Sunday 7th January 2007

The Sports Trader had a slow start again, but as yesterday, things got better as the day went on.

My first two races where both profitable but very small. So my first significant race was the 13:10 at Plumpton. I backed Phar Bleu for £64 @ 1.30 just as Alph blundered, whilst duelling for the lead at the last fence, to leave Phar Bleu well in the lead and net me a £19 profit.

In the 13:40 at Plumpton I had backed Thirty Five Black for £50 @ 2.40 and put up a lay @ 2.20. but only got matched for £4 as he soon began to weaken and I was left with a loss of £45. My next three races netted me a £3 profit.

Next was the 14:10 at Plumpton and here I backed Pass Me By for £73 @ 1.40 and a further £116 @ 1.02 whilst on the run in and fending off the ungainly Zimbabwe to give me a profit of £32. Now to the 14:40 also at Plumpton where I had backed Dance With Wolves, when in the lead and with three hurdles to jump, for £202 @ 2.20. I later started laying off, as he was headed and came under pressure with two hurdles to go, for £189 @ 2.01, and £10 @ 2.10 to leave me with a profit of £37 when he eventually rallied on the run in.

My next race was at Naas where I backed Pennyforurthoughts for £50 @ 2.50 when in the lead and in the final two furlongs to give me a profit of £75. In the 15:10 at Plumpton I backed The Hardy Boy on the run in three times for £400 @ 1.25, £90 @ 1.05 and £73 @ 1.03 to give me another profit of £105.

I had two more small profitable trades before the end of the racing day and finished my racing with a profit of £236.

After the racing I tuned in to see the Cardiff v Spurs  FA Cup match. It was approaching half time, with in fact just 20 seconds of the injury time to be played, and the score was still at 0 - 0 when I noticed £332 @ 1.01 just begging to be matched on the Half-Time 0-0 correct score market, so I took it to make £3 profit.

I missed the second half of the Cardiff v Spurs match as I had to go and pick my children up from their mothers house. When I got back and had the children safely tucked up in bed I started to study the Spanish football matches.  I had missed all the first half and the first 15 minutes of the second half of the Deportivo La Coruna v Real Madrid match. I just watched the game for a while before deciding to back the under 2.5 goals market for £14 @ 3.50. I laid this back @ 2.94. With 23 minutes left in the match I thought the unders price was too high @ 2.29 so I backed them for £221. I laid this all off at prices form 2.15 down to 2.04. Then later with only 10 minutes left the price was @ 1.50 so I backed this for £43 and then a further back for £157 @ 1.43. The price started to drop very quickly and I laid off £168 @ 1.21 and then greened up for £84 @ 1.15 to leave me with a profit of £73 what ever the result.

My final trade for the day was in the Villarreal v Valencia match where I was expecting a few goals. I thought the odds on offer for under 2.5 goals at the start of the game where too low and decided just to watch for a while. I ended up watching nearly all the game before I saw an opportunity to make some profit. With only 6 minutes to go and the score at 0 -1, I backed the under 2.5 goals for £680 @ 1.03. I did put up a lay @ 1.01 but cancelled soon after as the game drew to a close and I ended up with a £21 profit. So I finished my football trading tonight with a profit of £98 and a total profit for the day of £333. This weekend has been better than my last few weekends and has resulted in a profit for the week of £2261 and all this with a commission charge of just £19.42 for the week, thank you Betdaq.

Comments

[ASA]

Well done again Ray.Wish you the best of luck in future trades!

[Ray]

Hi ASA,
Thanks, the same to you.
Ray

[ramps]

Ray,

You are the man another consistent profit. I have read your blog for a while and wondered how you decide on how much to initially bet? You seen to get the amount right more times than you get it wrong. Is it based on how much money is available at that instant?

[Ray]

Good Morning Brian,
Yes, I tend to take whatever amount is on offer if I think that the price and conditions are right. That's the main reason that I like to trade without the use of a one click programme as with them you need to set up an amount to trade. The way I do it I am free to take the amount whether small or large. I hope things get better for you this week Brian. Good Luck.
Ray

[humble]

Well done again ray another good weekend,am starting myself this week got myself a plan gonna start a blog warts and all its gonna be called from novice to pro in 12 months.so hopefully you will pop over and kep an eye on me lol.of course i wont get to big for me boots i have realised its a hard game and only discipline and patients will get me there.

[humble]

Oops how do i start a blog ray and is it ok for me to do that,its more for myself really keep a track of what i am doing.tahnks

[Ray]

Hi Humble,
Sorry I have had problems with one of my kids today so time is short to answer questions. The more blogs the better, this is the future for communication. Good Luck with it.
Ray

[Mark]

Hi Ray,

Have you thought about adding a Monthly Profit & Loss sheet to your blog?

I can see how well you're doing on a daily basis but it would be nice to see the bigger picture (would keep me motivated I guess!)

Thanks

Mark

[Ray]

Hi Mark,
It is something that I am considering. I do give my weekly results. My monthly's are very good but I don't want my figures to appear unobtainable by other traders as this may have a negative effect on them. I know back in my early days I yearned accurate figurers from established traders but think that if they seemed too good I might just have thought 'well I will never attain that' and then possibly give up.
Ray