I wrote last week about what a difficult month December had been for MATR. We’ve got January off to a flyer and I’m determined to claw back our lost points. The first week is looking good!
I was in the pub last Saturday afternoon enjoying a few drinks with a friend when a friend of his came into the pub slightly inebriated and declared that he’d just won a 3000 quid on the horses and the drinks where on him. I was obviously intrigued as to how he’d won this money so once the drinks where on the table I congratulated him and asked him how he’d won.
Apparently he’d received a tip from a work colleague that the Ed Walker trained Indian Jack would win the last at Lingfield. He’d managed to get together 200 quid and backed the 6 year-old at 5/1. Boom the horse had won at 5/1 and he collected a thousand quid. The problem was his story didn’t stop there. After winning that amount he proceeded to look at the favourite in the last at Cork and put the WHOLE 1000 quid on it to win. It did win and he walked out of the bookies with 3 grand in his back burner. I congratulated him and decided not to say anything about how I disagreed with his recent win!
He eventually wobbled away to find other friends and gloat about his recent winnings and my friend and I where left to ourselves. My friend asked me straight away what I thought as being sober he’d picked up on my obvious distaste for this large win. Don’t get me wrong I’m not a kill joy or neither do I begrudge him of winning such a large amount it’s just the way it was won.
The drunk winner had raided his savings to place the bet in the first place so the stake was well out of his means. This tip he’d received was completely unfounded as it was from a mate of a mate at work and when he was lucky enough for it to win he then risked the whole lot on the favourite in a national hunt bumper race. See my point? It was completely reckless gambling and highlighted the fact why bookies do so well out of punters like that. I knew full well that within the next 24 hours at least all that money would go back to the bookie and the winning punter would walk away with 200 quid less in his savings.
That’s the end of the story but I thought I’d re-tell it as a point to take heed of. Never gamble what you haven’t got and if you are really lucky and win keep it! Don’t blindly back the favourite in the next either! Put aside an exclusive bank that you’ll use exclusively for your punting and only bet a percentage of it at a time. That way you still get all the excitement but it’s controlled and you won’t lose your shirt!
So that’s it lecture over!! I’ll be back next week with another story about how my Grandad won the value of his house in one bet and kept it all! He wasn’t drunk and his stake didn’t come out of his savings!!
Until then have a great week and enjoy the racing.