So basically what you're doing is taking the longest shot from each race? I looked at the results and a lot of these horses came in dead last -- but you can't be too surprised. It must feel pretty good when you do get a winner.
I did read your other thread, and I have to say, the whole thing sounds intriguing. I don't have much extra money to throw around at the moment, hence my signature campaign involvement. If I did perhaps I'll try it some time. What is your favorite BTC sportsbook for placing horse racing wagers?
Oh, wow .... 1st response from another user .... thanks so much for posting a response first of all ... !!
It's really nice to see some discussion here, instead of me posting bet after bet after bet which made this thread so boring until now.
My last bet was Suthebys and he came in 2nd, but made no threat whatsoever, and even if they make a threat a winner is still a winner (in the market no one indicated this was going to be a winner).
It's always possible to get some horses to make a threat but the majority of them so far were decent who hadn't made it anywhere close.
So yes,
The goal is to bet on the longest shots to lose the race, even if they end up 2nd it's fine, as long as they are not the winners ... so instead of guessing which horse would win the race (which is the classic way of betting on horses) - you just need to guess if the specific horse of your choice would be a loser, and of course if it's a long shot horse - you should expect to risk a very high amount of $ in order to gain some.
I use as mentioned in the very first post - Orbit Exchange via BetInAsia.com - it's the same as using BetFair, except BetFair minimum is 2 EUR per stake, and Orbit's 6 EUR but it's almost negligible when it comes to betting like this.
Please let me know if you have more questions.
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