Backing a definite loser to win
Bizarre start to the racing at Huntingdon. Nine out of eleven horses took the wrong course, the chase instead of the hurdle course. The end result is that all horses on the chase course were disqualified. One jockey went back to complete the correct course though and netted third place. So only three out of the starting line up qualified as finishers.
You could still back the real winner for large odds as he approached the line and it seemed pretty clear that the rest would go. So I can only speculate why there was still so much being traded on the others.
Anyhow, as it turned out you could back the horse loser that ‘finished’ fifth successfully as the ‘winner’. A bizarre start to the day.
Category: Horse Racing, Trading strategies
