Right, the idea is to have two selections in some races with one of them making a profit if it wins and the other making enough to cover the bet and return all stakes.
Nothing new about it at all. Just making it official and keeping a record of it.
For information I am following this with real money.
Slight variation for the 350 at Lingfield but same principle applies.
10 pts invested to return
+2 if fav, Something wins
+26.13 if Waterside wins (I think I'll just round down to 26 to keep it simple)
+26.05 if Moayed wins (again, rounded down to 26)
Well what else do you expect as chief retard spotter. Might change the name of 'Jays Lays' to 'Chief Retards' as I seem to have an unerring ability to lay the only team who scores not just 5 but 6 goals today.
Btw ODM in the summer I might start following a system of yours as theres no football etc so get the old grey cells in order for then ok