Australian racing

[Lutruwita]

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.

I look forward to you telling us how much money you've made in 5 years time. I'm not sure what it is, but something tells me it won't be much.. Come on mate, think it through.

[Cards37]

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.

That is seriously impressive! I'm still stuck in small win small win small win big loss mode

[Derek27]

Actually that was a bit of an (unintentional) exaggeration. It's 92.7% Randwick, 88.7% Rosehill, 86.2% Caulfield, 81.1% Flemington.

At the bottom of my list is Kyneton 9.9%, Sunshine Coast 26.4%, Murrey Bridge 31.1%.

[Derek27]

I should add to that 45.4% Bendigo, but I think that might improve today if the first race is anything to go by - it looks more like Flemington.

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[Cards37]

In other words the larger the meeting the better you are doing?

[Derek27]

Yes, it's mainly the stability the more liquid markets offer.

[Derek27]

Pretty good day at Bendigo. Flemington next stop.

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[Naffman]

Launceston tonight too

[Derek27]

I gotta feeling that tonight's gonna be a good night
That tonight's gonna be a good night
That tonight's gonna be a good, good night.....


Randwick's easy swinging for small stakes, Flemington's scalping well, if the first races are anything to go by.

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[Cards37]

Yes decent start!

[Cards37]

Delay at Gawler and there is a lovely gap in the market on the favourite just sitting here putting liquidity on both sides

[Naffman]

He lost a crap load at Ascot (evs) then loaded up in the next at Gawler (Attached) which also lost

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[Naffman]

Streaming also f@cked me in last few seconds at Moe (luckily only small liability that I could hedge in play), will leave it off I think

[Cards37]

Who did that?

[Naffman]

A very big boy