Posts Tagged york

EBore & the sack race

The York EBOR moved this year to a Saturday and as a consequence it killed it from a trading perspective. Chester races were only five minutes in front of York and Chester did it’s best to ruin York all day saving the best for the feature race by going off only 38 seconds before the big race at York. Racing UK got in about five seconds of coverage and most of that was covered with a graphic of the odds. Thanks racing, another own goal.

I think I may change my mind on the sack race, the first manager to get sacked this year. Leicester failed to win again yesterday and Sven didn’t sound very ethusiastic in the post match interview, but better than Paul Jewell who appears to be a completely beaten man at Ipswich. Twelve goals conceded in two games and a humiliation at Peterborough yesterday. I don’t think I have ever seen statistics so one sided in a competitive high level football match. I’m struggling to work out if I have ever seen a match where a team scores first but goes on to them concede seven goals, must be some sort of record at this level. For a match report visit the following link: -

http://news.bbc.co.uk/sport1/hi/football/14514657.stm

 

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York Ebor meeting

Summer racing isn’t over quite yet and today kicks of the Ebor meeting at York. I’ve traditionally done OK at this festival each year so I am looking for something above average this week. I’m going to give Betdaq a good go this week at York as liquidity is rising and I suspect I can get something decent out of some of these races. I’m keen to get some decent practice in. If you look at my Ebor result from last year I only need to get just over £100 on Betdaq to match the Betfair total after charges. I reckon I can easily achieve that, I should be able to get more. As I am a net liquidity provider to the markets, I still find it odd that I am incentivised to move my business in this manner. It’s all a bit strange.

Anyhow, Good luck with the Ebor meeting this week.

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York

Looking forward to some quality at York today. It seems racing is lacking a lot of quality this recently, volumes are not great and underlying liquidity poor, so I am keen to get stuck into some decent stuff.

There are a few threads on the forum about York in previous years. We have noticed that patterns often repeat in racing meetings so it will be interesting to see if the same happens again. I navigated yesterday without any errors, but it was generally unexciting, so fingers crossed today. 2/6th’s of way through jinx week!

Good luck at the Dante meeting.

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Eboring

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.

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Picking up speed

Yesterday was a big improvement on the first day of the York. I was desperately trying to top £400 for the Ebor but just couldn’t quite pull it off in the end. Trading conditions this week seem to be ‘good to firm’. It looks to be shaping up for a good August, which is great, as I’m keen to see a good end to the summer racing season. Things go downhill from here!

Monday saw the end of the evening racing at Windsor signalling a start to the end of the evening racing. This means less opportunities around but it’s also the time to expand my activity in other areas to compensate. I’ve also been working very hard in some new areas which will come on stream as we exit the Summer racing. I hope this will be an area of growth for me.

As a side note, one thing to be wary about today at York is the rain. If we get a fair bit the markets will start discounting this into the prices. So I am expecting a slightly more volatile day.

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Good week assured

There are not many weeks when I can start by saying I will definitely thrash last year, but this week I can say that.

Last year we lost York to the weather, endless rain and then some. It put paid to York’s big week. You can read the full story and my comments on last August by clicking here.

It wasn’t a fun time and I am really looking forward to getting stuck in this week, more so because my trading seems to have reached a new level in the last seven weeks or so. It just goes to show that taking time out to improve your trading can still pay dividends, even if you have been doing it for years.

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