racing

More Moore at Goodwood

Goodwood should have been renamed Greywood at the start of the festival, such was the miserable weather that accompanied what should have been a glorious week on the Sussex downs. But it was notable for one particular day.

The weather had a huge impact on the meeting last week and produced a below par performance from me and from the markets. I’d imagine most attendees on course last week, spent most of their time hiding from the incessant rain and …

Had a good week last week? Here’s why…

You may have seen me post up results or information along the lines of ‘If you did this with £100 you would have managed to achieve this’.

I collect and analyse a lot of data and it’s all with the aim of identifying biases and the structural nature of a market. You would be surprised how many markets exhibit biases. Some have exhibited a structural bias for my entire trading career. I’ve casually dropped hints now and again and it’s …

Little and often soon adds up

This is a phrase I’ll often quote when advising people on how to trade.

The real objective when trading

It’s really nice to bang in some massive results now and again, but generally, that’s not what trading is about. Most of the time I’m in a market I’m just looking for an opportunity. Something I recognise as having a decent chance of a payoff, with as little downside as possible. Sometimes you just can’t see them and sometimes they are …

A world cup that is suited to the desert

Saturday sees once of the world’s richest horse races take place at Meydan, the Dubai world cup.

Over the years I’ve moved from dabbling in the Meydan markets to doing them seriously. They often make for a useful addition on a dull day in the UK. Therefore I’d recommend a dabble in these markets if the volume is holding up and there is no clashing with other races. The world cup itself must be one of few where the prize

Starting out as a sports trader – Scaling up

I was back on my small account on Monday. I was recording a few videos at low stakes (I posted one last week) and also giving instruction to my daughter; she is progressing nicely.

I’m also teaching a new recruit to the team. It’s interesting to watch and learn from newbies and how they look at the market. I feel like It’s a microcosm of the entire market. I ‘feel’ this in the market every day, but experiencing first hand …

Seasonality in racing

For some reason, I know it’s named after a horse, the Tingle Creek meeting at Sandown sounds Christmassy to me, but for sure is an early high point in December .

The meeting is joined by Aintree (The Beecher chase) and the Welsh Grand National trial on Saturday to make a decent card. It should make up for the somewhat different racing we have had during the week!

Seasonality

At this time of the year, it’s easy to slip into …

Hennessy Gold Cup – One of my favourite races

I have fond memories of the Hennessy Gold Cup. I’ve traditionally done well at this race and it’s the race I traded live at the IX Investor show for Betfair in 2006. I know I’ve posted this summary, or something similar, before. But it’s definitely one of the highlights of my trading career so far so it’s worth a reprise for those that haven’t seen it before.

Betfair at a financial market expo

Seeing a betting company at a financial

Traders of the Prix De L’Arc

It’s that time of year that I turn my attention to a few overseas Racing markets. On Friday, I posted up a bit of evening racing at Moonee Valley in Australia and returned today to have a look at some of the other group racing. It’s with a view to gearing up to the Melbourne Cup Carnival.

Markets never stay exactly the same, so I’m always on the look out for changes. With the recent change in the Aussie API, for …

Quick Sand – Racing at Laytown

The races

Since 1868 Laytown has hosted the annual race meeting like no other. With no formal race course to host the equine competitors, these horses are raced on the beach. Laytown catches the attention of wide range of racing and non-racing goers each year.

Quite a few years ago I was captivated by the sight of horses running on the beach. It just seemed a bit different and interesting. So I set my sights on visiting this very unique

September Salisbury and it’s importance

Today we have a meeting at Salisbury, that’s not unusual at this time of year. But this meeting has some significance for all traders.

Why it’s an important race

Way back in 2003 Betfair published information on a specific race. Betfair went full disclosure on the race. It listed all the market participants what they did, how much they did, how many accounts were active overall and similar information.

On seeing this publication I just realised that it gave me …