Tag: racing
Evening all
Tonight sees the return of the ‘I’m not interested in racing, I’m here for the concert’ season.
But seriously, flat turf evening racing starts up again tonight and as we shuffle through the weekend. We also can herald the start of Windsor in the evening, which means we things are about to step up a gear. At least in quantity.
This is a perfect time for part time traders or people who want to try trading but don’t have much …
Flat packed
Nice to see some flat turf racing underway and the weather improving. Things will get busier from here. In April the flat turf season really starts to kick in and the other meeting types decline, see the graphic. 
Aintree was the last chance of a decent total from a jumps meeting and it did oblige but in a grudging manner. I found Aintree much harder than in previous years, but that could have just been me. Markets shift subtly over …
Black Caviar triumphs again
Black Caviar clocked up win number 25 out of 25 this morning at Randwick racecourse in Sydney.
She strode to an easy victory in the Group One TJ Smith Stakes. Her appearance completely overshadowed the running of the $1.5 million Australian Derby. Priced at 1.18 she accounted for £1.74m of £1.76m in matched bets on the race.
More speculation around her possible appearance again at Ascot still hangs in the air, as does the prospect of her meeting up with …
Nice finish to a tricky day
Wasn’t sure what to expect from today as it’s the first time the Lincoln has been shifted by a week since I have been trading it.
Last week we had virtually no racing at all and today we ended up with the chaos of 50 races, even excluding the big meeting at Meydan. To be honest I’d prefer neither. A nice progression from one race to another, no clashes, but lots of racing is my ideal set up. Didn’t really …
Flat racing falls at the first hurdle, but…
Hopefully the start of the flat season isn’t a portent to the rest of the season!
I always enjoy the Lincoln handicap this Saturday as it can be a pretty useful day and a kick start to the season proper. But not this year, yet. Hopefully things can return to normal and by next weekend we can really get moving.
While we are missing what would be a normal card, opportunity is always in the market if you look at …
Caviar, served on a plate
Tomorrow sees the return of Black Caviar to the racing track.
She will be running in the Group 1 William Reid Stakes at Moonee Valley tonight / tomorrow morning depending on your location on the planet.
Nice little quote from the Adelaide now: –
“”If anybody has backed Black Caviar every start they are obviously a long, long way in front,” TAB’s Matt Jenkins said. “If they had the foresight to put $100 on Black Caviar at her first …
Too much ‘not enough’ racing
It wasn’t really a surprise this morning to hear Newcastle had been abandoned. It seems over the last year they have only had a handful of meetings there. Winter hasn’t been great this year for sure, but it hasn’t been terrible and it’s amazing to see how many meetings have been lost.
But worse than that the number of runners at a lot of these meetings is miserable. Today we have only two races on the afternoon card that have …
From feast to famine
That was a really nice finish to the Festival, I can therefore declare Cheltenham 2013 as a success. Now its back to the grindstone trying to sort the wheat from the chaff; I am findingb lost of chaff.
Cheltenham went well and it was really nice to do that because you tend to measure yourself on prior years and hope you are still moving in the right direction. So it’s reassuring to know you can still do it and in …
Cheltenham – Finishing post is almost in sight!
Gold Cup day is upon us and that means all this weeks fun and games at Cheltenham are almost over.
Yesterday continued the trend of a decline in turnover that we have seen this year. Yesterday was 12% lower than previous years. We also got to add back in the XC chase to the mix and rebasing that back to Tuesday indicated that day declined 7%.
I’m not expecting to break any records this year, to do that needs everything …
Calm before the storm
Just had a glance at the racing card today and it’s a predictably poor one for Cheltenham week. On this day for my entire exchange career I’ve only had one really good result, back in 2009. All the rest have been very ‘missable’.
So today I am tidying up loose ends and checking everything is in order before the ‘Roar’ meets us tomorrow. Again this year I have been offered hospitality, but I’ve had to decline as the opportunity to …
Snow way!
With racing cancelled today, I took the opportunity to regress to childhood and went outside to play in the snow after the Australian Open Tennis had finished for the day. That’s the useful thing about having Children, you can act like one!
I didn’t anticipate doing any racing at all, but drifted back behind my desk to set up for the Tennis tomorrow morning. I saw Dundalk was on and thought I’d have a quick go. Profited on every race …
Dubai World Cup Carnival
Here is another sports event I will make the effort to attend some day. For the moment, I’m still sat behind my monitor taking an active interest in it from the other side.
The racecourse was designed to be spectacular and a draw to people all over the world, they have certainly achieved that. I’m aching to get there at some point and will do so when the time is right.
Over the years the amount of liquidity on the …
Not bad for a winter Tuesday
First snow of the winter arrived here this morning and I had to dodge in and out of various potential mishaps on school run this morning.
Trading winter racing markets
Winter in the racing markets can be a bit bleak. A chunk of the races can be fairly poor affairs and that’s if the racing goes ahead at all! My overall potential drops quite significantly at this time of year on the racing, I typically see a decline in the …
Cheltenham Open
At last, some quality comes back into the jumps season!
With the Cheltenham open this weekend we can look forward to the fact that the festival is only four months away! Hey, you need something to look forward to during the, often bleak, winter season.
The Open is a useful meeting and volumes will be higher than normal so it’s an opportunity to get tucked into some decent markets. This isn’t like the Festival though so you shouldn’t get wildly …
Farewell Frankel
A horses racing career is pretty short isn’t it?
It’s not something I had appreciated until I learnt more about horse racing. But being so highly rated Frankel is now too valuable to continue racing. Instead he will spend the rest of his days trying to produce ‘Frankel junior’ at some point in the future. Though there is a possibility we may not see another similar horse for quite a few years.
Undefeated in all 13 of his races, Frankel …
Getting a little jumpy
It’s that time of year when the flat turf season yields to the jumps.
You often find the markets and underlying results go a bit wonky at this time. Things don’t act the same way as normal and markets shift a bit, I have mentioned this in previous years.
You tend to find, feature races being the exception of course, that the flat turf races tail off and it’s too early for form lines to be properly assessed on the …
St Leger Day
The oldest classic horse race in the world is almost upon us again and while it marks the closing of the flat turf season, tradition dictates that it also marks an upturn in financial markets if folklore is to be believed. “Sell in May and go away, don’t come back till St Leger day”
There is a general ‘theory’ that during the summer stocks languish and only when everybody is back to their desk does the market perk up. Here …
Laying on the beach
Laytown – Sounds like a small town where people favour only one side of the book. But its actually a racecourse in Ireland. Since 1876 Laytown has hosted a single annual horse racing meeting on its beach – one of only a couple on sand (held on the beach) race meetings run under official rules of racing in Europe.
The BBC have made it the subject of a documentary, titled Racing the Tide, and have included passages in their …
Manic Monday
The late summer bank holiday brings with it, not just the traditional rain in the UK, Cartnel is abandoned due to waterlooging; but a plethora of racing as well.
That’s an issue. Even with the one abandoned meeting there are still 64 races in the card. But quite a few of them clash directly and during the day it’s unlikely that all will go off on time so that will bump up the number of clashes.
It’s going to be …
Goodwood, close but no cigar
So Glorious Goodwood is upon us.
I used to live on the South Coast and Goodwood has always stuck in my memory as a very scenic and entertaining course to visit. Perched just north of Chichester, you can climb Knights Hill and get a great view from which to look down on the course and the wonderful surrounding countryside.
If you fancy a round of Golf, the golf club is only just around the corner and is very enjoyable and …
The Derby on BETDAQ
Last year I consciously decided to allocate a lot more of my time to learning and understanding how the markets on Betdaq work in great depth. No guess for what prompted this! In the past I’d tended to cherry pick markets as it was easy to find markets that were more suitable for my style, but I felt I really should make the effort to work harder on ALL markets.
A year on and I’m active on pretty much all …
The Royal Derby
Many thanks Ma’am for bringing some focus to racing on your Diamond Jubilee, it is much appreciated.
The Derby market is a funny one for me. Over the years I have flip flopped between good and bad results. Looking at today’s race, it looks a bit tricky. With Camelot going off at such a short price interest in the market will be high and I expected there will be significant volume in the market. That’s great, but it will squash …
Frankel Fever
Frankel is back in action as he goes for win number ten in the Lockinge at Newbury today. It’s difficult to forget his winning Guineas run and it will be an interesting race to watch at Newbury.
I flunked the Guineas market when he ran and I’m hoping Newbury will be different, but I’m not so sure. At the time of writing he was trading betwenn 1.30 and 1.40. Looking at the race the market is effectively pricing in a …
Lacklustre start to evening racing
Looking out the window I see is droughting down again. Just got into the office today, having had the morning off to relax and get ready for a full weekend of sporting action.
We have the Guineas meeting over the weekend and of course the FA Cup final tomorrow. Fingers crossed we don’t get many more abandoned meetings because it’s really put a damperner on the start of the evening racing season. It’s usually nice to get tucked into all …
Black Caviar – New records all round
This morning we saw Black Caviar step up to win a record 20th race in a row. Number 21 is already planned and number 22 could be a royal Ascot showdown with Frankel. Amazing.
If this happens, the race of the decade could be on the cards. While this race could be massive, with Ascot just up the road from me, I’d be tempted to take a day out of trading just to see this race.
In the race today …
Betfair to continue with Racing in Australia
Reports coming in that despite their loss in the recent high profile court case, Betfair appear to have made the decision to continue to offer racing to Australian customers. Here is a copy of the correspondence.
Dear *****,
Many of you will be aware of a recent decision by the High Court of Australia which upheld Racing NSW’s decision to impose a turnover based fee on wagering operators.
Due to the additional cost to Betfair associated with this decision …
Craving more Craven
Stuck in a pretty good performance on the first day of the Craven meeting and was pretty pleased all round with overall performance. Some of the testing I’ve been doing on new ideas came good as well, so I’m really chuffed. The champions league didn’t really through off a quality opportunity last night, but apart from some stuff before the off I didn’t really get that involved. Second legs should be interesting.
I prefer to know whether I’m in a …
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 …
Don’t Panic!
This afternoon, for an experiment, I was wired up to a heart rate monitor. It was a test to see how I reacted throughout a busy day and to see what sort of stress I went through. As it turned out it measured a different sort of stress from normal!
The day started as normal and pulled in a couple of OK results. On the approached to race three though something seemed to be going wrong and the response I …
Cheltenham – So nearly a record
Big day today, the iPad three is launched! – LOL – You also have the Cheltenham Gold Cup.
Yesterday went much better than I thought. I scoured my notebook from days one and two to give myself the best chance of pulling something out of the hat and did. The markets are very similar to last year in that respect.
I was a bit more aggressive and confident yesterday and that helped a lot. I was also able to read …
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