He blinked too soon -the value of the cash out should be directly related to the betfair exchange price and that's only going one way.Probably sold himself short by40K.
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What would you do? Cash out?
- Thread starter jinnyj
- Start date
He blinked too soon -the value of the cash out should be directly related to the betfair exchange price and that's only going one way.Probably sold himself short by40K.
dvds2000
Gone But Not Forgotten
Obviously after the event, but I would have cashed out, simply because it was enough to buy 2 fairly decent 3 bed houses up here and have enough left over for a new car. Plus, would I put £250k on any horse to win, the answer is no. I know the value wasn't great, but the amount has to be taken into consideration, if it was £250 cashout value and £500 if it won, I would let it run, as £250 wouldn't make that much difference to my life, £250k would.
Having said that, if I was rich enough for £250k to have the same sort of value to me as £250 would today, then I would have probably let it run, but lets be honest, I don't think that would apply to many people.
Having said that, if I was rich enough for £250k to have the same sort of value to me as £250 would today, then I would have probably let it run, but lets be honest, I don't think that would apply to many people.
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Frankel
Senior Jockey
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- Jan 12, 2014
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Gulp :blink:
Diamond Geezer
Gone But Not Forgotten
- Joined
- May 2, 2003
- Messages
- 13,884
He's come out on Twitter and said not true
