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Couple lose despite backing every greyhound

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    Couple lose despite backing every greyhound

    http://www.telegraph.co.uk/news/ukne...greyhound.html

    Couple lose despite backing every greyhound
    A married couple took almost £47,000 in cash to back every dog at a greyhound track but what they thought to be a foolproof strategy turned out to have a crucial flaw.

    The pair, in their 50s, were hoping to scoop a British record breaking greyhound jackpot of £101,110.39p at Sheffield's Owlerton Stadium.

    They travelled hundreds of miles from the south coast of England with their stake money and what they believed to be a fail-safe plan.

    The unnamed punters placed £46,656 in bets to cover every possible placing of six dogs in six races, using cash they brought in a Tesco carrier bag.

    But the couple had not bargained on two other ticketholders backing all six winners and the jackpot being split three ways. It meant that their share of £33,703.46 left them with a net loss of around £13,000.

    John Gilburn, Owlerton's managing director, said: "The couple arrived at the track before racing saying they wanted to play all the permutations on the jackpot and produced a Tesco carrier bag stuffed full of money.

    "We took them into the cash room and it took us an hour to complete the count. I don't know if they were part of a syndicate or what, but when they came for their money they were very, very philosophical about the situation."

    One of the jackpot winners was a local punter who also wished to remain anonymous and the other an internet gambler known as the Scoop6 Squirrel.
    ==================

    Amazed they were philisophical......

    #2
    Originally posted by BrilloPad View Post
    http://www.telegraph.co.uk/news/ukne...greyhound.html

    Couple lose despite backing every greyhound
    A married couple took almost £47,000 in cash to back every dog at a greyhound track but what they thought to be a foolproof strategy turned out to have a crucial flaw.

    The pair, in their 50s, were hoping to scoop a British record breaking greyhound jackpot of £101,110.39p at Sheffield's Owlerton Stadium.

    They travelled hundreds of miles from the south coast of England with their stake money and what they believed to be a fail-safe plan.

    The unnamed punters placed £46,656 in bets to cover every possible placing of six dogs in six races, using cash they brought in a Tesco carrier bag.

    But the couple had not bargained on two other ticketholders backing all six winners and the jackpot being split three ways. It meant that their share of £33,703.46 left them with a net loss of around £13,000.

    John Gilburn, Owlerton's managing director, said: "The couple arrived at the track before racing saying they wanted to play all the permutations on the jackpot and produced a Tesco carrier bag stuffed full of money.

    "We took them into the cash room and it took us an hour to complete the count. I don't know if they were part of a syndicate or what, but when they came for their money they were very, very philosophical about the situation."

    One of the jackpot winners was a local punter who also wished to remain anonymous and the other an internet gambler known as the Scoop6 Squirrel.
    ==================

    Amazed they were philisophical......
    Astonishing.

    Comment


      #3
      That’s similar to the lottery syndicates that enter every combination when the jackpot rolls over several times, a bit of a high risk strategy when it only takes a couple of lucky punters to take a share.
      Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

      Comment


        #4
        Originally posted by gingerjedi View Post
        That’s similar to the lottery syndicates that enter every combination when the jackpot rolls over several times, a bit of a high risk strategy when it only takes a couple of lucky punters to take a share.
        Got to be a bitch though.

        Can't think whether to feel sorry for them or to have a subtle laugh!

        Comment


          #5
          Originally posted by gingerjedi View Post
          That’s similar to the lottery syndicates that enter every combination when the jackpot rolls over several times, a bit of a high risk strategy when it only takes a couple of lucky punters to take a share.
          That would require a 14 million pound spend to guarantee 1 win.
          The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

          But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

          Comment


            #6
            Originally posted by Bagpuss View Post
            That would require a 14 million pound spend to guarantee 1 win.
            And that win might well be shared with others ... stuff that.

            Comment


              #7
              If something sounds too good to be true - it usually is.
              I'm sorry, but I'll make no apologies for this

              Pogle is awarded +5 Xeno Geek Points.
              CUK University Challenge Champions 2010
              CUK University Challenge Champions 2012

              Comment


                #8
                Originally posted by Pogle View Post
                If something sounds too good to be true - it usually is.
                Damn straight.

                See "my second marriage", as example of this rule.

                Comment


                  #9
                  I thought I was the undisputed King of always choosing the option that fails. Hmm, now it seems I have some strong competition...
                  Speaking gibberish on internet talkboards since last Michaelmas. Plus here on Twitter

                  Comment


                    #10
                    Originally posted by Bagpuss View Post
                    That would require a 14 million pound spend to guarantee 1 win.
                    Originally posted by Menelaus View Post
                    And that win might well be shared with others ... stuff that.
                    If you entered every possible combination you would have considerably more than one win...
                    Still Invoicing

                    Comment

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