Very interesting situation regarding jungle/durrrr wagers from 3rd parties
Around seven weeks before royal ascot 2010 me and my buddy had a word about a handicap coup in the making and set about obtaining the best prices around.
Three weeks pass and we are sitting there with a great position as we were on at 16/1 and the horse was trading at 8's it was a great feeling because the mug money was piling on the closer we got to the event , five days before the race the horse is 6/1 clear fav but on the saturday (4 days til the off) the horse starts to take a walk in the market 13/2, 7/1 , 8/1 ,17/2 and i was like wtf!!! This wouldn't be a problem in a market with low liquidity liek a class 6 race at kempton where £100 moves the market on the reg but this was a strong market and i start to worry so i jump on the exchanges and the horse can be layed @ 10.5 (9.5/1) the alarm bells start to ring.
I couldn't reach the trainers assistant by phone and started to panic a little, finally i got hold of him on sunday morning @6:45 AM and the blood drained from my face as i was told the horse had to miss a vital piece of work due to a knock while setting out saturday morning
by the time i put the phone down and spoke to my buddy fired up betfair - the horses price on the exchanges was 14.0 (13/1) and to add insult to injury my balance wasn't high enough to cover mine and my buddies liabilities (£2,650) and laying off for a green book was out of reach due having only a 24,000 balance at that time.
moral of the story whilst viffer makes a fair point about his horse not being in top shape sometimes you just gotta get out of a ****ty situation the best way possible.
for the match bet both sides have a valid point , viffer is simple wanting some time for tom to be at the top of his game while the other side ( reasonably imo) believe there is only so much leeway one can be given.
Viffer is not coming across scummy in this situation in my eyes but i certainly think he should be using his time more productively , if i was jungle i would push for 95% also and im sure if viff was honest he would do the same?(who the hell wouldn't?) if i was viff i would put forward 78% buyout BUT being impartial i think 86-88%% is fair to all....depending on negotiations about the future of the challenge.
I don't deal in the figures you gents do but arguing your side in public is a pretty bad way to deal with things.
Life is way too short to wait for this challenge to finish in its current state, the judges need to step up or its likely it will become a wash and if that does happen viffer has done himself no favors in his posts here compared to being silent on the matter.
Although viff you do deserve to lose on the bets for backing a G2 runner against G1 runner