Wednesday 7th March 2007

More of the same for the Sports Trader today. A slow day and not a lot of trading. I managed to trade in 11 UK horse races and 2 football matches, with 2 losing trades.

My racing day was very slow to start with, I just could not get going and I therefore started with 3 small winning trades. The first race trade of note was in the 14:40 at Fontwell where I laid Daggy Boy for £55 @ 7.10 before backing back £30 @ 10.00 and £5 @ 15.00. Towards the end of the race I backed Alfadora for £10 @ 1.30 to finish the race with a profit of £23.

I followed up with another 3 small winning trades. My worst result of the day came in the 16:25 at Catterick where I laid Bright Sparky for £51 @ 4.20 and ended up backing back £47 @ 2.90 to lose £74. My next race was also a loser but this time only for £7.

In the 16:45 at Fontwell I laid Presenting Diva for £95 @ 13.50 when not looking to be enjoying the conditions and I backed back £22 @ 27.00, £4 @ 23.00 and £2 @ 380.00 to leave me with a profit of £67.

My last race of the day was the 16:55 at Catterick. I got this one wrong to start with but managed to trade out of trouble and into a decent profit. I started with a lay of £86 @ 2.94 on very aptly named Trading Trouble. I quickly backed him back for £85 @ 3.05. I then backed him again for £25 @ 3.20 and laid off £34 @ 2.60. Towards the end of the race I backed him again for £5 @ 2.30 and 100 @ 1.30 before a final lay of £27 @ 1.05 to result in a profit of £42.

I finished my race trading for the day with a profit of £68.

With my confidence to predict the outcome of football matches still quite low at present I decided not to trade on any match until well after the start. I decided to watch the match between Manchester United and Lille. My first trade was in the 80th minute, when the score was 1-0, where I backed the correct score of 1-0 for £130 @ 1.70. I laid off £50 @ 1.42, £10 @ 1.46, £30 @ 1.31 and £20 @ 1.21. Just when Silvestre was injured in the first minute of the 3 injury minutes I backed the same score line for £187 @ 1.13 and then laid off @ 1.05 when the game resumed a good few minutes later. This resulted in a profit on the match of £61.

As soon as the match had finished I switched to the extra time being played between AC Milan and Celtic. I dived straight in with a back on the under 1.5 goals for £91 @ 1.28 just seconds before AC scored. As soon as the market was reformed I backed the unders for £343 @ 2.00. I started to lay off @ 1.92 for £184. Next I backed again for £44 @ 1.97 and then followed with lays of £194 @ 1.86. The odds where all over the place and it made for ideal trading conditions. Next I backed the unders for £128 @ 1.75. I then laid off £63 @ 1.70, £15 @ 1.64, £50 @ 1.58 and £50 @ 1.57. With just 3 minutes left I backed the unders again for £217 @ 1.39 and laid off £217 @ 1.31 and with only seconds to go I backed again for £187 @ 1.13 and laid this off @ 1.05. The end result was a profit of £60, which considering I had been wrong footed in the first minute was a decent result.

My day has therefore finished with a profit of £188.

Comments

[Paul]

Well done Ray,

slowly slowly catchy monkey, and there should be whole troop of them slipping on bananas next week at Chelters'.

What sort of volumes are you expecting on Betdaq next week? How much of the increased liquidity will spill over to the other two minor meetings each day?

All the best for today

Paul (in Luxembourg)

[Ray]

Hi Paul,
You will see volumns of over £1m on a good few of the Cheltenham races. I have already seen over £2m on big races at Betdaq. There will be spill over to the smaller races and you will probably see a few hundred extra thiusands on them.Good Luck.
Ray

[ramps]

Betdaq is doing a msssive push for Cheltenham. No doubt they will be hoping that Betfair has its tradional slow down or crash at Cheltenham. I know they have made losts of changes to avoid this but they have also made lots of changes. And where their is change there is risk. Looks like it will be soft ground so I am expecting a good festival profit wise.

[Brian]

Hi Ray

Just noticed that you were a bit down on the marital strife stakes. For what it is worth let the lawyers sort it out and be done with and dont let it affect your game.

On a more upbeat note when is Russ going to let us know what ATR told him about ATR Extra and the transmission delays. It is starting to stink a bit now the fact that he says nothing at all. He comes across in his blog as a straight upfront type of bloke and I thought that we would get something from him.

Brian

[Ray]

Hi Brian C,
You are on holiday the wrong week or do you have two weeks off? It's good to see the Betdaq PR machine swinging into action ready for Chelter's. Let's hope a few more big players start to use this service. Good Luck ans by the way I liked your Chelter's review.
Ray

[Ray]

Hi Brian,
Thanks for your comments. I don't like it when the paid liars get invloved all they do is churn the situation and charge serious amounts of money for nothing.
Russ did try to get hold of me yesterday but I wasn't available when he called I have returned his call but he was busy. He is honest and upfront. I just think he wants to be able to say something concrete when he can. This situation is obviously causing ATR a lot of embarresment and I think that because of other negotiations going on between ATR and Betdaq pressure is being exerted to keep things quite just for now, I may be wrong but that is what I get from reading between the lines.
Ray

[Brian]

Hi Ray

Good day I hope.

Quite a serious matter if Russ has been gagged. Keep on the case anyway and thanks for the effort.

Brian

[Ray]

Hi Brian,
I will keep trying to get the answers.
Ray

[Brian]

Hi Ray

Thanks as always as you have an angle in its vital that you higher ranking beasts do what you can.

Hope the Spurs game was OK for you. Looks like a few people will have raw nerves for weeks after that. Still the whole world will be betting on plenty of goals when the boring English premier league resumes so that should be good for you.

GL

Brian

[Ray]

Hi Brian,
I will keep pushing.
I didn't trade on the football tonight as the darts where on, thankfully.
Good Luck.
Ray