Posts Tagged horse
Eboring
Posted by Peter Webb in Bet Angel on August 19th, 2010
OK the racing has been entertaining, but the trading has been less fulfilling and lacked a bit of spark about it. This is probably due to a participant(s) in the market that is causing grief for quite a few traders.
On Tuesday I seriously underperformed in light of this activity, but on Wednesday I turned it around having monitored the activity. I think that’s the problem with this tactic, it is easily exposed. We put the autotrading spreadsheet on the market using small stakes and analysed the resultant data to understand what is really going on. This answered quite a few questions for us, but still left some unanswered; but it was a big step forward. We think this person could get seriously caught out given the right situation occurring in the market, so we are just waiting for the that opportunity. We will continue to monitor this unusual activity.
The Ebor turned over £1.6m vs £2.3m last year but on a like for like basis it was about level. I underperformed on this race, but still got a reasonable result.
St. Leger so far
Posted by Peter Webb in Bet Angel on September 11th, 2009
Things seem to be going OK this week, better than I expected. The Doncaster markets are a bit jumpy but by and large I am pulling in some steady but unspectacular results. My strike rate continues to improve and in the last 106 races I have lost in only 7.
Yesterday was fair, but acceptable and we still have the two biggest days coming up today and tomorrow, so that should help get to a good week. That said the card at Doncaster doesn’t look particulary strong and on top of that racing experts are saying that the St. Leger isn’t a strong race this year.
The issue I have today is that we start the card with a Group 2 race all out on it’s own at 13:35, not a helpful start to the day. I always find the first race of the day a struggle and usually my objective is to just get a small profit to get the day off on the right foot. Today I will have to push a bit harder on the first race which will make me feel uncomfortable.
We also have to look forward to the three runner at 16:25!! I will trade this as no matter what the market, there is always a strategy to put to use on it. The favourite Al Zir will be going off at 1.42. If you been on my course you should know what to do, especially as it should attract a lot of volume.
On the loose
Posted by Peter Webb in Bet Angel on July 17th, 2009
A good example yesterday of activity caused by on course activity. Skylla broke loose at the start and this caused quite a lot of movement in it’s market price. The camera was staring straight at Skylla when the handler let slip of the reins during a ‘frisky’ moment and Skylla took the chance to run to the start. Ryan Moore could only hold his head in despair.
Contrary to what you may think or have been told, the price on Skylla came in when it broke loose and only started to fly out when it was definite that it was running. There is a good explanation why this happened but it’s beyond a few paragraphs on the blog. As it was, Skylla ran really well and was only just edged out by a nose in the actual race itself.
Expensive problem
Posted by Peter Webb in Bet Angel on July 9th, 2009
This was the name of the horse that reared as it left the stalls in the first at Epsom this evening. I was waiting for a lay to get matched and hanging in there I had turned the lay to an SP order. As the fast pictures boys saw it l0ng before I the price shot out and the SP returned was dreadful. What was a nice profit turned into, well, an expensive problem!