Cheltenham Festival 2018

[ShaunWhite]

I'm confused....is Douvan running again today? Is that because it was entered for both and because it fell and is ok, they're going in the 2nd one.
If it had run further on Wednesday (although it was only 4 out) would it not be running today?
Excuse my ignorance of how things work.

[Derek27]

I'm confused....is Douvan running again today? Is that because it was entered for both and because it fell and is ok, they're going in the 2nd one.
If it had run further on Wednesday (although it was only 4 out) would it not be running today?
Excuse my ignorance of how things work.

They would have entered him in both to keep options open, but they would have to be completely bonkers to run such a good horse again, especially when he had such a long lay-off before today's Champion Chase.

Great shame that he fell when he was going so well - that would have made the finish interesting.

Edit: you may notice the back overround is 98%. Normally when a fancied runner isn't expected to run Betfair remove liability offset from the market and state that in the race-specific rules that you find on the website. They haven't done that for today's race.

[ShaunWhite]

Thanks, if it's withdrawn I guess there'll be a deduction?

[Derek27]

There will, it's currently 20% but that can be adjusted.

I remember laying the field in the 2009 Irish Champion Stakes for a good green book, before realising that if Sea The Stars doesn't run (wasn't certain due to softish ground), smaller reduction factor than price indicated, I would have been left with a massive red book!

I try an avoid trading races where it's uncertain, not only whether a horse will run but what reduction factor will be applied. But on occasions you can use it to your advantage if you're fairly certain what RF will be applied and how much the prices will change.

[Derek27]

Seems I'm the only man in the world trading Cheltenham at 3:10 in the morning. Frustratingly have my closing trades at the front of every queue but everybody else has gone to bed.

[Naffman]

Seems I'm the only man in the world trading Cheltenham at 3:10 in the morning. Frustratingly have my closing trades at the front of every queue but everybody else has gone to bed.

Yes I think you were

Lets hope Betdaq holds up a bit better today, will be keeping out late and just monitoring

[Dallas]

I never thought the day would come I start treading carefully with BD around 3pm-4pm like I often do with BF on a Saturday

[Naffman]

Glad Chapman slated the bookies, they need investigating firming Douvan just so they can get a bigger rule 4

[Derek27]

Don't know what price he was on Betfair but his RF remained unchanged at 20%.

[Naffman]

Behaved there

Bit sad how we are scared BD might go down any minute

[Dallas]

Good easy start to the day

[Derek27]

Who says Cheltenham markets don't move? Glenloe just dropped 5-6 ticks in a matter of seconds.

[dragontrades]

That was a textbook market. Steady moves and then late corrections

[iambic_pentameter]

Betdaq seemed quite choppy in the 1.45pm at Hexham.

Proceed with caution.

[Derek27]

Glencoe's been fun, the move just after Shattered Love went in was excessive.