áLike a What?Leica Falcon ran third last. At no stage was he in the race. Never.I'd love to say that the rising nine-year-old was moving into the race late, but not so.He started at $26 after opening at $21. A long way from the $61 that went off on Friday evening. What's more, the three TAB offerings were $16, $17 and $15.I think we might learn something here:1. Watch out for bookmaker-inspired "plunges". I don't insist that this was one, but it had all the hallmarks.2. If you miss the
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Like a What?
Leica Falcon ran third last. At no stage was he in the race. Never.
I'd love to say that the rising nine-year-old was moving into the race late, but not so.
He started at $26 after opening at $21. A long way from the $61 that went off on Friday evening.
What's more, the three TAB offerings were $16, $17 and $15.
I think we might learn something here:
1. Watch out for bookmaker-inspired "plunges". I don't insist that this was one, but it had all the hallmarks.
2. If you miss the big price, regardless of the source of the odds, keep out. You are probably now being offered unders.
3. Horses that haven't won for years (Magic Instinct is another that springs to mind) are a risk. To balance that risk you must demand very significant odds.
4. Unraced horses that are heavily backed are often a good risk (the much-touted Metallurgical, bought for more than two million dollars, is a very recent example).
Not one winner in that lot of warnings; just ways of avoiding losers.