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why gambling is often called a tax on the uneducated

Fools and their money are soon parted. Seriously, if these are your parents, don't expect to have any inheritance left....

Couple loses despite backing every greyhound

Sheffield dogs last week had a £100k jackpot running for picking the winning dogs in six consecutive races. With only six dogs per race in the UK, there are 46,656 combinations for the bet, so they brought a shopping bag full of cash for a £1 unit on every combination. Easy money apparently...

Mr & Mrs Brainiac failed to consider the options of the favourites winning each leg, or other syndicates getting involved and sharing the pool. Three tickets won it, their return was just over £33k, a net loss of £13k. This also shows how bad the takeout is on this pool - the pool 'went backwards' from its overnight total of £101,110 because of the deductions - which should have been taken out before the amount was publicised.....

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