JUST A THOUGHTWhat I know, what you know, and what they know.So say there's a market up.Your strong fancy is Number One.It's mine too.We've both done the form.The prepost newspaper market offers tight odds. Let's say $3.50.We agree that's about right but we'd like fours.So we check online and the bookies are offering Number One at $6.50.Amazing. What do we do?The bookies know what the papers have suggested.They know we're probably keen to back the horse.Yet their odds are way over what we'd have

JUST A THOUGHT

What I know, what you know, and what they know.

So say there's a market up.

Your strong fancy is Number One.

It's mine too.

We've both done the form.

The prepost newspaper market offers tight odds. Let's say $3.50.

We agree that's about right but we'd like fours.

So we check online and the bookies are offering Number One at $6.50.

Amazing. What do we do?

The bookies know what the papers have suggested.

They know we're probably keen to back the horse.

Yet their odds are way over what we'd have been delighted with.

We MUST have a go.

But... hang on there...

WHAT DO THEY KNOW THAT WE DON'T???

Think on that.

I have been, but I'm bamboozled.

I'll tell you more when we chat again next week.