Wednesday, 17 March 2010

The Bottom Line is: you can bet to lose!

I recorded The Bottom Line, Evan Davis's Radio 4 programme, this morning; and among the questions he (inevitably) asked was the old 'betting to lose' chestnut.

I was interested to learn later this afternoon, therefore, that Ladbrokes (who long ago stopped pursuing us, at least publicly, with spurious arguments) have formally thrown in the towel on that particular red-herring as well. They are offering prices on horses not to win at this year's Cheltenham Festival.

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