Racing Trades, Preview Video & Evening Review: 4th April

If you want to see how to get the best out of my trades see HERE

I have money in the queues at all these prices. If ALL of my money is not matched the trade goes down as no trade. If it goes significantly lower, I will cancel the trade if the momentum goes against it.

Back Trades

3:20 Taunton: Alasi: 5/1 (11/2 in a place) 6 -stop loss  7.4. The market is gappy. There is money below this but may bounce back.

4:05 Lingfield: Star of Rohm 9/2 5.5 stop loss 6.8

All trades live

Preview Video:

 Evening Review:

A disapointing day for the racing trades. Our first runner was in the 3:20 Taunton. Alasi did not get matched at the price I adviced. When the live show started I cancelled the trade. It subsequently drifted back up past the advised price. I think if you did (against my advice) take a lower price there would have been plenty of opportunity to take a small profit. It didn’t go far past the 6 mark. Goes down as no trade.

The 2nd runner, Star of Rohm ran in the 4:05 Lingfield. It ended up as a drifter due to the strength of other runners. Once the drift stared it quickly ran into the stop loss for a £19 loss.

We are still well in front on the week, but been a shocking last couple of days. Like I say, these trades are a long term project. I am very confident of turning a healthy profit every month.

Review of preview: 

I always find in beneficial to go back over what I thought before I knew what would happen 🙂 This helps to hone your skills. If you got it very wrong, find out why. If you got it right, do it again. That’s a good way to improve i think.

Lets blast through and see what happened.

2:10 taunton. Bach on Tow – 8.6 into 5.1 – Won

2:20 Ling. Shirataki 4.6 into 3.85 -won – Gabrials Hope 8.8 into 6.4 – 2nd

3:55 Taunton: Benbane Head. There were many non runners taking the 11 down to 6.33 . It went down as low as 5 and finished 3rd.

4:05 Ling was the Star of Rohm trade. I mentioned in the video that Hard Walnut looked like it may threaten. Well it did. It came in from  6.4 into 4.6 and won. Gutting.

5:05 taunton. This is what I said. “Benedictus caught my eye, but it has had only £600 traded on it, so you can’t take it seriously”. Hmmmmm, Perhaps I should have. It was backed from 16 into 9.8 and went on to win.

5:15 Lingfield, Shalwa. 18 mins in on the video (yawn) I gave some comprehensive reasons about this and the reasons why I didn’t put it up as a lay. well it carried on drifting from 2.1 out to 3.25. It was unplaced.

5:20 Wolves. Ice Magic was a hugh drifter from 7.6 to 16.5. Manx Missile 3.9 to 5.5. Couldn’t have been more wrong about this race.

5:35 Taunton- Dragons Den came in a couple of ticks.

Not too bad overall. I think there are a couple of good explanations buried underneath all that waffle 🙂

 

 

Racing Trades / Preview Video & Evening Update 28th March

If you want to see how to get the best out of my trades see HERE

Back2Lays

2:20 Ffos Las: Pension Plan 15/2 for Arbs: 8.4 stop loss 10.

2:40 Wolverhampton: Mazij 4/1: 5.5 stop loss 6.8

3:50 Wolves: Storming 3/1: 4.2 stop loss 5.2

4:10 Ludlow: Ballywatt: 5/1 – 5.8 stop loss 7.2 – Moved down to 5 not matched. Bet cancelled – may bounce and momentum will be against us.

4:55 Wolves: Local Singer 6/1 6.8 stop loss 8.4 – Not matched: Moved to 6.4 stop loss now 8

 

Evening Review:

Well I was concerned about a poor days racing at my 2 least favourite tracks. It ended up one of the best days for the Racing trades.

First up was Pension Plan in the Ffos Las 2:20 A huge move from 8.4 right into 5.3 – It won too. A welcome profit of £55.56.
Next was Mazij at Wolves. This one only managed a couple of ticks right at the end., but a small profit is better than a loss!.

The 3:50 Wolves saw Storming come “storming in” :0 From 4.2 into 2.84 and another big pay day of £45.
The next Trade should have been Ballywatt in the 4:10 at Ludlow. Unfortunately I didn’t get matched on Betfair. Although I did on Betdaq. If you have watched the preview video, you will have seen me cancel the trade as I did not want to catch it on the bounce when the momentum was against me. It went in to 4.7.That’s the way things go. Like I say, I want my trades to be honest and fair. That’s more important than an extra few quid.
The final trade was Local Singer in the 4:55 at Wolves. I did not get matched at the advised 6.8, but I made a call based on the current market and moved my trade down to 6.4. You will see this in the video and the amended post. Apologies if you didn’t get matched.
This was another beauty and went from the 6.4 into 4.3 for another £46.

The daily total reached just over £150 and the total for the month just shy of £500. Not to bad for free!

Here’s a video from earlier. It’s a one horse market. Slow starter but got there in the end,

Racing Trades 21st March

If you want to see how to get the best out of my trades see HERE

Back2Lay

Chepstow 2:10 Oh Suzannah 5/1 for the Arbers otherwise 6.2 stop loss 7.8

Chepstow 4:55 Clear Mix 8/1 8.4 stop loss 10.5 – very tough market. I have some money in queue at 8.4. If I don’t get matched it will be a no bet

As tough a day as I have seen for a while. Uncompetitive races, small fields, lots of odds on chances. Very poor liquidity. I don’t put up bets for fun, they are serious opportunities to take profit. If I don’t see that I will not risk my bank just have have something to do. GL MG

UPDATE: 12:00pm Clear mix is now 7.0. I did not get ch, It goes down as no bet, I have cancelled my order, if the momentum changes we are in trouble anyway.

I have added a preview video of todays racing for those interested. I talk about how I approach each race.

Evening Review

Very poor racing today, we only had 1 bet as I said earlier in my 12:00pm update. Clear mix drifted badly and would have gone to the stop loss. Momentum is everything in these types of trades. If the price moved for us and then changes direction it rarely comes back.

Oh Suzannah looked promising for much of the morning, once the live shows came it was static before drifting a few ticks. It goes down as a loss of £6.We live to fight another day MG

Racing Trades 20th March – Evening review

If you want to see how to get the best out of my trades see HERE

Back2Lay

Warwick 4:05: Madame Allsorts: 8/1 for the arbers – 7.8 and a stop loss of 9.8

Haydock 5:20: Operatic heights 4/1 bookies. 5.0 and stop loss at 6.2

Poor day, only 2 cards and very few runners. This doesn’t suit this style of trading. I have money in the queues at these prices. It will go down as no bet if i am not matched. Gives everyone a fairer chance then. I don’t want to you to think you’re missing out !

Evening Review:

Nothing to exciting today, you may want to see the video I posted earlier where i previewed todays racing LINK. There are a couple of beauties in there. Our Joey 10-7 and I am Colin which I mentioned I wanted to Lay at 2.96 – it hit over 5. Grrrrrrrrrrrrr

Back to the trades we did have. Madame Allsorts was a nice trade, The move didn’t happen until late on, I have the video of this I may post later, it’s well boring though. 7.8 to 5.3 ain’t bad in anyones book. A profit of £42.

Our second runner was Operatic Heights, this moved in before drifting badly. It hit the stop loss and the loss was -£19.33

Our daily profit was just short of £23. Weekly goes to over £130. Monthly pushing toward £350.

Racing Trades: 16th March – Daily & weekly review

If you want to see how to get the best out of my trades see HERE

The post Cheltenham hangover has arririved. As bad a days racing on a Saturday know to man.

Back2Lays

Uttoxeter 3:50 Major Malarkey: 17/2 – 7/1 for the arbers. 9.2 can be squeezed at Betdaq. 9 on Betfair. The stop loss is at 11

Uttoxeter 4:25: Galway Jack: 11/4 for Arbers: 3.5 – Stop loss 4.4

 

The fields are devastated by Non runners. This makes many markets very hard to read. We’ll keep it tight today. MG

Daily review

A quiet day. Alot quieter than last Saturday, that’s for sure!

Two trades today. The first was Major Malarky, backed at 9.2 and steadily moved to to 8 just before the start.  Profit of £14.25. No drama

The 2nd Galway Jack was a little more exciting, very well backed, the only question was when to exit. It did the usual “jigging” about towards the end, but I managed to close at 2.92 -I did go lower, but I’m happy with 2.92, Nearly £19 on this. For a daily profit of £33

Weekly review

After a little persuasion I restarted the Racing Trades on Wednesday, so not a full week. This week we had 10 back trades, of which 8 were winning trades. The profit was £125. We only had 1 Lay trade, which was a winner too for £36. That makes the profit for the week of £161. Not too bad. Total for the Month is £240. No reason to suppose we cannot double that, considering I put in a £100 loss last Saturday when the site went down (Betfair) and we missed a few days at the start of the week. I’m going to stick in a target to aim for of £350. thanks for your support. MG

Racing Trades :)

My poll has shocked the hell out of me, It’s early days, but it seems you guys like my Racing trades. I pulled the plug after last Saturdays nightmare. If at the end of the week the Poll wants me to carry on, I will. In the mean time I will stick up the trades I am having a go at. You are all well aware of what happens if Betfair go down. I would encourage you to open a Betdaq account if you haven’t already. Don’t open an account just on my say so. Make your own choice. I seems a good deal to me, if the liquidity starts to increase Betfair will be a ghost town within months. Plus if you have the choice you can get the best price and work out the best trade based on commission and other offers. The 1:30 Cheltenham is commission free on both exchanges today. I am moving my operation over to them as their liquidity increases. My racing trades are perfectly tradable on Betdaq.

I hate chopping and changing about, it makes me look a prick. But there is no point in writing a blog no one wants to read. The racing trades are a good way to introduce new readers to my blog. Once they are hear they may find more stuff to read that they enjoy and come back.

Anyway, these are the trades I am having today.

1:30 Cheltenham: Champagne Fever 13/2: 7.8 (BF and BD) stop loss I have at 9.8 – if it gets anywhere near there I’m out

Hit 6.2 and went on to win £25 profit on £100 trade

3:05 Southwell: Sans Loi 4/1: 4.9 on both exchanges my stop loss is 6.2

Out at 3.75 for another £30 finished 2nd and hit 1.5 in play.

Even though it’s Cheltenham, there are lots of very short favs in and impossible handicaps where many moves are happening. Look out of late money. This week at Cheltenham if they move in they rarely drift back. Look out for news about the Racing Trades. Like I say, I need to give my audience what they want, not what I want 🙂

MG

Trades for 20th Feb

Back2Lay Ludlow 3:45 Rowlestone Lad 11/2 bookies 5.8 betfair stop loss 7.2

Back2Lay 4.05 Lingfield – Pencombe 7/2 bookies 4.4 Betfair stop loss 5.5

Update: post race

Good steam on Rowlestone Lad down to 4.7 when I initially traded out. It wasn’t until after I had done this I realised there was a substantial delay due to an incident in the previous race. The only reason I had closed the trade was because the race was very close to off time. The price still looked like there may be a couple more ticks in in so I went back in at my original 4.7. Managed to get the trade closed at 4.2 before it bounced very close to off. A good trade but messy.

The other runner pretty much hung around at at 4.4 to 4.6 all day, the quickly drifted near the off. I hate this because it becomes a 50/50 call wether we win or lose.

Be sure to read the new guide of how to trade back2Lays that I posted this afternoon.