Laying extremely exotic longshot horses - is it a good strategy or not?

[arie1985]

Waste of time put that money in the financial markets long-term you will bury everybody

Crypto is also okay.
Those who invested $1000 in Shiba on 01-01-2021 made $800m

[arie1985]

Got another one for you.
A horse named "Mandate" won yesterday in Aqueduct Race #9:

In the video they say he was 44 to 1 but in fact he paid close to 100 to 1 in the bookies' websites and the exchange had it 200-1 !!

Also in the race he was all the way in the back field and still managed to win.

[arie1985]

I got burned again, unbelieveable, this horse was 500 to 1 in the exchange and even more than that:

https://www.sportsbet.com.au/horse-racing/australia-nz/swan-hill/race-8-6100940

That's it, I'm out of this "strategy" for good.

Sorry for bumping an old thread, just wanted to say I was thinking again about laying horses the way I did a few years ago and this thread was super helpful helping me stay away from it.

I was reading every single post here again, want to say thank you to this forum for being a source where I can refresh my memory, it's so good.

And for the quoted text, was just saving the hassle as it's difficult finding the info on this race now, so there you go:

https://www.racing.com/replays/#/rep...search/perfect war/1/841015 (search for "Perfect War" in the Replay Hub)
https://www.punters.com.au/racing-results/2021-09-27/ (Race 8 Swan Hill)
Don't try this stupid strategy, ain't worth it.

[DrunkHorseplayer]

There's a reason why horses that are 44/1 ontrack go off at 100-200/1 on the exchanges; people who think one can profit by laying huge odds.