It is often said that taking exercise is good for you. Running is a prime example of this. It gets the heart pumping and allows the blood to flow around your veins. This is a tipping site I know so what the hell am I talking about?
I remember when I first started punting on the horses. I was, like most people a failure and lost more money than I won. Familiar story I’m sure you’ll agree. So when I told my parents when I was in my early 20’s that I’d taken up running they of course thought I’d taken it upon myself to get fit. They were actually partly right, I would be getting fit but not from the usual form of running!
When running, the idea is that if you were to place a large sum of money down in one go in a shop the traders would shorten it up presuming that the person who placed the bet knew something they didn’t. The idea is that you have to literally run around as many shops as you can with small bets in order for the traders not to notice. Imagine a horse at 5/2 in the morning markets. It would only take a total of a £1000 for the traders to cut it into 9/4, a bit more and then 2/1 etc. until the price has gone. It’s obviously important to get as much money down at the bigger price as to increase your long term profit. This is why some of the large punters employ runners to get their money down. Believe me though, they do employ some very clever tactics to try and not let the bookie know there is a gamble going down but at the same time they employ some idiots who totally cock the whole thing up!!
Of course this all makes up the colourful world of betting on the horses. Which is why we all love it so much! That’s it from me this week and I’ll be back next week with more tales from the punting world. Until then good luck and have a great week.