May Bank holiday racing

04/05/2015 | By | Reply More

So that’s the Guineas parked for another year. I did OK, but didn’t get as much as I would have liked from the feature races, I just can’t get my orders filled quickly enough. But it was a satisfactory result. Over the two days I produced remarkably similar results. So 10/10 for consistency but maybe a bit less for the overall results.

02-05-2015 - 200 Guineas day P&L - Copy04-05-2015 - P&L Day - Copy

Another public holidays means a whole bundle of racing on the card, often too much. If you have a lot of races they can often clash and this upsets the flow of the markets.

But the first May bank holiday isn’t too bad. This is because it is made up generally of flat races and they can flow quite nicely into one another and become quite tradable.

Today we have 494 runners declared over 50 races. If you merge both Irish and UK racing we end up with 17 clashes, which isn’t great. But if you remove the, lower liquidity, Irish racing. We end up with the situation where there are likely to be few clashes. So if you cross your fingers today and focus on the UK it is likely there will only be 2 races bumping into each other. However that reduces the number of runners to 327 over 36 races.

That’s still a decent number and likely to produce a few results. It should be a day that doesn’t produce anything special, but it will produce something. It won’t be a Guineas but it will be a lot better than other days you will encounter.

Good luck if you are having a go!

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Category: Horse Racing, Trading strategies

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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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