"Peter Brooks" wrote in message
news:7cbaa8fc-fad8-40e9...@3g2000yqn.googlegroups.com...
> On Nov 12, 12:24 pm, "Guy Barry" <
guy.ba...@blueyonder.co.uk> wrote:
> > "But I've seen and heard enough to know his right to the international
> > job
> > is a racing certainty, a foregone conclusion." (Moynihan, John: Kevin
> > Keegan - Black and White)
>
> > I don't think there's any suggestion of anything suspect there. Do you?
>
> No, but I think it noteworthy that they seek to explain the phrase by
> adding 'a foregone conclusion' - if a 'racing certainty' was a
> certainly a certainty as you're suggesting, would there be a need to
> add the qualifying explanation?
I assume that that example was chosen because it explained the expression.
They give a couple of other examples, but without any context it's less
clear what's meant:
"That means Mr King is not the racing certainty that he perhaps should be in
the battle to take the Threadneedle Street helm."
"Thatched barn gamble was racing certainty"
In the first example it looks as though the writer was expecting Mr King to
be a shoo-in, but he turned out not to be. I'm not sure about the second.
> For clarification, I've looked up 'racing certainty' and 'lost the
> race'. The term 'racing certainty' seems often to be qualified - as in
> 'Small Settlers looks a racing certainty', 'he will be considered a
> racing certainty but this must surely be as close as it ever gets'.
> Looking up 'Ladbrokes' and 'racing certainty' gives an interesting
> little article, which appears to suggest that, as I said, a racing
> certainty isn't certain - Ladbokes have given odds of 1-20. Since the
> odds are given, it must mean that it isn't actually certain:
>
http://www.ndtv.com/article/world/heathrow-queues-when-the-olympics-begin-place-your-bets-241881
It isn't actually certain. What I understand "racing certainty" to mean in
the literal sense is that the odds are so short that bookmakers are no
longer taking bets. Until a few years ago there used to be a 9% tax on
gambling wins, so if the odds were shorter than 1-10 (i.e. 10-1 on), there
was no point in placing a bet because you'd end up paying more in tax than
you won. (If you placed an £11 bet at 1-11, then your total winnings would
be £12, which would be taxed down to £10.92.) This was abolished by the
last government, though, and now it seems that bookmakers are offering odds
as short as 1-20, which would suggest that there's technically no such thing
as a "racing certainty" any more. I don't gamble - can anyone explain this
better?
--
Guy Barry