Tag: horse racing
Lots of good quality racing
It’s the time of year for marathon trading sessions. Lots of quality racing around, just none in the UK!
UK racing starts in the early afternoon, then morphs into evening racing. Today and tomorrow we also have the Breeders cup in California late into the night UK time. As that ends we immediately switch to Melbourne Cup meeting at Flemington.
In theory you could trade on just racing from just after midday right through to 7am tomorrow morning. It would …
Traders of the Prix De L’Arc
Once a year I will taste some French racing like a connoisseur tastes French wine, with a sense of appreciation but with the gusto of a true enthusiast.
I don’t tend to trade on Sunday’s, or on French racing; but the richest race in Europe always draws my attention as it and the companion races are nearly always an opportunity. Most of the surrounding card in the UK is not the greatest quality, so I’ll tend to do some other …
Goodwood day three/four
A day of progress yesterday.
It was steady, but nothing spectacular. It’s a nice base to build from and I have finally settled into a pattern for Goodwood festival. Hopefully I can use today and tomorrow to pick off a quality opportuntity. Goodwood has lacked a blockbuster race for me so far this week, so I’m hoping to pick off something useful. Betdaq has been comfortable for me all week so I upped stakes yesterday and got my best day …
The most challenging race ever?
First day of Goodwood was quiet with nothing spectacular coming out of any of the races. I didn’t really get any stand out results from the card, just plodded along all day pulling in steady numbers. Overall a nice result on the day, but no thanks to Goodwood.
Today we have Frankel running. I think this is possibly the most uncompetitive group race I have ever seen in the UK? It’s difficult to do anything useful in a market like …
Royal Ascot trading review
This was an interesting year at Royal Ascot. The obvious highlights were Frankel’s win and Black Caviar’s close call. I thought the Duke of Edinburgh presenting his wife with a trophy was also a moment to remember, surprised to see no caption competitions on that!
Overall, according to Betfair’s statistics, £92.6m was traded before the off, up from £73m the year before. However, that included to races at incredibly short prices. If you strip those out and add back average …
Black Caviar to romp home carrying the Aussie flag?
Ascot trundles on this week and all is well.
I feel a bit like I am going through the motions this year. Yes it’s nice to get a really good week, but year on year there isn’t the sort of growth in the underlying market I would like, I’ll explain more in my final ‘a question of scale’ post at some point.
It’s been a manic couple of weeks so I’m looking forward to getting a break in the near …
Royal Ascot so far
A blockbuster start to day one with Frankel opening proceedings and promptly romping home by an astonishing distance.
Matched bet turnover was up on last year, but that’s no surprise on the basis of Frankel’s very short price. Overall pre-off volumes are ahead of last year, £35.3m has been matched on the races of the first two days. Curiously in-running matched bet volumes are down £3m on last year.
Tuesday is the day when I try and work out what …
Royal Ascot – First up Frankel
So it’s finally here, Royal Ascot starts today and I can’t wait!
I’m going to have an easy morning each day this week so I can prepare and feel relaxed for the on-coming challenge of the busy Ascot markets. Yesterday I did a dry run of all my set-ups, back up positions, automation, settings etc. and then went out for a bike ride with my youngest daughter. So I’m relaxed and about as ready as I can be.
The only …
Rome, York, Kiev
Back to the fold today and have been watching the Masters Tennis in Rome with much interest. It’s thrown up some good matches already and the ‘non-blue’ clay should give us some clues for the French Open. Murray’s match with Nalbandian yesterday had some great opportunites in it.
The Rome masters is a good place to get some practice in before the French open. Typically players will use it for the same reason as well, but be aware of retirements. …
Black Caviar makes it 21 out of 21
Wonder horse Black Caviar stepped up this morning to register her 21st victory out of 21 races. Going off at an SP of 1.06. A total of £2.39m was matched on the race at 07:50 this morning UK time. £2.374m or 99.4% of that was matched on Black Caviar.
Black Caviar was never ever in trouble in the race at all and the Jockey, Luke Nolan, did nothing other than sit on her and steer her. Without any effort she …
After Aintree – Time for some R&R
With the Aintree meeting now behind us it’s time to take stock and get some R&R ready for the start of the flat season proper.
Aintree meeting
The Aintree meeting was a peach and I had good days most of last week, including the important races at Aintree. The Grand National was pretty eventful overall and lived up to expectations in all respects. We captured extensive data, which we are analysing in the early part of this week. But the …
Flat pack
Looking forward to the return of the flat turf season today with the Lincoln at Doncaster. 22 horses line up to battle out this competitive handicap.
We should rejoice at the return of the flat turf season. It’s return will herald less clashing and generally bigger fields. In the winter it can be a right pain when you have many cards and all the races and are falling all over each other. This will mean you should see better opportunities …
Happy St Patrick’s day
Best wishes to our Irish customers. Whatever you are doing today have a good one.
After the frenzy of Cheltenham we return to earth with a bump today. Lots of racing, but little of note. Use today to adjust yourself back to the melee of lower quality racing. On the football however we have the FA Cup quarter finals, so that looks interesting and will throw up some opportunities. I may dip in out and of those markets.
For main …
Black Caviar makes it 19/19
Black Caviar the wonder from down under, put in another good performance early this morning 05:10 UK time, to get win number 19 out of 19 and move within a whisker of an all time record.
She went off at 1.15 but traded as low as 1.12 pre-off. The race was a bit closer than other recent efforts and she traded out to 1.49 in play. 99.2% of all money wagered was on this horse, amazing!
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Bet Angel sponsorship – Win a copy
We are pleased to announce we are sponsoring the entire days racing at Southwell today. Racing starts at 13:20 and finishes at 16:50 with eight races on the card.
For once there is a full days racing in the UK and Ireland. It seems to have been ages since that was last the case, we hope it is a good day for everybody!
We have set up a competition to win a copy of Bet Angel. Just enter your name …
Two card Mondays
Not a new card game, but a statement on the Racing so far this year.
By and large the racing is at levels that are normal at this time of year. A bit erratic, low quality, poor betting markets. But the transition from predominantly three cards on a Monday last year to just two this year is making things just that little more difficult this year around. In the Summer I will often take the Monday afternoons off, or do …
Betfair to compensate Leopardstown losers
Hot off the press, just received this email from Betfair: –
“Dear Peter,
Since the 2.00pm race at Leopardstown on 28 December 2011, we’ve looked in detail at all the circumstances surrounding the technology failure and the anomaly it created. In addition, we provided our Gibraltar regulator, the Gibraltar Gambling Commissioner (GGC), with a detailed technical and operational report on the incident and the GGC made a number of recommendations. We have also consulted with customers and taken their feedback …
Poor show
Fired up the racing cards this morning and watched the tumbleweed drift across the screen. Small fields, uncompetitive racing, not a lot to hang your hat on! There are some trading styles will suit the markets today, but I know it won’t really work that well for me. Especially as it’s a Monday. I had a good weekend, so I’m looking to inject some quality, not quantity, into my life today.
I’ll run some automated stuff and perhaps dip in …
The long day…………..
Today we have an interesting session. UK racing trundles on from afternoon to evening racing, then the Breeders Cup meeting comes on line in the US. As the Breeders cup meeting on the Friday draws to a close, we then morph to Australian racing and the final day at the Melbourne cup meeting. The remarkable Black Caviar runs again tomorrow and is a incredible 1.06 to win it’s group one race. I think that’s untradeable, but I am tempted to …
In-running confusion
From today new rules come into play for Jockeys and their use of the whip, new rules must also come into play for in-running punters. It will be interesting to see how this plays out.
For example, if a jockey has ‘used up’ all his in-running whip chances before the last fence and is desperate to edge out a close rival. In theory, he will be unable to do anything and this may bring what was a previously short price …
Horses and hay don’t work
Having exclaimed yesterday that you should make hay while the sun shines it seems that today at least, there is a dearth of hay to be made in the racing markets. Two low quality cards, on a Tuesday and only one race has ten runners or more. Hay doesn’t spring to mind but slurry does. With the sun beating down and the kids on holiday it’s part of afternoon off. I’ll do some work in other areas as well. Racing …
Back to earth with a bump
In line with my objective to take more time off this year, I had a well timed break after after Royal Ascot to head off for a BIG wedding abroad. What a fantastic experience it was and how I wish I could have extended the trip to the post wedding bash on the edge of the mediterranean. Wimbledon was calling though, so I had to make do with what was a fantastic few days instead. We packed so much in …
Final day of a busy week
Well done to Rory McIlroy who continued to rip through the US Open. Unfortunately this scuppered my trade which needs a competitive field to work. At 1.40ish this leaves only one possible strategy, to back or lay McIlroy. I reckon most people will lay McIlroy given his blow up in the US Masters. It’s a clear fact however, that the error most people make is to take past trends and extrapolate them into the future. Rather than go on gut …
Derby Day
An interesting day yesterday. The two Tennis semi finals were good, but not perfect trading fodder. I could have done with Murray coming back into the match a bit. Nadal / Murray had matched bet volume of £30m, the other semi was almost exactly the same amount. The Oaks had matched bet turnover of £2.6m.
Turnover on the Oaks was up on last year, but that can be accounted for by the way the field manifests itself. I will be …
Two card monte
We have reached the time of year when Monday and Tuesday racing drops to two cards in the afternoon. It’s an important time of year as this changes the characteristic of these cards to the negative, but also it allows you to do a few other things and skip these cards if needed.
Racing tends to be lower quality on a Monday and Tuesday and that combined with the 15 minute gaps in-between the cards leads to much poorer market …
Bank Holiday Moo-nday
Had to laugh at this great peice of camera work today from Carlisle. It seems it just wasn’t the punters that were interested in the Racing.
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York
Looking forward to some quality at York today. It seems racing is lacking a lot of quality this recently, volumes are not great and underlying liquidity poor, so I am keen to get stuck into some decent stuff.
There are a few threads on the forum about York in previous years. We have noticed that patterns often repeat in racing meetings so it will be interesting to see if the same happens again. I navigated yesterday without any errors, but …
Busy day
Looking forward to a busy day today.
Promotion and relegation battles will be settled on the football pitches today, that always throws up opportunities. There is nothing like career death to focus the mind of a highly paid footballer. I’m looking for an outside chance today. I’ll probably spread around my options to even things out. Did you know that Bet Angel can monitor and fire in bets across multiple markets almost simultaneously? This is ideal for football where matches …
Royal wedding tip
Fontwell 17:30, Current favourite to shorten even further? Why? The favourite is called ‘Royal Wedding’.
My youngest daughter is fastinated by the spectacle, my son said ‘What wedding?’. Have a great day William and Kate!
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