Some days the bookies get the odds wrong. They admit that. And they got it wrong when they priced the Jonjo O’Neill newcomer called More of That at odds of 20-1.
On Tuesday morning, in the members’ enclosure of this site, I alerted members to the fact I would be betting each way on that one at what was then 16-1.
The odds on that race were not available the night before. I told members then that More of That would be of interest at a big price but, with only 7 runners, anyone backing the horse each way would only get a return if More of That finished in the first two.
The night before the race the favourite Utopian looked to be the best bet. That was until I saw the first price on that one. Bookies had him as short as 4-5 first thing on Tuesday morning.
That was when I told members who are registered at this site that 4-5 was too short a price to be on Utopian. And that was when I saw the early price of 16-1 on More of That with bookies Coral, Stan James and William Hill. Other bookies had it priced at 12-1.
The odds on Utopian did get a little better during the day, but the favourite was well beaten into second by the first time out More of That – at an incredible SP price of 20-1.
In part I must thank member Dave. He sent me an e-mail the other day which served to remind me that my reputation as a profitable punter was built, over many years, because of my ability to spot one that was available at a price bigger than it should be. In other words, to spot when bookies may have got it wrong.
So when is the price right? Well, I would not normally bet each way in a race where fewer than 8 horses race. But More of That just kept staring out at me. Once in a while a selection does that. It keeps saying ‘come and get me.’ And there were good reasons to be attracted by More of That.
The trainer is one of the best in the business. The jockey Richie McLernon, who so often has to play second fiddle to Tony McCoy is – so AP once told me – simply one of the most overlooked jockeys in the business. And the four year old gelding is related to a few winning jumpers, including the useful Chamirey.
The clues were there.
More of That is next due to race at Exeter on Friday. I will have a bet with you… it won’t be priced anything close to 20-1.