My first day trading Ascot this year and got off to a decent start, apart from that one small loss mid afternoon
Roll on tomorrow
Royal Ascot - 2023
jamesedwards wrote: ↑Wed Jun 21, 2023 6:28 pmNice closing race for the day.
Anyone got any market volume YoYs for the first two days?
Here's the recent years, and Peter will probably post this years figures shortly
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beermonsterman
- Posts: 538
- Joined: Sun Dec 25, 2016 2:47 pm
Had a go trading ascot today for the first time and caught the swing on L Dettori in the 6th race and let pre race profit run as a free bet happy i've made a start on ascot i didnt think swings existed in ascot but i do now 
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beermonsterman
- Posts: 538
- Joined: Sun Dec 25, 2016 2:47 pm
Can tell i got a bit to learn RA i should saybeermonsterman wrote: ↑Wed Jun 21, 2023 7:05 pmHad a go trading ascot today for the first time and caught the swing on L Dettori in the 6th race and let pre race profit run as a free bet happy i've made a start on ascot i didnt think swings existed in ascot but i do now
Just totted up the numbers for Royal Ascot. Today was -21% on last year, but... the favourites were a lot shorter last year so that's had an impact. Just a question of how much. Betdaq fell a similar number. -18% on the week so far.jamesedwards wrote: ↑Wed Jun 21, 2023 6:28 pmNice closing race for the day.
Anyone got any market volume YoYs for the first two days?
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sionascaig
- Posts: 1619
- Joined: Fri Nov 20, 2015 9:38 am
Recent inflation will really distort figures you would think?
Day 2 business was much quieter in our area, taking maybe £9k, thou managed to keep £3500 of it.
Bookie next us who won £30k day 1, lost £4k day 2.
Debit cards now becoming much more of a thing for big bets.
Having watched the crowd’s engagement with royalty in
previous years, it’s clear the King has a v hard act to follow after such an involved Queen who loved the sport.
The cheers / hip hips etc as the king goes past are a whimper. I wouldn’t be surprised to see Royal Ascot
change quite a bit - thou it’s clear nobility/corporate still see
it as a fantastic event.
Bookie next us who won £30k day 1, lost £4k day 2.
Debit cards now becoming much more of a thing for big bets.
Having watched the crowd’s engagement with royalty in
previous years, it’s clear the King has a v hard act to follow after such an involved Queen who loved the sport.
The cheers / hip hips etc as the king goes past are a whimper. I wouldn’t be surprised to see Royal Ascot
change quite a bit - thou it’s clear nobility/corporate still see
it as a fantastic event.
No worries.
The politics of a bookmaking ring, which is supposed to be a free market, but cannot be as outside elements cause disruption I find v interesting.
People say the over-rounds are high (they can be), but certain areas only bet to 1% margin or less. To recover £8k week expenses at that margin, you just physically cannot take / pay out the number of bets required, unless you have some really big hitters playing.
I feel the investment is marginal. If you have good/great staff working the pitch it’s possible, but it’s v tough to get great engaged staff, for relatively low wages.
The politics of a bookmaking ring, which is supposed to be a free market, but cannot be as outside elements cause disruption I find v interesting.
People say the over-rounds are high (they can be), but certain areas only bet to 1% margin or less. To recover £8k week expenses at that margin, you just physically cannot take / pay out the number of bets required, unless you have some really big hitters playing.
I feel the investment is marginal. If you have good/great staff working the pitch it’s possible, but it’s v tough to get great engaged staff, for relatively low wages.
Last edited by megarain on Thu Jun 22, 2023 10:25 am, edited 1 time in total.
