically stated he would not back any horse under $3.00 (2/1) though he did weaken by adding “I will take $2.50 (6/4) about a champion”.His reasoning is simple: he believes for every dollar he outlays he wants to be rewarded relative to risk, and who are we to argue with that premise? The word “value” in the punting world can be stretched across quite a spectrum.
