Australian racing

The sport of kings.
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Naffman
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Derek27 wrote:
Sat Apr 21, 2018 7:20 am
Naffman wrote:
Sat Apr 21, 2018 6:57 am
Struggling to get any momentum today
Do you trade all night or are you an early riser?
Trade from about 5am till 11.30 with a break in between

Don't know how you go all day :lol:
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Derek27
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I'll be going to bed after the last at Caulfield.
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Euler
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Location: Bet Angel HQ

Derek27 wrote:
Sat Apr 21, 2018 7:53 am
I'll be going to bed after the last at Caulfield.
Starting to sound like me
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mcgoo
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Derek27 wrote:
Thu Apr 19, 2018 11:18 pm
mcgoo wrote:
Thu Apr 19, 2018 10:38 am
Cards37 wrote:
Wed Apr 18, 2018 10:49 pm


And yet I still suck at it despite it being in my timezone!’
Ditto mate .Suck level has slowly improved from a -5 to a -3 so I take comfort in that :D Derek (among others) particularly inspires :mrgreen:
When you see a market like the one in the graphic above, just place small bets on both ends of the spread and you have a good chance of getting them both matched.

You won't make much, but I take the view that if you pick up a fiver on the street, you can't really complain that it's not a tenner. :)
That helped a lot thanks Derek. This seemed to make me a lot more patient and I watched for signals in the market that (I think) indicate moves,otherwise I stayed with the scalp.I noticed how few real swing opportunities seemed to be around.It appeared to work: 75% strike rate and increased (small :D ) bank by 10% over 25 markets.A good day.Cheers for the help.
PS: "Hail Eulers" :lol: :lol: :lol: -that one is going down in the trading vocab list
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Derek27
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Glad to hear you've done better. The markets were less liquid and more volatile than usual.

Randwick and Flemington are racing Wednesday but I have to travel to a funeral this week. It would be a bit disrespectful trading all night and then turning up to the funeral without any sleep so I'll be missing a couple of days.

Good luck on Wednesday. :)
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mcgoo
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Derek27 wrote:
Sun Apr 22, 2018 3:16 am
Glad to hear you've done better. The markets were less liquid and more volatile than usual.

Randwick and Flemington are racing Wednesday but I have to travel to a funeral this week. It would be a bit disrespectful trading all night and then turning up to the funeral without any sleep so I'll be missing a couple of days.

Good luck on Wednesday. :)
Ta mate.Sorry to hear about the funeral.All the best
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Cards37
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Location: Canberra, Australia

mcgoo wrote:
Sun Apr 22, 2018 2:38 am

PS: "Hail Eulers" :lol: :lol: :lol: -that one is going down in the trading vocab list
I was hoping someone would like this :D
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Derek27
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Australian St. Ledger on Wednesday at Flemington, $200K.

Does anyone know what a GROUP LR race is :?:

https://www.racenet.com.au/racing-form- ... ger-race-6
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Cards37
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Derek - I think its "Listed Race" - kinda Group 4, as per:

https://www.horseracinginfo.com.au/aust ... -races.php
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Naffman
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Public holiday Wednesday - 8 non TC meetings (flat)
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Cards37
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Location: Canberra, Australia

Yes its ANAZC Day, the one day of the year two-up is legal. Much punting will be going on.
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Derek27
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Cards37 wrote:
Mon Apr 23, 2018 3:36 am
Derek - I think its "Listed Race" - kinda Group 4, as per:

https://www.horseracinginfo.com.au/aust ... -races.php
Thanks Cards37. I think it will be a bit risky going to bed on Wednesday in case I don't get up in time for the funeral so I'll probably trade Flemington and Randwick after all. :)
newaustralian
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Just read this post
Australian Racing,
The way to make money on Aust Racing is to lay not back.
A good lay strategy will show a hansom profit consistently.
Agree Backing or trading on Aust Racing is for losers.
RegL

I agree with RegL laying in the aust market is a goer. Using the facts, good horse win, good jockeys win, the SP is usually a good guide to the chance of a horse winning, barrier is a factor sometimes and luck plays a part laying with a tight money managment plan appears to be working for me. I attempt to make 1.17% per day on my betting capital each and every day. This I have acheived by LAYING only and aiming for small amount each bet. I have failed in the uk but have broken even in USA. I only lay on good laying races say 1 out of 5 races. Rather boring BUT lovely counting the money.
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Derek27
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RegL wrote:
Mon Aug 19, 2013 4:46 pm
Australian Racing,
The way to make money on Aust Racing is to lay not back.
A good lay strategy will show a hansom profit consistently.
Agree Backing or trading on Aust Racing is for losers.
RegL
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Derek27
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Joined: Wed Aug 30, 2017 11:44 am
Location: UK

newaustralian wrote:
Tue Apr 24, 2018 2:18 am
I agree with RegL laying in the aust market is a goer. Using the facts, good horse win, good jockeys win, the SP is usually a good guide to the chance of a horse winning, barrier is a factor sometimes and luck plays a part laying with a tight money managment plan appears to be working for me. I attempt to make 1.17% per day on my betting capital each and every day. This I have acheived by LAYING only and aiming for small amount each bet. I have failed in the uk but have broken even in USA. I only lay on good laying races say 1 out of 5 races. Rather boring BUT lovely counting the money.
That post is over four years old and the poster hasn't posted since - perhaps he's lost all his money laying. :lol:

People who make statements like that have usually found what works for them and don't understand that everybody has their own skills, strategies - in essence, one man's meat is another man's poison.

I can say categorically that back/lay trading Australian markets with good liquidity is very profitable. I have a near 95% success rate that I could never achieve with UK racing.
Last edited by Derek27 on Tue Apr 24, 2018 5:41 am, edited 1 time in total.
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