Horse Racing

Trading Royal Ascot

And so here we are another year, another Ascot.

Ascot is obviously a big deal and, generally, I target it to be at least the second biggest week of the year. I’ll look to do more in a week than I can normally do in a month, so it’s a significant meeting. Wall to wall, quality racing, from Tuesday till Saturday. You also get the added bonus of lots of drunk people places bets on horses because they like the name 🙂

But

York Dante Meeting

After a successful Chester meeting we roll onto York for the Dante meeting this week.

The York card looks good with plenty of group racing, but the other stuff on the card today looks a little ‘testing’. For a direct comparison look at the prize money. Kempton has a grand total of £18.4k, York £191.5k. I’ll be cautious and use small stakes at the smaller meetings as a result.

As we move through the early part of the flat turf season, the

Chester May Festival

Chester May festival starts today and it’s a welcome addition to the card, but based upon previous years it’s nothing amazing from a trading viewpoint.

Obviously we all love some extra liquidity that the quality racing will bring, but it’s never been a meeting that I’ve got really good amounts from. By that I mean I’m not banging in three figure results a race. Just the odd one or two a day. The thing to note about Chester is its

Manic Monday

It’s one of a handful of manic trading sessions you see during the year today.

There are 620 runners on the card today and 54 races. Sounds like heaven, but it can be hell. The markets are just often not strong enough to do anything with. You often get a lot of donkeys out and therefore you end up with some competitive handicaps at the lower end of the scale, but little money and little time to trade them.

If …

How evening racing is different

We have now started the evening racing in earnest and it won’t stop till the end of August. So you have four months to make hay while the sun shines, not forgetting we are in the England, so it won’t shine much.

However, there are at least four different states that you see in racing during this period.

(1) Afternoon racing

This tends to me higher quality than the evening racing and will therefore trade differently.

(2) Evening racing

There is