Learning the hard way.

It’s been a pretty poor week for me, and you’ll be able to read about that in Wednesday’s results post.  But funnily enough, it was my son’s betting that seemed to sum up the week.

Let’s call him Joe, on account of that being his name.  Joe is using the Bookie Bashing Golf Tracker for his initial venture into betting.  His aim is to use this whilst he has a full suite of viable bookmaker accounts, using the tracker to identify golfers within a certain price range and backing them each way.  The aim for each tournament is to be covering about 15-20% of the field on average, based on win probability.  If you want to know a more precise description of his strategy, you only need to listen to our very own Pete on one of the recent Bookie Bashing podcasts.  The only difference is that Pete was describing how he uses the Tracker to back golfers win only on the Exchanges, whereas Joe is taking advantage of the place terms with the bookies.

Anyway, things were looking good for Joe in the PGA Championship event at Wentworth when Tyrell Hatton, one of the golfers he had backed, cruised into a four shot lead midway through the final round.  One of the nearest pursuers was Aaron Rai, another golfer carrying his money.  Then out of nowhere Ryan Fox, who had triple-bogeyed the third hold, came home with something of a wet sail, picking up 8 birdies over the last 12 holes to pip both Hatton and Rai by just one shot.  To make matters worse, Rai had his Eagle putt on the last dance around the rim of the hole.  Had that gone in instead of not, it would have been a very good win.  I guess that’s what is called an early lesson on just how cruel betting can be.  Poor lad.

Away from the stress of someone else’s golf betting, I managed to do something really stupid in the bookies by backing two different horses in one Lucky 15 today.  God knows how that will be sorted out.  Both bloomin’ well placed!

Right, until Wednesday…

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