Posts Tagged austrailia

My Melbourne

Me and the Melbourne cup go back a few years now. Many moons ago I got interested in the ‘race that stops a nation’ and learned that it really did stop the nation, they have a national holiday today.

So, intrigued, I got up at 4am one dark winter Tuesday to see what all the fuss was about. Nothing really happened apart from a lack of sleep and I returned to bed disappointed. Back then I had converted have the garage in my old house into an office that I could work from. So I slept on the floor that night so I wouldn’t disturb the rest of the family. The following year I tried again and did a bit better, but not much. My wife thought I was mad getting up at 4am to watch a bit of racing.

From year three however things started to move in the right direction and I built year on year on my knowledge and understanding. So this year I am looking forward to giving it another go. I have taken up the kind offer of a Bet Angel user to shift time zones to give myself the chance to participate in a more reasonable frame of mind and in more comfortable surroundings than a garage floor.

Good luck if you are giving a go tonight.

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Melbourne cup carnival is here

The race that stops a nation isn’t too far away now, but the action really kicks of in Flemington today / tomorrow, depending on where you are in the world.

We have a number of very high profile, rich prize money racing in Melbourne this Saturday, Tuesday, Thursday and next Saturday. It should prove to be a real feast of high quality racing.

From a European perspective there is the issue that most of this takes place in the dead of night. However, if you want to look at and learn from this why not do some automated stuff overnight? Whether it is just to collect data or test an actual theory there is plenty of scope to get Bet Angel to do things that you can’t.

I’m really looking forward to the carnival this year. About six years ago, I think, I tried to do something on it and failed but have got better over the years at pulling something out from this meeting. Good luck if you want to give it a try.

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Good start to a good day

Got up early this morning to give the Caulfield cup a bash and got it just right for a really good result.

We have a ton of really good racing at Ascot today so that should produce some really good potential as well. I am sure everybody will be keen to see Frankel run again and at such short odds you would expect the win to be a formality.

Such short odds in such a big race will mean the market is stuffed full of money on both sides of the book. While this sounds great it can be a bit of a mare as the fill rate will drop and this will increase the risk you are taking in the market. In line with my recent policy I will be using both Betfair and Betdaq today. This is because the fill rate on this race will most likely be higher on Betdaq. I reckon I could get a really good result on this race on Betdaq so I will be putting more funds into my account to give it a really good bash. It’s worth getting Betdaq Angel fired up and ready to go on this race if you find yourself stuck behind £50k on Betfair.

Domestic football is back into the fold today and the Rugby world cup semi finals will also add to the interest today. It’s going to be a busy day!

 

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Derby day

Isn’t the Derby in June? Yes and no, if you are in Australia, early tomorrow morning (UK Time)  is Derby Day in Victoria. This kicks off the Melbourne Cup carnival and a week of top class Australian action. On Tuesday we have the race that stops a nation, the Melbourne Cup.

As I have leant more and more about this carnival of racing, the more I realise it’s significance and I’m actually quite excited about it this year. I don’t know if I have the energy to trade it, but an early rise may be in order given the right market conditions and enough desire to overcome my need to sleep! Good luck if you are getting involved.

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Early bird

With the Melbourne cup just around the corner and a breakfast meeting in London this morning, I thought I would take the opportunity to get up a bit earlier and trade the 1000 Guineas at Caulfield racecourse, Melbourne, Australia. I posted the result on the forum. The more I dabble in Australian sports the more I get the urge to visit this antipodean land.

It was good practice for some of the bigger races coming around the corner. I did well and within an hour was showered and on the train in the rush hour to London. Just goes to show that opportunities occur all about you if you are willing to look and work at it. I am tired this afternoon though, so I wouldn’t recommend this all the time; however I did run a spreadsheet all night on the racing so there is a start for something new.

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Betfair Aussie license set to expire soon

With Betfair’s Aussie license set to expire in 15 months time, the positioning and negotiation is well underway by the look of it. It could be a seminal moment, as agreement on a structure and new license will determine how the exchange model plays out down under. With the announcement from the French it seems widespread acceptance of exchanges is still someway from being achieved.

Full story on this link.

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Early bird doesn’t catch the worm!

Hmmm, bit hacked off this morning. Up very early to look at the Aussie group racing. Did a nice trade at Caulfield only to see my profit wiped out in a manner I hadn’t seen in the UK.

As the race started two horses reared and one chucked it’s jockey in the stalls. In the UK that would have just been tough luck, but the stewards in Aus called one or both non runners, not quite sure what they have done at the moment. This obliterated my trade and I went from a nice profit to nothing. So all this rhetoric about the early bird, well no juicy worms about this morning! In fact I feel like at cat just snuck out and bit my head off! Such is life.

Off to play Tennis at 07:45 so hope I have a good game and return to UK racing in a better mood.

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