Tag: horse racing

Little and often soon adds up

Little and often soon adds up

This is a phrase I’ll often quote when advising people on how to trade.

The real objective when trading

It’s really nice to bang in some massive results now and again, but generally, that’s not what trading is about. Most of the time I’m in a market I’m just looking for an opportunity. Something I recognise as having a decent chance of a payoff, with as little downside as possible. Sometimes you just can’t see them and sometimes they are …

30/04/2017 | By | 1 Reply More
Aintree, the Grand National and fallers

Aintree, the Grand National and fallers

If there is one thing Aintree is known for it is spectacular fallers. In 2011 British racing yielded to public opinion and changed the fences at Aintree. The idea was to stop more fallers and serious injuries to horses. Did that happen? Will it happen? What the key factors behind a faller in a race?

Source data

To answer all the questions I took a look at half a million horses that raced around the various jumps races over the

07/04/2017 | By | Reply More
The Flat is back

The Flat is back

Today marks the traditional return of the flat turf season. So that means the end of the footy season is nearing, the Grand National is right upon us and the first Golf Major of the year is also here. Time to really start building up your activity!

Transition

At this time of year, we move from the National Hunt season to the Flat season proper. This marks the return of flat racing over the green stuff. The Grand National is …

01/04/2017 | By | Reply More
A world cup that is suited to the desert

A world cup that is suited to the desert

Saturday sees once of the world’s richest horse races take place at Meydan, the Dubai world cup.

Over the years I’ve moved from dabbling in the Meydan markets to doing them seriously. They often make for a useful addition on a dull day in the UK. Therefore I’d recommend a dabble in these markets if the volume is holding up and there is no clashing with other races. The world cup itself must be one of few where the prize

24/03/2017 | By | Reply More
There is Light at the End of the Tunnel!

There is Light at the End of the Tunnel!

We are now in the middle of February which is historically the poorest and hardest trading month of the year on the pre-race horse racing markets, typically there will only be around £450m traded this month which is around 40% less than the amounts expected as we hit peak season where the monthly volume will of increased to around £750m.

How does this effect thing from a trading perspective?

When trading any market liquidity is key none more so than …

13/02/2017 | By | Reply More
Derby Day!

Derby Day!

Isn’t the Derby in June? Yes and no….

If you are in Australia, early tomorrow morning (UK Time) is Derby Day at Flemington 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 then more top quality days on Thursday and the following Saturday. It’s a busy period full stop on the horse racing front, as we also have the …

28/10/2016 | By | Reply More
Calamity Cambridgeshire

Calamity Cambridgeshire

I’ve picked off a few good results from the Cambridgeshire in the past and hope to this weekend. But I will remember this race forever for a disaster I had in 2011. Perhaps appropriate given the Betfair outage earlier this week, which I doubt that will be repeated. But is right at the forefront of my mind as I approach the big race tomorrow.

Outage outrage

Back in 2011 as we approached the key race of the day people started

23/09/2016 | By | Reply More
Newmarket – Behind the scenes at the home of British horse racing

Newmarket – Behind the scenes at the home of British horse racing

A few weeks ago I was fortunate to be invited to Newmarket (the birthplace and spiritual home of British horseracing) by a fellow Bet Angel forum member who is an ex-jockey that rode for Sir Mark Prescott for many years.

Newmarket itself is steeped in history and is built around horse racing with approx. 3000 horses stabled across 2500 acres. It is home to most of the UK’s top trainers. The best way to describe it would be to say …

14/09/2016 | By | Reply More
Loadsamoney

Loadsamoney

I made a post on social media this week about an article that appeared in the Financial Times. I didn’t realise at the time of posting, that in the background there was a mention of a sizeable position then went through the market at Royal Ascot.

I only realised this, when people started questioning it shortly after the post. Asking how it was possible put £125k through a market?

Ordinary or extraordinary?

This wasn’t an ordinary market, though, this was …

28/08/2016 | By | Reply More
York Dante Meeting

York Dante Meeting

After a successful Chester meeting we roll onto York for the Dante meeting this week.

The York card looks good with plenty of group racing, but the other stuff on the card today looks a little ‘testing’. For a direct comparison look at the prize money. Kempton has a grand total of £18.4k, York £191.5k. I’ll be cautious and use small stakes at the smaller meetings as a result.

As we move through the early part of the flat turf

11/05/2016 | By | Reply More
Trading Horse Racing – Workshop

Trading Horse Racing – Workshop

Why trade horse racing?

Trading horse racing markets pre-off is big business. In 2015 just short of £9bn was matched on horse racing before a single stride in the race had been completed.

That’s more than twice as much as football and nine times the same amount that is matched on Tennis. Racing is the biggest pre-off market on Betfair and provides some unique trading opportunities.

As I write this, today there are eight race meetings, with a total of …

06/05/2016 | By | 6 Replies More
Chester May Festival

Chester May Festival

Chester May festival starts today and it’s a welcome addition to the card, but based upon previous years it’s nothing amazing from a trading viewpoint.

Obviously we all love some extra liquidity that the quality racing will bring, but it’s never been a meeting that I’ve got really good amounts from. By that I mean I’m not banging in three figure results a race. Just the odd one or two a day. The thing to note about Chester is its

04/05/2016 | By | Reply More
A day at the races

A day at the races

After many years sat behind the screen. I’ve been making a conscious effort recently, to actually get out and enjoy some of the hard earned. But also I’ve been keen to experience first hand some of the sporting venues I’ve traded.

This was another year when I declined an invite to the Cheltenham Festival, but I made up for it yesterday by attending the racing there. Judging by the weather I picked the right day! I was quite keen to

14/04/2016 | By | 1 Reply More
Made in Meydan

Made in Meydan

Today sees the worlds richest horse race take place at Meydan, the Dubai world cup.

Over the years I’ve moved from dabbling in the Meydan markets to doing them seriously. They often make for a useful addition on a dull winters day in the UK. Therefore I’d recommend a dabble in these markets if the volume is holding up and there is no clashing with other races. The world cup stands out on it’s own as a race later in

26/03/2016 | By | Reply More
Cheltenham day one preview

Cheltenham day one preview

Willie do it again?

As I wrote last year, Willie Mullins is once again looking likely to dominate the first day of the 2016 Cheltenham Festival. It does seem, according to some that he simply has to turn up on Day 1 of this year’s equine Olympics and leaves everyone quaking in their boots; especially the bookmakers! I have to say that Willie may not have it all his own way as his horses do not, in my humble opinion,

15/03/2016 | By | Reply More
Trading Cheltenham

Trading Cheltenham

There is plenty to help you and get stuck into this Cheltenham if you are a Bet Angel user. Not only do you have a vast range of tools available but also the biggest set of videos you can image, a busy forum to chat to other traders and if you are looking to trading automatically a library of examples.Plenty to get stuck into on one of the biggest trading weeks of the year.

There is plenty to get stuck

12/03/2016 | By | Reply More
Billy no mates

Billy no mates

Nobody has invited us around this Christmas, so yet again today, our family is hosting everybody for lunch, but I wont be there. I guess somebody needs to earn the money to pay for it 😉 I’ll be locked in my study and making the odd appearance to say hello.

New years day is a busy day in the sporting world. At least the footy is occurring on a different day this year! But the racing is on today, as

01/01/2016 | By | Reply More
Hennessy Gold Cup – One of my favourite races

Hennessy Gold Cup – One of my favourite races

I have fond memories of the Hennessy Gold Cup. I’ve traditionally done well at this race and its the race I traded live at the IX Investor show for Betfair in 2006. I know I’ve posted this summary, or something similar, before. But it’s definitely one of the highlights of my trading career so far so it’s worth a reprise for those that haven’t seen it before.

Betfair at a financial market expo

Seeing a betting company at a financial

28/11/2015 | By | 1 Reply More
Why trading horse racing works so well!

Why trading horse racing works so well!

We had a glorious example earlier this week as to why trading is definitely a better way to earn money on Racing than traditional punting! The great thing about this trade, is that I did it office when we had somebody in for training; so it was great to pull of such a trade while they were here.

If somebody from a traditional punting background doesn’t understand why they should trade, show them this post!

The set up

We have

02/10/2015 | By | Reply More
Marmite Monday

Marmite Monday

It’s that day of the year that you either love or hate. The August bank holiday in the UK brings  a whole bunch of racing, all on the same day.

There will be lots of meetings on today and about a billion races. This may seem like heaven for some, but it’s a nightmare for others. Quite a few races will attract little liquidity, a lot isn’t of quality and many races will clash meaning that you can’t do much

30/08/2015 | By | Reply More
Ebor, Ebore or Ffast Loss?

Ebor, Ebore or Ffast Loss?

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.

The Ebor meeting can yield some good results, but nothing is ever guaranteed and this meeting can be a bit random at times so it’s probably not going to be all plain sailing. It should be better than what we have been seeing recently though.

Traditionally

19/08/2015 | By | Reply More
Betdaq and Irish racing

Betdaq and Irish racing

We have a confluence of opportunity today, but unusually, it will be pronounced on Betdaq.

To understand why we need to look at two factors. Prior to 2008 I wasn’t really active on Betdaq. I took an interest in 2008, but it was pretty quiet. However my hand was forced in 2011, so I started to set about doing something in earnest from that point. Volume, noticeably on horse racing has been rising steadily since then to the point where

18/07/2015 | By | Reply More
Royal Ascot week

Royal Ascot week

And so here we are, another year, another Ascot. That came around quickly didn’t it!

For me, it’s another declined invitation to attend. While that pains me, for the moment I’d still rather be on this side of the desk during one of the busiest weeks of the year. By next year my eldest will probably be in a position to take over! Subject to performance and enthusiasm!

Ascot is obviously a big deal and generally I target it to

14/06/2015 | By | Reply More
BETDAQ Royal Ascot promotion

BETDAQ Royal Ascot promotion

BETDAQ is back with a key promotion at Royal Ascot, well timed if I say so myself!

As I’m sure you’re aware, next week is a huge one for traders with Royal Ascot and the US Open taking place. BETDAQ has traditionally performed well during the big meetings (see the image below), if not better nowadays than Betfair. So it’s an ideal opportunity to give it a try next week. I tend to trade on both exchanges during these key

12/06/2015 | By | Reply More
Two card Tuesdays

Two card Tuesdays

We have reached the time of year when Monday and Tuesday UK racing drops to two cards in the afternoon. It’s an important time of year, as this changes the characteristic of these cards to the negative, but also it allows you to do a few other things and skip these cards if needed.

Impact on racing

Racing tends to be lower quality on a Monday and Tuesday and that combined with the 15 minute gaps in-between the cards leads

02/06/2015 | By | Reply More
Trading the Newmarket Guineas meeting

Trading the Newmarket Guineas meeting

The weather is looking mixed this weekend for the first real big trading market of the flat season, the Guineas. I’ve always enjoyed the Guineas meeting and have had some fun and game over the years on it.

Last year on the 2000 Guineas I bagged a decent total from the race. The market reached over £4m in turnover but tomorrow I think it will be down a bit. This is mainly due to the market dynamics and the fact

01/05/2015 | By | Reply More
Spring is definitely here

Spring is definitely here

European clay court Tennis, Racing at Newmarket and shock of all shocks, some decent weather in the UK. Spring is definitely here!

So we are now on the cusp of a lot of major sporting action. This year wont be quite as busy as last year but it’s something to look forward too.

The Monte Carlo Masters Tennis is a signal to start dusting down things for the French Open. The clay court season in past years has been interesting …

16/04/2015 | By | Reply More
How to win every year on the Grand National

How to win every year on the Grand National

So the Grand National is upon us and that monumental task faces us again, picking a winner from 40 runners. Worse than that, all our friends will want a tip as well.

Picking the winner from this incomprehensible field is a bit of a nightmare. There are some common trends that are touted each year. Horses that haven’t won over three miles are generally not considered, as are horses with no experience of large fields. Positives are age, experience, proven

10/04/2015 | By | Reply More
Could the General election change racing forever?

Could the General election change racing forever?

A fair few years ago I started visiting the houses of parliament.

I wasn’t looking to be an MP I just wanted to follow the passage of the new Gambling Bill through parliament and the committee stage. I learnt a lot about politics, lobbying, MP’s, party whips and the legislative process. The biggest thing I learnt was it was largely a pointless exercise. All the discussion, cross checking and diligence went out the window when the bill was guillotined thanks

18/03/2015 | By | Reply More
Cheltenham festival – On the other side of the fence

Cheltenham festival – On the other side of the fence

Sometimes, enjoying the sport you normally trade can be just as must fun! Dave gives us an insight to his experience of a day at Cheltenham…..

As many of you know, my health has been an issue for many years now. I wake up every morning and within 30 seconds I know if it is going to be a struggle or if I can be okay. I rarely get a good, or what many call a normal day, so I

17/03/2015 | By | Reply More
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