From a trading perspective I like multi day high quality meetings. They usually throw up some good opportunities and are a welcome addition to the month.<\/p>\n
Goodwood<\/strong><\/p>\n As you may know, these higher quality meetings produce extra volume and that can change the characteristics significantly. But don\u2019t let Goodwood fool you into thinking it\u2019s the same as a Royal Ascot or Cheltenham, it behaves very differently. Goodwood benefits from decent volume but it\u2019s not as much as some major meetings. Therefore it can be a little tricky at times to get exactly right.<\/p>\n Goodwood is much better than the normal day to day fodder you are used to, though; but not quite on the same scale as other major meetings. Last year, at post time, it turned over around 40% on average of a typical Ascot race. So by all means, welcome a decent festival in the summer, but just have realistic expectations. You would guess it will turnover \u00a330-40m over the week.<\/p>\n Average volume per race at Goodwood has generally been around \u00a31m historically. It dipped a bit last year and the biggest race did \u00a32m and the smallest just \u00a3240k. That about sums up Glorious Goodwood.<\/p>\n I’ve sometimes had mixed results at Goodwood, so Tuesday is my day for \u2018feeling\u2019 the market and testing its boundaries. Day one has a pretty mixed up card, a bit of everything in there. So it should be an interesting base to work form on day one. There will be a variety of markets in the mix so half decent stakes and care will be my hallmarks for the day. I’ll update you on my progress Via social media.<\/p>\n Biggest markets I have ever seen at Goodwood were when Frankel was there. In 2011 when he went off at 1.67 the race turned-over\u00a0\u00a34m. A year later he was just 1.07 to win and the market topped \u00a34.6m. We are unlikely to see that this year. But that’s a good thing, we don’t\u00a0particularly want such short prices in the market.<\/p>\n Overall, I’m pretty confident Goodwood will produce the goods this week. You just need to adapt to the differing markets.<\/p>\n Galway<\/strong><\/p>\n Don’t forget you also have Galway this week as well, so there is plenty to keep us occupied. Galway has traditionally turned over about \u00a320m during its festival.<\/p>\n The Galway festival runs for the entire week and is basically a giant p*ss up. There is some racing that goes on as well I believe.<\/p>\n Irish racing tends to be a little quieter on the turnover front and a good festival turnovers what you would expect for a normal race in the UK. The interesting thing, as I have pointed out on the blog, is that Betdaq performs well on Irish racing and will perform well at Galway.<\/p>\n The biggest race last year at Galway produced \u00a3730k, the smallest a paltry \u00a3103k!<\/p>\n A combination of both meetings should produce some quality opportunities. If you are off on your hols soon, This week presents a decent range of opportunities to get stuck into before you head off!<\/p>\n