Trading these low rated horses allows you to pretty much gtee a green , obviously this isnt nailed on and nothing is for sure but these , if they go wrong offer a very low liability so the pressure on your account is minimal, we will try this for 1 week and see how we get on...
Account Balance £500.00
Bet Nos 1 . York 14-10
Here i would LAY CHURCH MUSIC @ 3.0 for £250 and look to trade out @ 3.45 for £210 as shown below...
As you can see once this trade has been made you will G'tee a profit of at least £13+.
Now you might scream but what if it leads from the off and never gets caught and the price doesnt get higher!!?? , good point, this does sometimes happen but it is unlikely in a race of this nature , however you could using , say fairbot leave an in running back bet in at say 2.5 for £250 to minimise any potential losses , but this is counter productive imo ( easy for me to say as im here all day watching and trading ad hoc ! ).
You also ask for a smaller return better Gtee of a match , say 3.25....
This would Gtee you £6.25 or £25 , still a very modest 1.1% return or 5% if the Fav loses...thinik of this in an accumulative fashion , if you walked into a bank with £500 and they said we will give you compounding interest at the rate of 1% per day you would and should rip there hands off right? , yeah of course , thats pretty much all we are trying to do here.
So to summarise , You can go High risk ( 3.45 ) or Low risk ( 3.25 ) with no further trades , these are the plays for Bet Nos 1.
RESULT - 1st - Hit 7.8 in running albeit for only £7 , but traded for any amount you wanted upto 5.0, this won very easily...Nice Horse.OUTCOME - Hit profit trigger for both High and Low risk.
Profit on this is ( HR ) £13-68 and ( LR ) £6.25
Bet Nos 2 . York 15-50
This is a BTL ( Back to Lay )
This means you Back a horse at one price knowing what its normal running style is and look to trade off in the run , so i have nailed the following Trade on Articality...
Backing it for £110 @ 3.85 and Trading off in running at 3.25 , if it runs its usual race and is up with the pace as normal this will def get matched....if it runs a stinker you lose £110 , thats the risk im afraid , if i was watching this live ( which i will be ) i would look to trade out at around 5.0 if it was paddling ( thats what i do with my managed funds for members )...
This should Gtee a profit of either £9.28 or £23.80...( High Risk ) or You could go Low risk and set the trigger for 3.65 which would return you £7 or £9....your choice on how you want to manage this ( for the sake of the experiment all bets will be high risk but both results will be given ).
**Additional Notes , as you can see from the Pic im about to post , arcticality has been backed into a low of 2.48 this morning....2point fucking 8...who would do that, its crazy , its early price of 5.5 would have been incred ( even i missed that )....But all of these have shown huge swings from this morning.
RESULT - Articality drifted out to 6.2 pre race!!!..crazy scenes, obv something was a miss or it looked a dog in the ring??!! , whatever the reasons it still hit 2.84 in running, however between 2.84 - 3.8 it was only matched for a combined total of a few hundred.
This then ran like its drift and was unplaced , i would have def done a reverse trade, cover trade win lay here to come out on top , that however wouldnt help you if your laying blind, but that is always the risk when trading blindly,Again the low risk trade got easily matched £50k matched , but the Higher risk trade would have been hit and miss i think , but as it reached 2.84 i am reasonably confident it would have been ok, but you cant say for sure , i would hazard a guess that a small loss would have been on the high trade and an easy profit for the low trade.
Summary - £50 LOSS for the purpose of this experiment.
Bet Nos 3. Sandown 14-20
BTL on EL DIAMANTE . Back this for £150 @ 7.6 and set trigger for a lay @ 5.5 for £200 giving you a potential High risk profit of either £50 or £85.68 ( Low risk option is set trigger for 6.4 and make either £30 or £18 ).
Result - El Diamente was unplaced , Hit a low of 3.4 in running , but between 3.4 - 5.6 only £97 was matched ( not sure on full liquidity ) , however on the low risk side ( 6.4 ) over £28k was matched so no problem there , i would say roughly High risk would have had a loss of around £70 ( without bet being struck, its slightly guessy as no show for liquidity ) , but Low risk was very easily matched. £18 Profit from that, so on the cautious side i would say roughly a £50 loss on this one , but you may well have come out on top if bet was live...but for the purpose of this we need a cast iron result , so a £50 LOSS it is.
Todays Potential Profits are ( HR ) £147-55 if all goes to plan...
The key to a lot of these is getting the early early prices..pre 9am....obv im too busy with my members to be doing this that early...;-@
ReplyDeleteThanks for the detailed post. Greatly appreciated.
ReplyDeleteI will probably not work on those kind of sums just for now as I don't fully trust myself with the cut & thrust of inplay matching just yet. However, I will have a go and see how I fair.
I'm not a racing buff at all (I am aware that I will need to sharpen up on this) and I have only just discovered Bet Angel Basic....You mention Fairbot, does this have any advantages in use over BA? It appears I can download a free trial.
Fairbot imvho is the best , and simplest to use, however they all do pretty much the same with just a variation on the theme and layout...i wouldnt stress on that too much just now , for now what we need to do is get your mind working in a way that allows you to see properly , at the moment your in conflict with yourself thru lack of confidence and knowledge , both will come in time , treat the next week as a week at school , trade no sums, try and understand and feel free to ask questions...( baring in mind i probably wont be available for most of next week due to Royal Ascot )...but will try..
ReplyDeleteI think going back to school is an excellent idea.
ReplyDeleteFor the uninitiated, This kind of thing can turn your head to mush.
Probably best for me not to attempt this kind of thing at work initially as there are too many distractions. I'll stay tuned.
to be honest, given the fact that i did say we are only trying to make £50 a day, i would have just stuck with the trade @ 6.4 full stop on diamente and taken the easy money, there was no need for a high risk trade there...bit late to adjust now, but in all honesty that would have been the sensible play, i dont need to overstretch and look at £147 a day when we are only trying to achieve an accumulative total of £50 a day....wont change it now, but will readjust for future trades.
ReplyDeletei think for tmrw i am going to readjust the staking levels to a point where i am hitting the £50 profit only , couple of turn arounds today , pricewise , but still , ...it is very difficult trading blind as you miss out on so many clues during the day, including ground changes etc , but i will continue in the same vein...and have looked at the adjust staking for Articality and the price we wanted would have been matched within 30 mins of placing it , it didnt drift till about 5 mins before the off , a lot to take from today....will be clearer tmrw..
ReplyDeleteThanks MG, that sounds like a plan. Hopefully, i'll be able to follow a bit more closely tomorrow.
ReplyDeleteBTW, given the relatively small amounts I am trying to generate, is there anything to be gained by making use of a certain 'feature race 4/1' moneyback offer through a well-known online book?
No , in a word , dont be drawn in by ANY online or other media sourced " specials " they very rarely are special and are quite often laden with bookie friendly niggles , the likes of paddy power and bet 365 quite often have best price matched etc etc...only ever any good if your having a yankee or summit similar and not trading..
ReplyDeleteAway from trading altogether, if you have say £250 spare..then why not just Follow the LOTD ( lay of the day ) and Lay that , that can quite often be very lucrative for the part time punter...if you want i could just give you 1 a day to lay right upto the max of your given bank....and thats easy to manage,...