Not much success on the trading front today. It was one of those nearly days where I just missed out on some decent sized wins. My first three races were small in trading terms and ended with a very small loss. In the 14:00 at Lingfield I laid Zam Zammah for £98 @ 1.45 at about half distance when still held up near the rear of the field. By the time he started to get involved in the race it was too late for me to back him, I therefore lost £44.
I then had another three small but all profitable trades. The next race for me was the 15:40 at Wincanton and here I laid Copper Bay for £41 @ 2.05 just as he blundered at the third last fence to secure a profit of £41. In the 16:00 at Lingfield I laid Rapid City for £9 @ 4.00 to win a further £9.
My last race of the day was the 16:20 at Kempton where I backed Amwell Brave for £50 @ 1.33 in the final furlong and in the lead to net me a £16 profit. I ended my racing day with a profit of £31.
Mid way through the afternoon Rangers announced the appointment of Walter Smith as their new manager. I got that totally wrong. I really thought that Walter would try and honour his contract at the SFA. I will have to stop using my gut instinct on these New Manager markets. The last time I did it I lost money on the Portsmouth manager market, I still can not believe that Harry Redknap went back. Anyway this time it cost me £350.
In tonights football I had a choice of game and decided to trade the Aberdeen v Hibs match. I choose this match mainly because it is very windy in Scotland again tonight and as the Aberdeen match was on BBC1 in Scotland I knew I would be able to see all the match. I laid the under 2.5 goals market for £100 @ 1.99 before kick off. I started to lay back at 1.66 for £25 then 1.56 for £25 and a further £10 @ 1.46. Then the first goal came and I backed the unders for another £54 @ 1.87. The price was falling nicely and with the half time interval only a couple of minutes away I decided to wait for the break before I laid off. Then the second goal was scored. I didn't back the unders again as the price seemed too low for me. Well through the second half I put up a lay of all my liability plus £50 which would have left me with a £50 profit whatever the result. Moments later the third goal was scored which left me with a loss of £93.
I then had a look at the under 3.5 goal market and backed the unders for £500 @ 1.80 in the 76th minute. I started laying off at 1.66 and then all the way down to 1.33. Now I had a £100 liability with a potential profit of £180. In the final minute of the game I just entered a lay of £180 @ 1.32 which would have given me a profit of £100 whatever the result and again a goal is scored. This therefore cost me another £100. I continued watching the match but saw no decent opportunity to recoup any of my loses so I switched on the Chelsea match. I just saw the equalising goal and then in the 80th minute I backed the under 2.5 goals market for £375 @ 1.55. I probably laid off a bit hastily as I didn't want to make the day any worse so it was in the 86th minute that I laid the unders for £375 @ 1.34 to give me a profit of £78. In total my trading today has cost me £85 plus the Walter Smith loss of £352. I will endeavour to get it back tomorrow.
Hi ray i have been viewing your blog now for a while and i find very interesting and very helpful as i do with the gamblers blog.I was wondering as you do a lot of inrunning horse racing can you tell me do you use some kind of software ie betangel, fairbot etc or just bf interface also what pictures do you use ray and would you say you are more sucessful over the jumps to the flat? Thanks ray and good luck for 2007 and dont worry mate im sure the kids will get well very soon..
Posted by: martin | 01/10/2007 at 11:41 PM
Hi Martin,
I do not use trading software. I just use the main Betdaq site. I also do not have SIS, but I do have ATR/ATR Xtra, RUK and terrestrial TV. My preference is jumps racing as more can go wrong and over a longer period of time, but often on flat racing you have closer finishes which can also create trading opportunities. I haven't anaylised my results to see which type I have made most from. The kids are on the mend thank goodness and good luck with your trading.
Ray
Posted by: Ray | 01/10/2007 at 11:48 PM
Yup. Stay away from those football manager markets. Worse still is when they go on for months. Apparently thay can take over your life.
Posted by: The Gambler | 01/11/2007 at 12:13 AM
Not been past for a few days Ray, hope the littlun' is feeling better, not to mention yourself. Better luck tomorrow sir !
Matt
http://www.punt.com
Posted by: Account Deleted | 01/11/2007 at 01:15 AM
Blimey you did have a bad day.
My day started off poor as the Betfair API wasn't playing nice with STW so I missed the first race or two that were on IRIS.
I wish I could get the TV here in Spain so I could do more races but I will have to just keep at the IRIS. I must have a closer look at whether I can get the satellite for the horses.
Last night I was watching the Barcelona game on TV and they had not fielded their best team as it was Copa Del Rey and they were playing a lower side. But I did think that it was likely they would win so I put a tenner on it. I should have been doing the under 2.5 as it took some time for the goals to come in. I traded out after the first goal because I am more of a trader than a gambler and even though Barcelona is my team the unexpected happens from time to time, doesn't it.
So I am pleased I had a profit at the end of the day and I am looking forward to more of the same today.
I will have to get my BetDaq account funded so I can use it if Betfair messes up again like it did yesterday.
Hope it all goes better for you today.
Posted by: Wizardgold | 01/11/2007 at 08:58 AM
hi ray
hope the kids are better.ray a question what is atr extra
thanks les
Posted by: les | 01/11/2007 at 09:33 AM
Hi Matt,
Thanks. The twins are ow both over their illness but Zoe(6) has more spots than have ever seen before, although she doesn't feel too bad.
Ray
Posted by: Ray | 01/11/2007 at 10:40 AM
Hi Wizard,
Where in Spain do you live? I was looking at moving to Pinoso later next year but that was before my wife left us so it has now been put on hold. I did do a lot of research into TV etc and it is possible to get a satellite system in to provide all the UK channels that SKY deliver. You can also get a version of SIS as many of the bookmakers in the coastal towns have. Hope things go well today.
Ray
Posted by: Ray | 01/11/2007 at 10:53 AM
Hi Les,
Atr Xtra is a service offered alongside ATR. You access it by pushing the red button and wait for a few seconds you then press the go right button next to the select button. There is a delay of a few seconds. You are now on ATR Xtra but in a small box on the screen, if you want full screen you then have to push key No1 and again after a delay you will have ATR Xtra oin full screen mode. To be honest I never go to full screen. The picture quality on Xtra isn't as good but it is around 2 seconds faster than normal ATR. Not every race is on ATR Xtra but most are now. Good Luck.
Ray
Posted by: Ray | 01/11/2007 at 11:01 AM
Hi Ray,
Sorry you lost on walter Smith.
You mentioned the "honest" Harry Redknapp. on the strength of him being on the local news the night before declaring his loyalty to Saints and that there was no truth in him moving and that he was definately staying I made one of my biggest losses £959.00. I will therefore never bet on managers markets again and will only trade now. Clive
Posted by: clive mortimer | 01/11/2007 at 09:20 PM
Hi Clive,
I did expect to get a chance to trade as I thought this would take a week or two to sort out. Having now read Walter's statement I understand why he left the SFA.
Ray
Posted by: Ray | 01/11/2007 at 09:39 PM