March

01/04/2011 | By More

Mainly thanks to Cheltenham March went OK. It was a surprise to post my best ever March as, outside of Cheltenham,  some of the racing was just shocking. Field sizes have been very small and some of the racing just wildly uncompetitive. You wonder why some of these races are going ahead?

I was ‘luck positive’ in March which helped. Last year in April I had several massive doses of luck so I have virtually no chance of repeating that this year. I’ll often use money from one strategy to fund another and tend to be pursuing events on the far right of the bell curve. It costs me money most months but some months I get a handsome payoff.

Back in the middle of the bell curve, I have noticed a decisive shift in racing. I think you can attribute two key elements to this shift. The introduction of cross matching on horse racing and the struggle the racing industry is facing to fund itself. Both have recently affected the market in subtle ways. I think that will continue this year but it’s forcing me to look again at certain strategies. The market moves in mysterious ways and like the butterfly effect, even a subtle change somewhere can produce a much bigger change elsewhere. It will take some time for the market to adjust.

April brings the resumption of evening racing, the Grand National,  Champions league quarter finals and warmer weather. With the warmer weather comes a warming up in the sports markets. It’s going to be a busy month!

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Category: General

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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