Taking It On The Chin

by Ed Meyer

posted on August 11, 2008 in General Discussion, Horse Racing, News | No Comments >>

Punter (or bettors as known here at home) have nailed bookmaker Ladbrokes. I guess you can call it one for the good guys. You seldom get to hear the player getting the best of the house, but in jolly ole’ England this has not been the case.

Ladbrokes is reporting that profits have fallen 16% during the last four months for those who have been backing trainer Aidan O’Brien. The Irish trainer won with four of his heavily backed runners, and has 17 Group 1 winners in the big races in Britain, Ireland, and France.

To make this even worse, online betting and e-gaming revenues are up 18%, and as the dollar, the Euro has been poor in 2008. It seems no matter where racing is held that troubles seem to be abound…except for the players. If you are able to bet online and get a piece of the action during the remainder of the flat racing season, you may want to find yourself turning a Pick 3 or Pick 4 into one less by finding that golden single entry to play. This is sweet music.

Finally, the worm has turned and Ballydoyle is on fire. This may be an angle that may translate into a nice wager here in the U.S.A.  Anytime you find a gap, take it… Back in the day, bookmakers in the U.S took beatings on: Bill Shoemaker, Laffit Pincay, Pat Day, Steve Cauthen, Russell Baze and a host of others.

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