Tuesday 27th February 2007

Very little trading again today for The Sports Trader with just 10 UK races traded and 2 football matches.

My day started with the 14:20 at Leicester where I backed Caribou for £200 @ 1.50 before laying off @ 1.27 to result in a profit of £46. Next was a small winning trade.

In the 15:30 at Lingfield I laid Pawan for £60 @ 41.00 when making no headway approaching the final furlong to result in a profit of £60. My next race was the 15:40 at Catterick. I backed Ring The Boss for £50 @ 1.70 before laying off @ 1.43 to leave a profit of £13.

My next race was my best result of the day. It was the 15:50 at Leicester and I backed Brumous for £2000 @ 1.30 in the final furlong when four lengths in the lead. I thought that Esprit Saint had got up on the line and tried to lay off in the photo finish market but didn't get matched. When I saw the still TV pictures of the finish I started to take comfort that I was safe and then the result was announced to my great relief. I had therefore made a profit of £600 on the race. I know that Matt and Boycee go on a lot about the At The Races video service, but it is very good, and the abillity to re-run races soon after they have finished is brilliant. Take a look at this close finish in the 15:50 at Leicester.

In the 16:20 at Leicester I backed Irilut for £90 @ 1.40 when just clearing the last fence and in the lead, I did lay of @ 1.01 just in case to land a profit of £35. I had 4 more small trades, one of which was a loser and the others all winners.

My race trading day had finished with a profit of £765.

I decided to watch the FA Cup replay between Reading and Man.U. I backed the unders for £46 @ 1.86 just before kick off and had put up a lay @ 1.74 but the first goal came very early and caught me out. The market had just been reformed when the second goal came along so I had not backed the unders any more. The same happened for the third goal which probably saved me money as I would have bet the unders again if the goals had not come so quickly. Anyway I had lost £46 on the under 2.5 goal market.

Later in the game I laid the correct score line of 0 - 3 for £23 @ 10.00 and backed back £10 @ 12.00. This resulted in a profit of £13. I also backed Man. U. to win for £314 @ 1.06 in the final minute of injury time and laid off £164 @ 1.03 to result in a profit of £14. I had therefore ended the match with a loss of £20.

After this match I listened to the Radio 5 commentary of the West Brom v Middlesbrough match and traded on the To Qualify market whilst penalties were being taken and somehow managed to lose £15.

My result for the day was therefore a very decent profit of £730.

Comments

[iow]

Ray,

I feel very annoyed with myself because I was going to lay the draw in the Man U match and changed my mind at the last minute and layed the unders for £200 about 4 seconds before the first goal - you know what happened next.

It feels so good when your judgement is right concerning a trade and you feel such a twat when it goes pear shaped. At present I feel very frustrated about getting it so drastically wrong.

Well done to you with your racing profits in particular - excellent work.

Peter

[Ray]

Hi Peter,
Sorry about your trade tonight, I hope you get it all back and more tomorrow.
thanks for your comments and good luck.
Ray

[tom]

Alrite Ray - interested to read that Peter and yourself both lost out on the goals in reading-man u game.

I felt that the way the game panned out offered the potential for total carnage and am impressed at level of discipline shown in your trading as above.

I find it hard to believe anyone could have opened out tonight on the unders and turned a profit on the goals. The goals coming so quick and close together actually proved a blessing in disguise :-)

Even the +3.5 market was only beginning to settle down before reading scored.

I thought best thing was to walk away and turned the laptop off!! trading is a long game and there's never a last race or game. Take the medicine when it's due and move on.

keep up the good work mate...

[Ray]

Hi Tom,
You are right I would have been hit a lot harder if the goals had been another 2 or 3 minutes apart. That is at least two lucky escapes I have had today, the other being the 15:50 race at Leicester.
Good Luck tomorrow.
Ray

[gary]

hello sports trader
Well done on your amazing results.
Are you watching atr when you bet?
if so how did you manage to get 2.60 on "our Kes" on monday?
Atr is so far behind since Xtra has stopped,
that the price on betair had vanished.
Does Betdaq work in a different way?
Also with your race reading ability what price would you have got by not being 3 seconds behind others.
Well done
thanks
Gary

[Ray]

Hi Gary,
I was watching ATR yesterday for that bet but the price on Betfair was around the same as it did look like Espirit saint would get up and win, indeed the winner was headed in the final 10 yards or so.
With the Our Kes trade I tried to back for the £500 that was on screen but someone beat me to the rest.
I am looking at installing SIS in my office to get around the delay problem, but I was still making money before ATRxtra came along. Thanks for your comments and good luck today.
Ray

[Brian]

Hi Ray

Any feedback from Russ regards his meeting with ATR

Bri

[Ray]

Hi Bri,

Russ did speak to ATR yesterday about this and other matters and was given no answer but he does expect to get some sort of an answer today and will write a piece on the Exchange Views blog. I will also let readers know more tonight assuming there is anything to tell.
Ray

[Brian]

Thanks Ray

BF relocating to the Kremlin soon I expect. Hope Purple Russ can do better.

Bri

[Andy]

Hi Ray,

I've just taken 6 days (on and off) to read through your blog from start to present and it's been a great journey...

Thanks for taking the time to share your experiences.

I've emailed you an idea I have too.

Best of luck with your trading today...

Andy

[Ray]

Hi Andy,
Thanks for your comments. I have read your email and will reply tonight. Good Luck.
Ray

[Steve Jones]

Keep up the good work. Maybe you should pass some trading tips on to that "life of Brian" guy. He seems to be giving us all free cash. He taking a pasting on the betfair forum for being a Brimardon member.

[Ian Roberts]

He will learn the hard way Steve. Ray keep the profits coming and showing that their is an alernative to Betfair.

[Ray]

Hi Steve,
Thanks for your comments. I do communicate with Brian at times. He is very good with IT and I have been encouraging him to develope a bot to replace all of his tipsters. His problem is that he has a full time buisness and therefore can not be trading in the afternoons, thats why he uses tipsters.
Ray

[Ray]

Hi Ian,
Betdaq is already a good alternative to Betfair and if just a few more traders would commit to the Daq this would be a brilliant place to trade. My trading has let me down today mind.
Ray

[humble]

bloody hell ray that was a close one lol certainly a photo finish.i have had some sucsess backing as they come to the line and its getting easier reading the races.well done today.

[Ray]

Hi Ron,
Yes a little too close for comfort that one. Good Luck.
Ray