Goodbye Windsor

23/08/2010 | By More

I’m not leaving, but Windsor is. That’s it for the summer evening racing at Windsor and it marks that week that we transition to all weather only evening racing. The downside is you now have no get out of jail cards for a poor afternoon, good news is your social diary suddenly widens!

I managed to finish the last Windsor evening race of the year with a healthy £155 profit, but the rest of the day was a bit torrid. I didn’t enjoy it much and I know it wasn’t a great card, but the liquidity was poor and this made it tough.

To take less risk you need a good fill rate. When the market is filling orders quickly you can zip in and out of the market without too many problems. When it doesn’t fill very quickly you can be left with duff positions, especially if you use higher stakes. Today I had a lot of duff positions! As I exit the summer I think it’s clearer than ever that a lot of the racing markets on Betfair are not growing. I don’t think that’s a problem for most, but having been on Betfair for so long I’m increasingly running out of room to grow, either in depth or breadth. So that will be one of the things I’ll be looking at in the winter. My emphasis is definitely changing.

Any how, make the most of the remaining fixtures this week as it won’t be back until Spring!

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Category: Horse Racing, Trading strategies

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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