'The people of Scotland may be less inclined to trust Alex Salmond with the nation’s future after learning that he would have cost punters nearly £3,000 if they had followed his racing tips.
Salmond was once a racing tipster for The Scotsman, but results of 130 races on which he gave tips over a randomly selected period of three years show a punter who followed his tips by investing £100 a race, or £13,000 in all would have lost £2,385 or almost 22 per cent of his stakes.
Bookies would normally expect to keep about 20 per cent of stakes on major races, so Salmond’s tips worked out not better than shutting one’s eyes and choosing horses with a pin.
A race-by-race graph shows that at no point from start to finish would a punter following Salmond’s horse selections would have got ahead of the game.
Salmond’s proposed gamble with the Scottish economy has now also been costed with claims that the price tag for separation being crippling, according to research'.