racing

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 had a meeting at Salisbury, that’s not unusual in the summer. But the last meeting has some significance for me.

The reason that race is important to me is that way back in 2003 Betfair published information on a specific race. The information published, which was available in the public domain, was the feature race at Salisbury on that particular day.

The reason for the importance

The reason the race was so important was that Betfair went full disclosure …

Ebor or Ebore?

Summer racing isn’t over quite yet and today kicks of the Ebor meeting at York. I’ve traditionally done OK at this festival each year so I am looking for something above average this week.

The Ebor meeting can yield some good results, but nothing is ever guaranteed and this meeting can be a bit random at times so it’s probably not going to be all plain sailing. It should be better than what we have been seeing recently, though.

Traditionally,

Why Monday’s evenings are great markets

Something snatched my curiosity many years ago about trading the evening racing during the summer.

Anomaly

It always seemed pretty anomalous to me, but I would always feel that I would do well on a Monday evening, But Tuesdays would often be terrible. The rest of the week would vary depending upon the type of races and courses where the evening racing was being held.

Closer examination showed that Windsor was producing consistently above average results. So I came up …

Do Betfair markets reflect true opinion?

OK, for years the exchange mechanism has provided a very useful pricing mechanism. A careful aggregation of demand between people competing on a level playing field and it has provided a beautiful insight into the way free markets can work to mysteriously, accurately, price an event –  in this case the prediction that something will win a sports event.

Changes

But we have been watching closely as the market has gradually decoupled from it’s long established core. What do we mean …

One Bank Holiday you may want to trade

Bank holidays can be a bit of mare. Four billion horses, racing over a thousand meetings. OK, A slight exaggeration there, but you get the picture. Too much racing, too many courses, not enough quality and everything falling over itself.

But today that actually isn’t the case and generally isn’t on this holiday. We have a lot of runners and they are spread many races, but the card is lined up well. That means, even allowing for later starts, it’s unlikely that …