8 September 2008

Recovery position

I had a day off work yesterday. So what did I do? Take my mum out for lunch? Tidy my scruffy flat? No, I spent the day on Betfair.

After Sunday's debacle, I decided to take it easy. After copious study of the form, I agreed with all the experts in the Racing Post that only of two horses could win the first race of the day. So I backed them both. They finished third and seventh respectively and I was already £36 down.

But I was determined not to repeat yesterday's mistakes, so I traded short-priced horses for small stakes, combined with the odd gamble on anything I really fancied. It was a successful strategy, although ironically almost every favourite won. So if I had been following yesterday's tactics of backing favourites without laying them off, I would have won about £400. Rather, as each jolly waltzed home, I made a couple of quid, to finish £50 up. Even when I win, it's frustrating.

A good day's work culminated with a successful wager on Roger Federer to beat Andy Murray in the US Open final.

Running total: about £400 (I'm still too sick to work it out, although slightly less sick than I was 24 hours ago)

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