All set for the Newmarket Guineas
The weather is looking great this weekend for the first real big trading market of the flat season, the Guineas. Good weather on a bank holiday weekend, I must be dreaming!
I’ve always enjoyed the Guineas meeting and have had some fun and game over the years on it. I’m really interested in how it will perform this year as we’ve spotted two major changes in the market between this year and last. So this weekend is turning into an acid test for the Betfair markets. You can’t help but feel Betfair have taken their eye off the ball on their core product at the moment.
Last year on the 2000 Guineas I bagged a useful £400 or so from the race. The market reached over £4m in turnover and I reckon tomorrow should top that figure. Being a market veteran, I thought I underperformed a bit last year. If you have been around for some time it’s tough to really perform at the highest level or hit new heights. For that to happen you need all things to slot into place perfectly, including a bit of luck, to get the result your are really looking for. I still haven’t beaten my total from 2010 when just that happened and I walked away with a decent result from the race and on the day (see below).
Next year I will not be trading the Guineas meeting. I will be in Omaha, Nebraska attending the Berkshire Hathaway AGM. I’ve been asked to return there ten years after I wrote for a magazine about my pilgrimage to Omaha to meet Warren Buffett. Much has changed in the intervening ten years and the friends I made there each transformed each others lifes dramaticaly in that time. So next year no Guineas meeting for me for sure.
But back to now and I’m looking forward to this years meeting and will learn a lot from this weekend, hopefully! I’ll update you in the middle of next week.
Category: Horse Racing
