In the first 7 months of the year there's been 502 (8%) fewer races than in the corresponding period last year (approx 5700 vs 6200) Presumably a response to the general feeling that fewer but better is preferable to lots of low quality? That seems reasonable otherwise the venerable sport of Kings ends up like the dogs, 00s of pointless races everyday that only exist for gambling.
Today's Horse Racing
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ShaunWhite
- Posts: 10419
- Joined: Sat Sep 03, 2016 3:42 am
Transition from Flat to Non-Flat Trading: Seeking Guidance 
Given the current absence of Flat racing before the Ebor, I thought it would be an opportune moment to reach out.
Over the past 1.5 years, I've invested considerably in pre-off horse trading, with a particular emphasis on Flat racing. The strategy I use predominantly revolves around backing runners close to the post. Despite the challenges faced during the last 2 months, the equity curve remains steady. Adhering to a rigorous routine, which includes performing a specific action at a set time with precise conditions in place for 6-8 hours, has been mentally taxing. Although the rewards haven't been commensurate to that of a financial trader, I'm still here, persisting, and passionate (for now).
Initially, my goal was to cement this strategy before branching out. However, with the impending transition from Flat to Non-Flat racing, I'm concerned about the sustainability of the foundation I've built.
To the experienced traders here:
- What distinguishes market liquidity or dynamics between Flat and Non-Flat races?
- Can a strategy tailored for Flat racing still hold its ground in Non-Flat contexts, especially regarding late entries?
- How does money flows differ from 10 mins out to Off?
The idea of potentially shelving a strategy, on which I've spent innumerable hours, is daunting, especially when I was looking forward to scaling it. I understand that adaptability is key in trading, but this transition feels like a monumental shift, and I can't help but think about the sunk cost fallacy.
Insights from those acquainted with such market transitions would be greatly appreciated. Do you have any experiences or advice to share?
Warm regards,
Adam
Given the current absence of Flat racing before the Ebor, I thought it would be an opportune moment to reach out.
Over the past 1.5 years, I've invested considerably in pre-off horse trading, with a particular emphasis on Flat racing. The strategy I use predominantly revolves around backing runners close to the post. Despite the challenges faced during the last 2 months, the equity curve remains steady. Adhering to a rigorous routine, which includes performing a specific action at a set time with precise conditions in place for 6-8 hours, has been mentally taxing. Although the rewards haven't been commensurate to that of a financial trader, I'm still here, persisting, and passionate (for now).
Initially, my goal was to cement this strategy before branching out. However, with the impending transition from Flat to Non-Flat racing, I'm concerned about the sustainability of the foundation I've built.
To the experienced traders here:
- What distinguishes market liquidity or dynamics between Flat and Non-Flat races?
- Can a strategy tailored for Flat racing still hold its ground in Non-Flat contexts, especially regarding late entries?
- How does money flows differ from 10 mins out to Off?
The idea of potentially shelving a strategy, on which I've spent innumerable hours, is daunting, especially when I was looking forward to scaling it. I understand that adaptability is key in trading, but this transition feels like a monumental shift, and I can't help but think about the sunk cost fallacy.
Insights from those acquainted with such market transitions would be greatly appreciated. Do you have any experiences or advice to share?
Warm regards,
Adam
Well that was wild for the first race of the day. Stepney Causeway wins after a bad start nearly refusing to race.
I should've made more on that, I kinda fked it up.
I should've made more on that, I kinda fked it up.
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That's interesting. I thought there was a little less than usual in that period. Also that field sizes were on average slightly down. I havn't looked at stats but I would have sworn that in the first 3 months of the flat season there seemed to be fewer 2yo maidens than in previous years.ShaunWhite wrote: ↑Tue Aug 22, 2023 11:56 amIn the first 7 months of the year there's been 502 (8%) fewer races than in the corresponding period last year (approx 5700 vs 6200) Presumably a response to the general feeling that fewer but better is preferable to lots of low quality? That seems reasonable otherwise the venerable sport of Kings ends up like the dogs, 00s of pointless races everyday that only exist for gambling.
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ShaunWhite
- Posts: 10419
- Joined: Sat Sep 03, 2016 3:42 am
I haven't queried days of the week, runners or race types. For some reason there's always something more interesting to doANGELS15 wrote: ↑Tue Aug 22, 2023 5:44 pmThat's interesting. I thought there was a little less than usual in that period. Also that field sizes were on average slightly down. I havn't looked at stats but I would have sworn that in the first 3 months of the flat season there seemed to be fewer 2yo maidens than in previous years.
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jamesedwards
- Posts: 4012
- Joined: Wed Nov 21, 2018 6:16 pm
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ShaunWhite
- Posts: 10419
- Joined: Sat Sep 03, 2016 3:42 am
Well that explains it, I was wondering what happened here.
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Michael5482
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Short trip to York today and tomorrow for the first couple of days of The Ebor. Had a good night at Thirsk on Friday so the cash I won that our lass thinks we won ( 
) that's sitting in the draw will probably go back into the bookmakers pockets and behind the bar.
I do like the look of Rob Johnson in the 16.10 stayers handicap. Was left stood standing at the start at Goodwood the other week and travelled from last to finish a strong 2nd, another furlong or so and it would of swept the leader up no bother. Connor Beasley back on board. My NAP of the day!
) that's sitting in the draw will probably go back into the bookmakers pockets and behind the bar. I do like the look of Rob Johnson in the 16.10 stayers handicap. Was left stood standing at the start at Goodwood the other week and travelled from last to finish a strong 2nd, another furlong or so and it would of swept the leader up no bother. Connor Beasley back on board. My NAP of the day!
Thanks I was wondering if there was some official reason as there's been a few flat free days.
Peter will be able to put an exact number on it, but off the top of my head it I think it would be closer to the £1.5m
Personally for me its my least fav of all the festivals (mainly because extra large fields are not my type of races really)
You should get decent money on the feature races. But the feature today is pretty poor. £500k on offer in prize money but only four runners!
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