Eso, degen story pls?
Ok as you a fellow degen has asked!!
The last time I was in trouble ££ wise (about 7 years ago) was to the Chinese and I was in for £5000 and for the 3 months prior I had been servicing the £1000 per month interest charge without a problem and just needed a bink from somewhere to get me out of it as usual, but this particular month had been really bad in the estate agency world and as 60% of my income is made up on commission I never really know how much I will be paid until about 3 weeks before when all the cheques have been banked.
I knew I was not going to earn enough to cover all my ex's and the interest payment on the debt and was starting to feel up against it so was trying to work out who better to knock, either my existing d/debits or the chinese obv the chinese would have got their money and I would have cancelled all the other debits so as not to incur another chunk of bank charges and then blamed it on the bank and reset them for the month after
My mind was pretty much made up and it was the day before pay day and a day off adn I had about £80 on me so I decided to try and have a little spin up to get me into a little festival event that weekend in the hope of winning the ££ needed, I was cute enough to know that this was unlikely but looked at the racing cards and the meeting at Goodwood looked pretty tough with some favourites that could be beaten out of the frame so I invested £12 on a placepot perm 1x1x2x3x2x2 @ 50p and a £20 straight line on my strongest fancies.
I put another £20 on placepots at the other meetings but they blew out early on, for those that dont know a placepot is where you have to get a horse in the frame ( winner if 4 runners or fewer, 1st or 2nd if 5-7 runners, first 3 if 8-15 runners and if it's a 16 runner handicap its the first 4 places) for the first 6 races at that meeting and all the money bet into the pool gets put together and is split up race to race and after the 6 races they divide the amount left into the pool (minus approx 26% tote reduction) and a dividend is declared to £1.
The Goodwood meeting was my only chance but after 3 races there were no favourites placed which is always good as people stick favs in and then wonder why the dividend is low! after the 4th racewhich again had no favourite it looked like I could get a draw out of the day and with 2 runners in the next 2 races I was hopefull. The 5th race was no problem and I double up with both horses placed so was running to £2 in my permed bet and the £20 straight line going as well and as I was sat in W/Hills and they were not very helpful in respect of finding out how much was left in the pool I walked up the road to Ladbrokes to see that if the horse in my £20 line was placed (also in the perm) with neither the second or third fav placed then the dividend would be around £300 which was disappointing due to the lack of fav's placed but would still give me around £6000.
TBH I have never had such a sweat free race as my horse led all the way and kicked clear with me just sat silently waiting for the dividend to be declared and walking up to the counter to tell them I would be back the next day and wanted all cash, they checked the slip and the dividend came to £292 which I had 22 times giving me a £6424 return and 2 phone calls later to the debtor to say I would be over the next day to pay off the £5000 plus the interest and I was free again for another few weeks!!
Author