14:30 Newmarket - In running madeness!!

[JollyGreen]

I am not trading this afternoon after a visit to the consultant but I am watching the racing and simply had to share this with you.

I am sorry but this is totally ludicrous! Montiridge was backed into 1.37 and he NEVER got his head level with the leader's backside let alone get in front! Now I appreciate you can make mistakes in running and back a horse that looks to be travelling well. However, Hughes rides like that, it is his style and you could see very quickly he was not getting to the leader unless that horse fell in a hole!

Who is throwing this money away?

Montiridge.jpg

[rogerlisa]

Jollygreen

We have never spoke before but yes I saw that. In fact on several occasions I see the sure fire favourite (i.e trading below 1.5) and then a big gap to the second favorite. This says to me the others havent got a chance but then I see the favourite thrashed. Even to me an absolute novice I do wonder how they get so low and what money must have been wasted. Tempting to put a big 'lay' on? but if I did you can bet what would happen.

Roger

[PeterLe]

If you scroll back to the Todays racing thread, Sunday 8th Sept, every other race had one or more below 2's. I dont know if it reoccured over the last couple of weeks as I've been away, but I'll be watching over the next week!

[BJGardner]

nearly 10K gubbed at 1.01 in first at Nottingham.

Jockey Error?

[JollyGreen]

I'm having a bit of a bad day so I have not seen any of the racing today. You have to ask who is crazy enough to put so much money down at 1.01? If you're laying then okay I can see the logic but if you're backing and get a 1.01 wrong you need to get another 100 correct to get back into the black.

As an example I knew someone who claimed to be a "big hitter" in the in running markets. I watched this guy and could tell he was a chancer with too much money. In 3 days and 4 bets on horses around the 1.14 mark he managed to lose £84,000!!! He doesn't play in running any more which is a good move on his part!!

[BJGardner]

You have to ask who is crazy enough to put so much money down at 1.01

I assume its people on track, hoping to profit from the delay in broadcast, who are putting on a huge wad to back at 1.01 when a horse has "won" to sweep up all the lay orders left on betfair at 1.01 and higher.

I suppose they make money as some usually gets matched at higher prices. Anyone else know how any of these moneybuyers work?

[EyePeaSea]

I assume its people on track, hoping to profit from the delay in broadcast, who are putting on a huge wad to back at 1.01 when a horse has "won"

How much of a delay is there? And to make it worthwhile, they'd have to be laying multiple £ks? Can you imagine the look on their face when the phrase 'Stewards enquiry' comes over the tannoy...

Ian

[andyfuller]

if you're backing and get a 1.01 wrong you need to get another 100 correct to get back into the black.

If betting at those prices alone you would have a very high strike rate and as such are likely to be in the PC bracket as well so that should be thought about as well.

[LinusP]

They have very large banks as you can regularly see 100k+ flashing at 1.02 to trick the WOM bots.

[BJGardner]

£4 matched at 1000 on eventual winner in first at windsor

[EyePeaSea]

£4 matched at 1000 on eventual winner in first at windsor

I lost £60 on that damn horse

Ok, ok, not as bad as £4k, but it still annoyed me. Very odd behaviour and it does cause me a problem as my systems generally try to predict how people behave (people's betting on horses seems to be more predictable than horses themselves, IYSWIM). Maybe it's just too unpredictable. <sigh>

Ian