Prudent Place Profit Week 1
22 December 2014
Sgt Short – Reviews Prudent Place Profit
Week 1 – Ending Sunday 21 December 2014
We are place laying the selected horses. We can do this either for a set stake or a set liability. In case you are not familiar with these terms here is a brief summary.
£10 stake – we win £10 less commission if the horse fails to place. If it does place our loss depends on the odds. The higher the odds the more we will lose. Calculated as Odds-1 x £10.
£10 liability – if the horse places we lose £10. If it fails to place our profit depends on the odds. The lower the odds the more we will win. Calculated as £10/Odds-1 less commission.
Here are the results:
Thank you for your time and I hope you enjoy the review.
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Regards,
