BEST of the BETS

A site you might find helpfull.

https://www.winningwarlock.com

Thanks, Brian. I will take a look at it. Sory hit the required priced in running, but I still have a lot to learn about what kind of price you should aim for.

2:10 - Wee Tiger Tots backed @ 22.0, aiming for 50% profit in running.

i'm not what you might call a seasoned trader, but when i started i went for 25%
reduction. even now i'm not near 50%
this arb calc may be useful.

http://www.chromaweb.com/bets/calculator/

Thanks, Brian, that’s very helpful. Not looking good for my selection in this race as price has gone to 42.0, good thing I am only playing around with small stakes.

Unless you are at the track, you do realise that there are major players who'll try to suck you in, picture delays have been discussed on here in other interesting articles.

That was a hopeless selection, maybe not a good idea to be playing with big priced runners in non handicaps.

Yes, Micky, I realise that but I think this is different. I am not making the decision to back or lay in running, so delayed pictures don’t affect what I am doing. I am setting up the trade before the race starts, what led me to do this is that a lot of my horses were running well without winning so I thought it might be a idea to set the trade to ensure I make a profit if my runners hit a shorter price in running.

Tried Manwell in 2:40 race, backed at 3.5, aiming for 40% this time so need it to hit 2.5 in running.

Good luck AKD, I see your method. Just careful to not wipe all your profits out in a hit. We had, over 30 years ago a horse laid out, contact at stable labelled it as "today". Trainer was in on it too, if that's a clue... 33/1 all prices down to 5/2 board, and this is before technology, so we are talking about bookies who took bets. I can't reveal more, other than to say said trainer was paid off enough to set up in another country and we were taken to the cleaners. He still has protection.

Very interesting. Thanks, Micky.

Another thing with these horses I am selecting today, is that I would have been backing them if I wasn’t doing this experiment. I am just trying to see what works better.

That one went much better, could have easily aimed for a bigger profit but happy with that.

Last one for today, Late Date backed @ 8.2 in 3:40 race, aiming for about 33% profit so it needs to hit 6.2.

Matched almost before the start, and soon after the start. If every trade could go as well as this.

Unplaced. So this trading experiment went well compared to backing them, for today at least. 3 successful trades out of 4 for about half point profit on day. If I had backed them, I would have made a loss of 2 points as I would have only collected on first one that placed at 16/1. I need to work on how much profit to aim, might try again tomorrow.