To Flex or Not to FlexAs Hamlet didn't say, that is the question.I've just completed an article for Practical Punting Monthly and while I was researching it I had a sort of change of heart. I was playing with the "flexi" concept, in which the investor can place an amount which is a fraction of a dollar, right down to one cent, on each of a number of combinations. That is to say, he takes a "spread".I've tended to think it all a bit wishy-washy, but I was doing the maths prior

To Flex or Not to Flex

As Hamlet didn't say, that is the question.

I've just completed an article for Practical Punting Monthly and while I was researching it I had a sort of change of heart. I was playing with the "flexi" concept, in which the investor can place an amount which is a fraction of a dollar, right down to one cent, on each of a number of combinations. That is to say, he takes a "spread".

I've tended to think it all a bit wishy-washy, but I was doing the maths prior to the article's completion, and I realised that what I had planned to write didn't hold up.

For the average punter, the opportunity to crack a big one is only available via two sources: the flexi bet and your fairy godmother.

The former is a better bet.

Say you want to try for the Big 6 (six winners in six predetermined races... forget the consolation for picking five as it's a pathetic pay).

OK, you are prepared to have \$30 or \$40 on the Big 6, and treat it as Lotto.

If you have two in each leg you can bet a 50 cent unit for \$32.

I'll back myself to get a couple of legs in, but after that no confidence at all.

But give me, say, FOUR chances in each leg.

That's \$4000 and a bit for the dollar.

But for a ten cent share it's \$40.

A Big 6 often pays \$500,000 and more.

Ten per cent of that is \$50,000!

And maybe FIVE in each leg?

Fifteen grand.

But for FIVE cents it's \$781. A bit rich for most.

So I turned to the Quadrella and wondered about FIVE in each leg.

Five cents' worth is \$31.

A quaddie paid \$25,000 the other day at a metropolitan meeting.

Five cents' worth of that would be \$1250. Nice?

They rarely, if ever, pay less than several hundred dollars,

You need a pay of \$640 to cut square. After that you're in profit.

With the chance of thousands.

A lot for a little.

Worth pondering? I think so. I didn't, but I do now.

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