Whether your vice is a Saturday stab at the Totescoop 6 or an accumulator of your favorite eight football teams, the reality of succeeding is set out by the potential winnings that accumulative odds imply.
In fairness, the chances of your football bet paying off is more likely than that of hitting the jackpot associated with the Scoop 6.
Simply because in soccer it is a one on one situation, as opposed to the number of horses in one race, multiplied by the number of horses in the next, and so forth.
Why the Scoop 6 offers no Value.
The Saturday Scoop 6 is made up generally from six of the afternoons hardest races which is why it is the most difficult bet to prosper from.
Take today for instance, the 6 races have fields of 8, 10, 11, 8, 21 and 16 runners to find the winner from.
The accumulative odds for those runners is 2,365440/1 yet the reward that is offered from successfully predicting the outcome of those 6 races is a mere fraction of that.
What if the Scoop 6 was not won? This is then carried over to the following week where another 6 races just as difficult, set another mammoth task.
Now the accumulative odds are 2,365440/1 multiplied by the number of runners in each of those six allotted races.
The figures then become astronomical.
Therefore it makes no sense at all to indulge in a bet where as a punter, there is no perceived value.
The only way to profit from those same races, is to place a 50 pence each way accumulator in one of the high street bookmakers that offer a MILLION pound maximum payout.
The Importance of VALUE! The most important part of any horse racing investors armament is perceived value.
As in the Scoop 6, where is the value in placing a £1 LUCKY 63 ( 6 selections) where the probability of breaking evens at least, would depend on having at least 3 winners obliging.
Even taking into account that some high street bookmakers will quadruple your odds for a single winner, its price would have to be 16/1 to have any chance of getting your money back.
In my opinion the best multiple bet for value is a LUCKY 15 which comprises of just 4 selections made up of 4 single bets, 6 doubles, 4 trebles and a fourfold accumulator.
By placing a LUCKY 15 in one of the bookies that offer TREBLE the odds for a single winner, that winner only needs to be 5/1 to recoup your initial investment.
Two 5/1 winners would give you a return of £42.
This is by far the best multiple bet for profitable returns.
If I were to ask you how much your return would be for having a £20 accumulator oblige with four winners at 4/1, the odds are your answer would be far less than what the actual amount was.
£12,500 would be your return on a small £20 win accumulator comprising of four horses winning at 4/1.
That is value if you only placed this bet once a week as it would take 12 years to lose that amount of winnings.