Monday 20th November 2006

I have had a very slow day on the racing front, mainly due to too many interruptions but enjoyed watching some very close finishes again. I had no trades on the first @ Ludlow and probably just as well because I did try to get on Secret's Out at low odds just before he fell at the last. Plenty of money was bet on this horse @ 1.02 and 1.01. My first successful trade was to back Backboard in the 13:50 @ Ludlow @ 3.00  then lay back at 2.20 and 1.26 to leave a small profit. In the 14:00 @ Wolverhampton I backed Three Boars and layed Laurolie to net me £30. Apart form a couple of other very small trades that was that on the racing front. So the pressure was on for tonights football.

I backed the unders market in the Hartlepool V Rochdale game as normal @ 1.84 for £500 before the match started and again @ 1.62 for £788, I then gradually layed back in £100 tranches and finally greened up with a lay @ 1.02 with 15 minutes to go to leave a profit of £150 whatever the result. I am having problems writing this tonight as I have got Offside on the TV and it is brilliantly funny. Anyway I finished the day with a profit of £210 which considering the slow start is a good result.

I would like to take this opportunity to thank all the visitors to this Blog which is a week old today. To date I have had nearly 1500 hits  and they come from 15 Countries including America, Australia, New Zealand , Japan, Estonia, and many European Countries. See you all tomorrow.

Comments

[Rob]

Hi Ray
Excellent blog, its always good to read and assess how others go on....its the way I start my day check on the gambler and the sports trader!!
I used to have a similar strategy to you on the unders in football, but abandoned it after a few of the games had first half goals....what stop strategy do you have if the market moves against you?

Keep up the good work, hopefully I might learn something :-)
GL Rob

[Ray]

Hi Rob,

Thanks for the compliment. I always check on The Gambler aswell it is normally a good read.
If I have a 1st half goal against me I would normally just go straight back in for more and then begin laying off again. Check tonights thread as I had a similar situation on the Arsenal game.
It's good to have you aboard and fell free to comment at any time.
Ray

[Angelo]

Betdaq and horse racing, hi ray, i have a curiousity, you are a betdaq trader and usually there are quite more betfair traders around, I would like to know if you use some kind of software or the web interface to trade on horses.

[Ray]

Hi Angelo,
I just use the standard website with no software, although I have used the STW and Racing Traders software but have always come back to doing it long hand. You will also find it takes a lot less clicks to enter a bet on Betdaq.
Ray

[boycee]

When laying in-running gg's Ray, is there a maximum price that you will not lay above?

[Ray]

Hi boycee,

I would normally only lay at up to 2/1 but evrey now and then if a horse looks well beat I will lay at up to 10/1.
Ray

[JamesA]

Interesting stuff Ray. Keep it up!

JamesA

[Ray]

Thanks James, will try to keep it up, good luck.
Ray

[billy]

Hi Ray
do you have SIS or just normal ATR and RUK.

[Ray]

Hi Billy,
I only have ATR and RUK, take a look at this page where I tell you all about my IT set up.
http://thesportstrader.lastminuteliving.com/the_sports_trader/2006/11/my_it_set_up.html