Posts Tagged evening racing
Goodbye Windsor
Posted by Peter Webb in Bet Angel on August 23rd, 2010
I’m not leaving, but Windsor is. That’s it for the summer evening racing at Windsor and it marks that week that we transition to all weather only evening racing. The downside is you now have no get out of jail cards for a poor afternoon, good news is your social diary suddenly widens!
I managed to finish the last Windsor evening race of the year with a healthy £155 profit, but the rest of the day was a bit torrid. I didn’t enjoy it much and I know it wasn’t a great card, but the liquidity was poor and this made it tough.
To take less risk you need a good fill rate. When the market is filling orders quickly you can zip in and out of the market without too many problems. When it doesn’t fill very quickly you can be left with duff positions, especially if you use higher stakes. Today I had a lot of duff positions! As I exit the summer I think it’s clearer than ever that a lot of the racing markets on Betfair are not growing. I don’t think that’s a problem for most, but having been on Betfair for so long I’m increasingly running out of room to grow, either in depth or breadth. So that will be one of the things I’ll be looking at in the winter. My emphasis is definitely changing.
Any how, make the most of the remaining fixtures this week as it won’t be back until Spring!
Make hay
Posted by Peter Webb in Bet Angel on August 25th, 2009
Never was a phrase so true as in the horse racing markets than, ‘Make hay while the sun shines’ literally. During the summer we have wall to wall racing and a lot of quality then as we transition through to late August into September that just falls away.
The evening racing grinds to a halt and a card that could provide a top up to a good day or a serve you a get out of jail card, suddenly isn’t there. For new traders it can be a tough adjustment, but for us old hats we come to accept the territory. Seasonality is inevitable and ends up as part of your performance.
The summer is the time to push the boat out and try and set some records but the nearer we get to deep winter my focus changes to try to squeeze what I can out of each market but it a safe manner. I don’t have many races to turn things around if I make a crass error. I also shift my focus to football where there are a number of opportunties available at times that are complementary to racing, they can also be very low risk.
While there is less on the table it also has an upside, you get your life back! Evenings are suddenly free and there is less pressure on to achieve what can be daunting figures. While the flat racing is winding down, there are still plenty of decent meetings left and it’s not impossible pull out decent results, even from intermittment days. So there is still plenty of hay to be harvested. Here is my best effort today, nothing special but one of a number of decent results to make for a moral boosting day.
