http://www.bettingpro.com/category/r...-201508220036/
Here's an example of what I mentioned earlier.
Irish and UK bettors (punters) try to score big on parlays (accumulators).
Last Friday evening, in Wexford, Ireland, a guy wagered around $200 on
6 horses running at assorted tracks. He tied them up in various permutations,
4-timers, 5-timers, and a 6-timer. All horses won. He netted around $180K.
Bookmakers love taking these parlay bets. High win percentage.
They don't, however, stick maximum payoffs on these types of parlays.
They are real bookmakers. Laying-off to protect themselves is common,
should a bet like this catch fire after a few selections. That's the theory.
If you have some dozy clerk in a betting shop who isn't paying attention,
then the shite can hit the fan!
The photo of the 3 happy dudes is from an 80's tv sitcom.
Here's a copy of the wager: