A MAN at Cheltenham knowledgeably discussing form and accumulators has already lost several hundred pounds, he has confirmed.
Stephen Malley, aged 36, attends the festival every year and attempts to learn all about horseracing and the wagers surrounding it while drunk in a mob of drunks.
He said: “Every year I promise myself I’ll learn what odds actually are and then realise that it’s just boring maths. Is 2/1 better than 8/4? Why is it all in olden days measurements?
“Apparently the going’s good, but is that good news for a horse called Tommy Rapper? Should I know more about the horse called Tommy Rapper? Is it my fault if I lose money on him?
“Should I cover the spread? Should I bet each way? Should I really be betting at all, given my staggering ignorance?”
Malley added: “It’s almost as though getting a load of blokes pissed near pretty girls in fancy frocks and pressuring them to risk money on complex variables they know nothing about is some kind of con.
“But nah. It’s the sport of kings. £20 on I Shot The Sheriff to win.”
