Comment Re:Highly unusual? Hardly. (Score 1) 149
You type a lot of sense, but you're not quite right with the odds.
I play the exchanges, which means I am the bookmaker, and there is a phrase to follow: Bet high, lay low.
Placing three-fold bets at @7.00 (6:1) is never a good idea. Like you say, you'll win easily, but only 5 times out of 6. That sense of winning will stay with you and you'll win most of the time. You'll feel like a winner but, in truth, for every £10 you bet, you'll only ever see £9 in return. Longterm punters will recognise this pattern. Be a winner every week, but keep quiet about your loses.
Expect to lose most of your lays. They'll be the favourites. Expect to lose most of your bets. They'll be outsiders.
One @21.00 (20:1) win, every once in a while, will take care of the losses.
Only bet what you can afford to lose.
Betting is a mug's game and there's only one winner - the taxman.