A few years ago a friend of mine asked me about my thoughts on a game of rugby league, knowing that I"m a gambler. Unfortunately I know nothing about rugby league so told him to back the team which was in the highest position in the league. A few days later I asked him how he got on with his bet, "brilliant" he said "I won". The next week came the same question "who should I bet on" so I gave him the same answer "whoever is in the higher position". This went on for about 2 months with him winning about 90% of his bets, then I said "how much have you won" expecting him to say something like £300, he said "£12". After I stopped laughing I asked him how much he was betting on any one game. "£5 a game". Now this guy as not got a clue on betting so I looked into the bets he was having, it turned out that he was having £5 bets on 1/10 shots. like I said earlier I did not know much about rugby league but I do know about gambling. So when he wanted to put a bet on a game I would do it for him. instead of putting it on the win I started to put it on the handicap which is normally odds of 10/11. As time went by I started to notice that the teams which were the favoured to win i.e. the team with minus points more than not won bigger than the points margin . So last year we started a joint venture were he told me the teams he thought was good value and I did the gambling bit. We was doing great up until the end of the season when we blow most off it away trying to make a good season into a great season but got greedy but still finished up. The trouble is I did not keep any records so don"t know if we got lucky on some bets or if my theory worked . So his year I will be keeping a record which I will share with you on the sports section.
Some of you will know that I stopped gambling (which I have) but this is the exception. Gambling with someone else"s money makes you concentrate, plus it"s not me making the selections so you could say that I"m investing in him. Last year we made a 250% profit which was ok but at one point we were 700% up until the gambling side off me reheard it"s ugly head and told me to go for it, I won"t be making the same mistake this year (if we get that far).