My assumption on these small stakes doubles is that
a) Ten Sovereigns is overpriced (and the race is on in the next week)
b) I am trying to boost the prices of some (long-range) Festival horses without spending much on them
c) If I am right on Ten Sovereigns and he wins then Fusil Raffles becomes a 67/1 long-range price, not 16/1,
- Birchdale becomes a 103/1 long-ranged price on my initial stake, and Lostintranslation 59/1.
d) If I am wrong on Ten Sovereigns then I have lost only a small stake finding out.
e) It’s part of an overall strategy, looking at the potential to build up an ante-post book and based on finding horses in races they are most likely to run in (after separating the potential wheat from the chaff in the Festival markets).
f) It’s not my principal route to ante-post betting merely a low cost addition.
g) Ten Sovereigns is now already priced between 7/4 and 5/2 so my initial thoughts at a) are on track, TS just needs to win the race now!
So if Ten Sovereigns doesn't do the business ... do you try again and again with Fusil Raffles?
Is it not a common mistake to think you are getting value when you role up a poor price?
I see it time and time again where the default that people say is that because it's short it goes in an acca...
Poor value for a horse is poor value regardless of whatever else you have - it just becomes more difficult to spot as you convince yourself its not risky?
Fusil Raffles should be closer to 33/1
I absolutely do see the point you're making, and I've previously done similar - and I may even end up doing it again.... my issue is with the specific horse and his price