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</o:shapelayout></xml><![endif]--></head><body lang=EN-AU link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'>No, definitely No. I clearly stipulated <b><i>" Betting to MBL limits". </i></b> Under MBL a bookmaker is obliged to accept bets to lose 1000/400 (viz I win 1000/400). No matter what price I get, I win 1000/400 if I bet MBL limits. I got 6.00/1.80, so could, and did, bet 200/500 and won 1400. If I'd taken 3.00/1.50, I'd have been able to bet 500/800 and win 1400; if I'd taken 1.5/1.10, I'd have been able to bet 2000/4000 and win 1400. But I "<i>never</i>" bet at those short prices. Price about winners when betting MBL limits is thus irrelevant. <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=MsoNormal><span style='color:black;mso-fareast-language:EN-US'>If the horse was unplaced, I'd have lost $700; if I'd bet MBL at 3.00/1.50, I'd have lost 1300; if I'd bet MBL at 1.50/1.10, I'd have lost 6000. Prices about losers matters.<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=MsoNormal><span style='color:black;mso-fareast-language:EN-US'>I wish I could level stake every bet, but that's sensibly impossible with MBL - eg 18/12 Armidale 2/1, I had $5 the win at 201.00, $25 the place at 31.00 (Sportsbet allows $25 at any price and to $500 rather than MBL $400 the place unlike the more gutless wimps at BetZero who cling to MBL like it's a life-jacket) and same day 90/100 Morn 1/5 at 12.00/3.10 and $33 win only at 31.00 Armidale 3/8.<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=MsoNormal><span style='color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0cm 0cm 0cm'><p class=MsoNormal><b><span lang=EN-US>From:</span></b><span lang=EN-US> Racing <racing-bounces@ausrace.com> <b>On Behalf Of </b>Race Stats<br><b>Sent:</b> Saturday, 29 December 2018 1:04 AM<br><b>To:</b> AusRace Racing Discussion List <racing@ausrace.com><br><b>Subject:</b> Re: [AusRace] FW: From the archives - 14 observations on the punt<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><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><ol style='margin-top:0cm' start=1 type=a><li class=MsoListParagraph style='color:#365F91;margin-left:0cm;mso-list:l0 level1 lfo2'><span style='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></li><li class=MsoListParagraph style='color:#365F91;margin-left:0cm;mso-list:l0 level1 lfo2'><span style='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></li></ol><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></div></body></html>