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Thursday, September 25, 2008

Should you let your bets run or close out when a profit can be made.

by admin on September 25, 2008

I was chatting with a very succesful bettor the other day and we were
arguing about the merits of closing out on bets where your horse is
doing well in running.

EG you have bet a horse at a big price say 7/1 and it is looking like
a winner and now trading odds on in running, should you lock in a
profit or let it run and hope for the win.

The argument for each case is something along the lines of…
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