Today's Horse Racing

The sport of kings.
Post Reply
bimbi
Posts: 97
Joined: Sun Nov 27, 2016 12:13 pm

Great idea Bluesky.Appreciate,thanks very much.
bimbi
Posts: 97
Joined: Sun Nov 27, 2016 12:13 pm

On another hand ,potentially ,every stable can say"You know what ,we are not winning today".And then big chunk of money to lose.Now what .Or Im wrong.
User avatar
Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

bimbi wrote:
Tue Oct 03, 2017 11:28 am
Sorry Derek27,but how am I gonna know ,when a horse will go one way .
You won't!

If we all knew which way a horse is going to go, we'd all be millionaires. You just have to use your judgement and make a percentage call and get out before your losses get heavy. There will be times when you cut your losses only to find that the price does a u-turn but that's the price you have to pay for not blowing your bank.

The best thing to do is use smaller stakes for low-grade volitile markets and this at least gives you more leeway to react to price volatility.
User avatar
Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Korattt wrote:
Tue Oct 03, 2017 11:05 am
Bluesky wrote:
Tue Oct 03, 2017 7:57 am
Derek27 wrote:
Mon Oct 02, 2017 10:23 pm
Conversely, a well bred two-year-old could be short in the morning but if it's not fully tuned-up for it's debut and there's no money from stable and connections it will continue to drift.
It might sound cynical, but when the above scenario occurs couldn't the stable and connections be a big chunk of the lay money on the exchanges, and thus causing the horse to drift like a barge.
depends on the day I suppose
Highly risky. I know it can and does happen but I don't believe it's commonplace. Betting against your own horse, even if it's small and insignificant, can result in losing your licence.

http://www.irishexaminer.com/sport/raci ... 22263.html
User avatar
ShaunWhite
Posts: 10552
Joined: Sat Sep 03, 2016 3:42 am

bimbi wrote:
Tue Oct 03, 2017 11:44 am
On another hand ,potentially ,every stable can say"You know what ,we are not winning today".And then big chunk of money to lose.Now what .Or Im wrong.
Despite what you think about the shady world of horse racing, the authorities do more than you imagine to identify unusual betting patterns. As Derek says, it's a big risk for a stable to do such things just to earn a few thousand pounds. It certain wouldn't be a regular thing, even for a small struggling stable. What you're describing is so well know, probably dating back to the 1700's, that it would be spotted very easily.

Without betting there wouldn't be horse racing so this an area that's scrutinised more than any other. Big drifts aren't really driven from the yard, it's more usually a rumour, true or otherwise, that ripples through the punters. Or the opposite, strong money for another runner, again often purely speculation which inevitably causes 'your' horse to drift.

Remember everyone is working from the same info so if that info points one way, you''ll have 10,000 tenners in betting shops up and down the country on a horse, and that's going to have an effect.
User avatar
Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Taking about horses going one way, I managed to get out quickly for a small loss.
Mr Globetrotter, 14:30 Sedgefield
LoadRunnerInfoChartAction.jpg
You do not have the required permissions to view the files attached to this post.
bimbi
Posts: 97
Joined: Sun Nov 27, 2016 12:13 pm

Thanks very much for the info guys ,appreciated greatly
User avatar
homeslice235
Posts: 22
Joined: Wed Jul 09, 2014 11:47 am

questions of faith/15.25 ayr is flying in :shock:
bimbi
Posts: 97
Joined: Sun Nov 27, 2016 12:13 pm

Sorry ,another question,Im still a newby by not losing strike rate.When are the worst days for trading .Is a race with only 20000 £ three minutes before off,worth watching at all?Seems to me that yesterday and today is not much liquidity.
User avatar
homeslice235
Posts: 22
Joined: Wed Jul 09, 2014 11:47 am

personally bimbi i skip those races.It only takes a small amount of money to make you in an instant loss.It has happened to me on plenty of occasions :roll:
User avatar
ShaunWhite
Posts: 10552
Joined: Sat Sep 03, 2016 3:42 am

bimbi wrote:
Tue Oct 03, 2017 3:24 pm
Sorry ,another question,Im still a newby by not losing strike rate.When are the worst days for trading .Is a race with only 20000 £ three minutes before off,worth watching at all?Seems to me that yesterday and today is not much liquidity.
250k on the market, 10% of it on the fav is a good rule of thumb.
Mon & Tues are traditionally weaker but with weakness comes momentum so you takes your pick really.
Trading96
Posts: 470
Joined: Thu Mar 16, 2017 4:47 pm

Frederic got a nice bit of backing there Sedgefield. I quite like Sedgefield.
User avatar
Euler
Posts: 26474
Joined: Wed Nov 10, 2010 1:39 pm

Very weak day in terms of volume. Difficult to pick what is a horse or greyhound race on occasions!
User avatar
ShaunWhite
Posts: 10552
Joined: Sat Sep 03, 2016 3:42 am

Stick To The Plan (16:20 Sthl)

50k @ 1.01

I just saw the jock sat on the ground near the line...I'll have to watch the reply
You do not have the required permissions to view the files attached to this post.
User avatar
Dallas
Posts: 23589
Joined: Sun Aug 09, 2015 10:57 pm

Not a single shorty for the rest of the day
Post Reply

Return to “Trading Horse racing”