Today's Horse Racing

[melonhead]

Nice move on Harry Angel there in 16:55, hope some of you guys got onto that one. Needless to say i got chewed up and spat out, luckily on minimum stakes. Good fun for a few pence!

[Dallas]

Nice move on Harry Angel there in 16:55, hope some of you guys got onto that one. Needless to say i got chewed up and spat out, luckily on minimum stakes. Good fun for a few pence!

Your turn for the racing gods to smile on

[Euler]

I'd done a good job on that only to see it vanish. Been that sort of a day for me today.

[melonhead]

My first lesson in pre-race trading - stay out of the middle of the trading range when all you have is 2 quid and no idea what is happening

[megarain]

You don't tend to see heavily backed horses winning on the exchange so I wonder if it's an on-course thing.

Over the yr .. I would like to bet, we lose on bets that have a value of 500 gbp and over.

At Ascot, I heard one big bookie went with a float of 250k, and finished up, losing 1m, in cash (won on exchange).

[SeaHorseRacing]

My first lesson in pre-race trading - stay out of the middle of the trading range when all you have is 2 quid and no idea what is happening

Use the other runners in a market to help you. Find out which runners need monitoring along with your current position. So many get caught up about just trading the traded ranges. Me too, We can gather a rough idea what will happen just from the trading range but you have to monitor the whole market, Your hit big loses otherwise. Hope a little advice inspires you to improve.

I am by no means an expert yet but I am profitable at it and learned the hard way.

[melonhead]

My first lesson in pre-race trading - stay out of the middle of the trading range when all you have is 2 quid and no idea what is happening

Use the other runners in a market to help you. Find out which runners need monitoring along with your current position. So many get caught up about just trading the traded ranges. Me too, We can gather a rough idea what will happen just from the trading range but you have to monitor the whole market, Your hit big loses otherwise. Hope a little advice inspires you to improve.

I am by no means an expert yet but I am profitable at it and learned the hard way.

Thanks for the advice, very much appreciated! Still very inexperienced but hope with a few months of screen time on minimum stakes I can start to get a feel for the market. I'm a big believer in learning from other peoples mistakes though, so any pearls of wisdom are welcome!

[jimibt]

My first lesson in pre-race trading - stay out of the middle of the trading range when all you have is 2 quid and no idea what is happening

Use the other runners in a market to help you. Find out which runners need monitoring along with your current position. So many get caught up about just trading the traded ranges. Me too, We can gather a rough idea what will happen just from the trading range but you have to monitor the whole market, Your hit big loses otherwise. Hope a little advice inspires you to improve.

I am by no means an expert yet but I am profitable at it and learned the hard way.

Thanks for the advice, very much appreciated! Still very inexperienced but hope with a few months of screen time on minimum stakes I can start to get a feel for the market. I'm a big believer in learning from other peoples mistakes though, so any pearls of wisdom are welcome!

i totally go with what sea.. etc (sorry SeaHorseRacing, too much to rmbr ) says. in fact, the market is like a flexed piston (or set of gravity based water tubes). when one price goes up, one or more go down (and vice a versa). This keeps the market in check (in an imaginery book%) and therefore, if you keep tabs on that flow, you can pitch in at least 50-60% on the correct direction. That said, it's knowing entry and stake that will determine the otherwise success or failure on this observed state...

[melonhead]

i totally go with what sea.. etc (sorry SeaHorseRacing, too much to rmbr ) says. in fact, the market is like a flexed piston (or set of gravity based water tubes). when one price goes up, one or more go down (and vice a versa). This keeps the market in check (in an imaginery book%) and therefore, if you keep tabs on that flow, you can pitch in at least 50-60% on the correct direction. That said, it's knowing entry and stake that will determine the otherwise success or failure on this observed state...

That's a good analogy - was trading far too much today tbh, was like being thrown around in a washing machine when lobbing in trades that I hadn't really thought through, nor did I have a great deal of confidence in them. Oh well, lesson learned! Raring to go again now

[Euler]

1.01 done on Mollies Gent - Perth

[Dallas]

Just missed this

[RentonT]

Was mad! One bet took it from 3.0 into 2.0

[stueytrader]

Slightly late, sorry, but did anyone see the betting last night on Gemina (7.00 Sandown)

I don't have the chart but some crazy huge lumps were getting placed, went from above 4.0 I think to below 2.8 with huge price steps missed out (and won too!). If anyone has the chart would be interesting.

[gutuami]

gal 13:50
rare situations with 5 under 2

[PeterLe]

That is rare!