Posts Tagged greyhounds
Going grey
Posted by Peter Webb in Bet Angel on December 22nd, 2010
With the weather hitting the horse racing, I’ve been playing around in Greyhound markets a lot more. Greyhound markets are a different beast from horse racing for sure, but they are viable as a market. I don’t think they are viable on the scale of other markets but they certainly can produce the goods. I can’t afford to spend too much time on these markets but I think they should be of interest to many others.
In this P&L you can see that I earned £42 in 36 markets. While this is only just over £1 a race on average you can get up to 100 races a day. Also, I did this in between my other activity. Start multiplying these numbers up by day, week and year and they look interesting. I’ll stick a video up for Bet Angel customers when I get the chance. Worth a play.
Greyhounds
Posted by Peter Webb in Bet Angel on September 23rd, 2009
Popped into the Greyhound markets last night. My interest was that Betfair were sponsoring it last night and I thought that may add some liquidity and make it worthwhile. Trading the dogs isn’t like the horses, it’s much more volatile but it generally works in a similar way and similar styles can apply.
I never get a massive amount out of the dogs but it can add a bit to the day. The funny thing about last night was the couple of big races. The TV camera swung to a Betfair screen and Gary Wiltshire described the money and odds available. It was just at the same time I dropped £2k into the market. There was only £2.1k or so to back the favourite so I was pretty much all of that, quite funny.
I pushed the boat out for the big race and ended up being around 15% of the total market! Sorry if I trod on anybodies toes but I’m always trying to look for new things to do where possible. I didn’t actually earn a great deal from the race but it was worth experimenting.
Flying winner
Posted by Peter Webb in Bet Angel on January 26th, 2009
Price crash
If you are looking for some new trading ideas you may want to look at Greyhound racing. Most meetings are bags meeting and attract little volume, but the televised meetings seem to pull in decent turnover. Last week I stumbled across an evening card at Perry Barr and had a dabble.
You can put through reasonable volumes through these markets, in one race alone I accounted for just over 7% of the the entire market! It was a curious market also, the favourite plunged into 1.04 at some point, possibly a case of fat fingers or a similar error but the backer got away with it as the dog won comfortably.
Despite my turnover, I only managed to get just over £80 in total from the two races I did. Not a great return on turnover but a useful result none the less