Steaming summer

You could be forgiven for thinking that I was talking about the summer weather, then again if you are from the UK you know that I couldn’t possibly be talking about the weather! What I am referring to is the enormous amount of gambled on horses we have seen recently. I can’t remember anything similar in recent memory. Most days there are some significant moves and some days its almost as though every other race contains a big mover.

This can be a problem for me as I tend to be contrary. But given the frequency with which these moves have been occurring lately it has been almost impossible NOT to get on the right side of one. In the illustration, you can see the price of a horse move from 11’s to eventually start the race near 3.85. Backing even at 6’s and laying back at 4’s would have netted you a 200% profit on your stake. This is just one of a huge number that have occurred recently. Until we get the data through I can’t comment if this is unusual or just an optical illusion but it has been a very noticeable trend recently. I hope you have caught a few.