Ascot
It’s that time of year when the Queen nips out the house and down the road to have a fiver or two on a few nags. I’ll also be looking to put a few fivers on them as well, but from behind my desk. When I’ve finished all my work on betting exchanges, maybe I will nip up the road for once! Ascot has always been a key part of the summer racing and it’s no surprise with five days of wall to wall quality on display this week. I’m actually not that optimistic that I will do as well as in previous years. There are two reasons behind my change in sentiment.
First, volumes on key races on Betfair have been falling away a lot this year. I am always careful to note the volume and activity on the big races as they can make a good month a great one. So far this year, nearly all the big races have seen drops in traded volume. Second, the fill rate at these big meetings has been falling off as well. This makes it much harder to hit the heights I have in previous years. I’m not particulary despondant, it just means that I may not be able to get some of the bigger totals I have seen in previous years. Also, I am picking up more and more in the day to day racing which is more than compensating. Currently I am about a ‘month’ ahead of where I was this time last year at the moment. I’ll just have to keep trying to find new and better ways for my activity this week.
This year I will also be trading using Betdaq at Ascot. Where fill rate and sitting behind a massive order queue is a problem on Betfair, it doesn’t appear to be a problem on Betdaq. It sits in that busy but not too busy area. This has meant it has become quite a viable trading platform during the big meetings. During the day to day stuff the liquidity isn’t quite enough to work well or to use big stakes but I have noticed that it ‘feels’ just right during the big races. Worth a try in my opinion if you can’t get on with these markets on Betfair, which I know a lot of traders do struggle on. I put up a video on You Tube recently about trading on Betdaq, but this is more on the lower liquidity stuff. I will try both Betfair and Betdaq this Ascot, as I’ll need to work hard this week I feel.
Whatever you do this week, Good luck!
The Queen tries some tic tac
Category: Using Bet Angel
