Something odd
Hmm, I’ll give myself a 6/10 for my efforts on the first day of Cheltenham.
The markets were not particularly easy today, but I didn’t do a great job; in comparison to other people I know anyhow. Still chucked in some good numbers, but as others did a better job I have to mark myself down as a ‘could do better’.
The first day of Cheltenham is generally spent now looking at how things have changed since last year. I’ll prod and probe the markets and look for things that are working or failing to work. I ended up with a mixed picture today. But I do have loads of data, so I will look at that and take forward my experiences into day two. I put some stats on the forum.
Given the outages at Betfair recently, despite reassurances, I was taking no chances and loaded up my Betdaq account just in case; this produced something odd. I could see big volumes going through on Betdaq so I started to trade on it in the same manner as Betfair. I would generally start early on Betdaq and switch to Betfair for the closing minutes. Doing this during the day meant I actually did better on Betdaq than I did on Betfair! That is significant as it is the first time that has ever happened. You could argue that if I was solus on one I may have improved either number. The main reason as to why it worked better I will explain tomorrow, but for the remainder of Cheltenham it looks like I will be trading on two different exchanges at the same time, too good an opportunity to miss.
NOT the biggest race of the day on Betdaq
Category: Horse Racing
