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<p class="MsoNormal"><span style="color:black;mso-fareast-language:EN-US">(Snipped)
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#365F91;mso-fareast-language:EN-US">“</span><span style="color:black;mso-fareast-language:EN-US">(2) Betting to MBL limits it matters not what price you get about winners - if I'd bet at SP, 2.00 and, say, 1.20, I'd have
had to outlay $1000 win and $2000 place, but win the same. What matters is what price you get about losers. Of course we cannot know which will lose or we would not bet them, so long-term it is very important to get the best price you can about every horse
you back.</span><span style="color:#365F91;mso-fareast-language:EN-US">”<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#365F91;mso-fareast-language:EN-US"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#365F91;mso-fareast-language:EN-US">Hi Len,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#365F91;mso-fareast-language:EN-US">I’m somewhat befuddled by your statement above.<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-18.0pt;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="color:#365F91;mso-fareast-language:EN-US"><span style="mso-list:Ignore">a)<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="color:#365F91;mso-fareast-language:EN-US">Isn’t it logical that it doesn’t matter what price you get about losers, but what is important is what price you get about winners?<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-18.0pt;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="color:#365F91;mso-fareast-language:EN-US"><span style="mso-list:Ignore">b)<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="color:#365F91;mso-fareast-language:EN-US">In your example: Horse Wins – you win $1000 for the win bet and $400 for the place, how can you win the same?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#365F91;mso-fareast-language:EN-US">Lindsay.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black;mso-fareast-language:EN-US"><o:p> </o:p></span></p>
<p class="MsoPlainText"><o:p> </o:p></p>
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