All about value and understanding the market.
Heavily invested into Djakadam at 12s for example. A horse that's finished second twice in the Gold Cup, in a shoddy field, 3/1 for the place, value. Now without looking he's probably 4s at this current time.
If come the day i really don't fancy it, I'll just go on the exchange, do the math and lay Djakadam at a competitive price. But only enough to leave me a profit whether it goes on to lose - place - or win. I took 12s, I'll lay at just over 4s.
Same with Don Poli, backed at 40s, i could lay at 20s, again for profit.
Sizing John i backed at 33s, now a genuine 10/1 shot.
I've only gambled on horses for about 18 months now, and keep the stakes genuinely reasonable. It's a complete puzzle as to why people don't back more than one, especially if the horse is value at the price it's currently at.
Also, don't think Cue Card has a chance. It's only form this season was beating a lame Coneygree. His second in the King George wasn't great either. The subsequent winner went on to get beat, and the field in behind are decent handicap horses at best. That said, this is probably the worst Gold Cup field in years.
I won't be backing them, but I wouldn't be surprised to see one of JPs win, Minella Rocco or More Of That.