A very quite day for me today. I only traded in 9 horse races and 1 football match. I started with my only losing trade of the day in the 12:20 at Leopardstown where I backed Savitha for £13 @ 2.00 whilst getting to the lead entering the final straight only to see her headed close to the finish to result in a £13 loss. I then had a small, profitable trade in the 12:50 again at Leopardstown.
My best result of the day was in the 13:20 at Leopardstown where I started with a lay of One Cool Cookie for £52 @ 10.00 and backed back for £15 @ 22.00. I also laid Mister Top Notch for £50 @ 8.00 when making a mistake at the last fence and I backed the eventual winner close to the line for £50 @ 1.02 to leave me with a profit of £87 in the race. I then had a further two small, profitable trades.
Next for me was the 14:55 at Leopardstown where I laid Stage Manager for £50 @ 12.00 when well beaten on the run in for another £50 profit. I then laid Ever Cheerful for £26 @ 7.00 at the 15:45 at Kempton when being driven about two furlongs from the finish for a £26 profit. I had two more small, profitable trades to finish off my trading day with a total profit of £165.
The only match I could watch tonight was the Real Madrid v Real Zaragoza game. This was expected to have over 2.5 goals scored by ScoccerSTATS.com so I took a cautious approach and started with a back of the unders for £174 @ 2.15. I started to lay off when the price got down to 2.02 for £24. I laid another £25 @ 2.00. I then backed for £85 @ 1.96 and laid off £100 @ 1.83 almost at the same time. I then gradually laid off the rest of my liability in £25 tranches down to 1.54. After the mistakes I have been making recently by holding out too long to green up I decided to start greening up at 1.38 for £25 and also @ 1.32 for £25. The goal came very shortly after I had an all green £50+ on both sides. I decided to sit back and watch the rest of the match rather get involved again, happy with £52 for my 40 minutes work. So I had finished my trading day with a profit of £216.
This has not been one of my finest weeks but the one consolation I can take from the week is that the whole family has been ill throughout and I still turned a profit of £172 and that was after getting the next Rangers manager market wrong to the tune of £352. I will endeavour to have a much better week next week.
Well done Ray after a traumatic week. One thing of interest if you are backing the under 2.5 goal market it means you dont want goals to be scored. The interest to me in watching games is for an exciting game with plenty of goals. Are you ever able to sit down and enjoy a match?
Mick
Posted by: mick | 01/15/2007 at 08:42 AM
Hi Mick,
Thanks for your comments. It's a good point you make. I tend to be able to look at my trading as purely business but at the same time I do enjoy the match. So on occassions, if early goals are scored I have mixed emotions, on the one hand a trade has gone wrong but on the other I can appreciate the game for being exciting. Good Luck.
Ray
Posted by: Ray | 01/15/2007 at 09:45 AM
Hi Ray! Have you ever noticed that the Portuguese Super Liga has the most proportion of matches ended with under 2.5 goals? I think that the best leagues for implementing your strategy is Spanish, Portuguese and French leagues.Belgian, Dutch and Scandinavian leagues are the worst and German, Italian and English leagues are in the between.
Any comment?
Posted by: ASA | 01/15/2007 at 04:24 PM
Hi Asa,
Yes I do quite a lot of research on the leagues but I like to be able to watch live and there are very few Portuguese matches on live for me. I do follow the Spanish football very closely.
Ray
Posted by: Ray | 01/15/2007 at 04:45 PM
Hi Ray,
Still learning how to use Betdaq. This trading is hard work, but good fun.
Quick question - does Betdaq have a function where you 'green up', or do you manually do the calculation. I struggle to do the calculation manually..........
Glad you made a profit in such a difficult week!
Posted by: Sokyola | 01/15/2007 at 04:49 PM
Hi Sokyola,
It is a manual calculation to green up but you will very soon get used to it. When you go to place the trade you can vary the odds and /or stake which will show you the effect of using differing odds etc.
Thanks for your comments and good luck with your trading.
Ray
Posted by: Ray | 01/15/2007 at 04:59 PM