Tag: steamer

Automated trading on Betfair – Profiting from a steamer

When a horse starts getting backed, people will often pile into the gamble and the price will steam in. You can benefit from this, using Bet Angel’s automation tools…

One of the best trades to pick up on in a horse racing market is a jolly good ‘steamer’. That is horse racing parlance for a horse who keeps on getting backed and backed, the opposite to a ‘drifter’. There can be any number of reasons for this to happen …

22/02/2015 | By Peter Webb | Reply More

Gamble landed

Not often you will hear me saying that, but when a Barney Curley horse is out and being gambled, you just have to sit up and take notice. Rather than an outright gamble though, it always worth having a go on the trading front. It can be a bit volatile, but it’s often quite clear where the money is going on a Curley horse. Yesterday we saw several horses traded at decent volume from big to much smaller prices. “Agapanthus” …

11/05/2010 | By Peter Webb More

Being contrary

Have a look at the following chart from the 14:15 at Lingfield on Saturday. This is a very big steamer. Of course in hindsight you would say, ‘If I backed it at X and laid it at Y I would have made £Z’. Most people would look at this chart and back it high and lay it low. After all backing at 3 and laying at 2 would net you a 100% profit on your stake and fully greened up …

03/02/2009 | By Peter Webb More