02/02/2011 | By More

You have to feel sorry for money chasers sometimes. On Sunday we saw one of those ‘classic’ horse racing moments when a horse, that traded at 1.09 before the off, fell at the first hurdle at Fakenham.

That said, I don’t feel that sorry for money chasers as when I see something at short odds I instinctively try to oppose it. Low downside and high upside is just too tempting to resist. Therefore I will always look for an opportunity for those odds to be turned over. In this case there was a simple strategy to oppose something this short in a jumps race. I do feel sorry for connections though. It must be gutting to go through all the hassle to get a horse to a track only to see it do that.

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Category: Horse Racing, Trading strategies

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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