HOME TRUTHS.As I told you I sought out and had a great chat with one of my closest friends at Rosehill. This was in response to his email to me, in which he maintained that Place betting is simply not on for the average punter, be it single or multiple.He started with THREE rules.Without these, he stressed, you can forget any profits, regardless of how you juggle the books.1. The qualifiers must return a long term profit on single bets made to win.2. Your bank must be at least 100 times the size

HOME TRUTHS.

As I told you I sought out and had a great chat with one of my closest friends at Rosehill. This was in response to his email to me, in which he maintained that Place betting is simply not on for the average punter, be it single or multiple.

He started with THREE rules.

Without these, he stressed, you can forget any profits, regardless of how you juggle the books.

1. The qualifiers must return a long term profit on single bets made to win.

2. Your bank must be at least 100 times the size of any bet. This is regardless of the kind of bet and how many legs there are to it.

3. You must never bet more than 1 unit on any one horse or combination.

Simple? Well, yes, and not new.

But he maintained I was off beam, as he put it, "trying to turn a sow's ear into a silk purse".

He's tried for thirty years, on paper, to devise Place multiples, and he has never succeeded in achieving anything approaching a return that repays the effort and stress involved.

However, he asked me what I thought was the best bet all day. I answered Graceful Anna. He asked why she was omitted from my final three.

I explained that I believed her Place dividend would be appalling.

He just looked at me for a while, then said, quietly:

"EXACTLY!"

His point? That the only dead-set cert for a place all day was going to be bet off the map.

"You need 90% of them to get up for you to have any confidence", he offered.

"That just isn't on, unless you seek out the near-certs. And THAT means lousy, unfair dividends!"

Let's allow this to sink in and we'll come back to it in a day or so, when we've had the time to realise what he's insisting on.

It's not looking good for the Place Multi. though, if he's right!