Posts Tagged 2000

1000 Guineas

Rather bizarrely I managed to get just over 1000 Guineas in profit on the 2000 Guineas. Does this mean I will get 2000 on the 1000? I doubt it, but it was an excellent day. I just happened to have one of those days where everything just seemed to slot into place. I managed a clean sweep on all 44 races I traded today. It’s so nice to do that, but I think you have to be realistic and accept that a day like that is rare. I had a stinker yesterday, so it was a pleasant surprise because I had set my expectations to a much lower level for today. Tomorrow I will have go at the fillies race and see what I can get from that, I am not expecting a repeat performance!

I am currently looking at the Kentucky Derby. I’ve never traded this successfully in the past and I am currently debating whether I try tonight. I’ve have a rule that even if I think it won’t work out, I should try anyhow. It’s another chance to learn and try to get it right for the future. Good luck if you are having a go, I have a friend at the track and he tells me the weather is horrible!

100501 - 1505 - 2000 Guineas - Copy

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The two grand race

Ok not quite two grand and also it shouldn’t have been! But thanks to Betfair’s well documented problems this week, a failure to turn markets in play, I fluked a big gain on one race today. See below: -

090711 - 1740 - Nottingham £1800 - 02 - CopyTo be honest I’d rather forgo the money and have the whole system working as it should do. It serves no one to have a faulty platform and it would be much better to be sure that you know what is going to happen next. I also take issue with the fact that Betfair were not correctly backdating “at inplay take sp” orders. A very errant approach in my opinion. While a bonus is nice it isn’t real and these things work both ways. Earlier in the day at the 15:00 at The Curragh, I got a big negative. I decided then not to risk anything further but the issue didn’t seem to be present at UK races so I got suckered at Nottingham. As luck would have it, the right horse won and I got the benefit. But that’s it for the moment, no more till I am confident that Betfair is working properly again.

Betfair quote ‘technical issues’ as the problem. I strongly suspect that it is the SP reconciliation process that is broken. I also suspect that Betfair are placing their own SP orders into the market at this moment. I can’t confirm this but from the evidence I have seen, the way the SP is shifting, this problem and the delayed SP reconciliation this evening make me suspect that this is what the problem is. I’ll ask Betfair and let you know what they say. Clarification on the issue would go some way to pacifying what must be a whole bundle of unhappy customers. I was lucky today to escape, but I suspect there are many out of pocket.

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