Wednesday 4th April 2007

Few trades but a good result seems to be the way at the moment for the Sports Trader. I traded in 8 horse races, 1 football match and 1 cricket match.

My day started with the 14:20 at Catterick where I had a small winning trade on Sawwaah. In the 14:40 at Nottingham I laid Ten Down for £31 @ 3.56 to result in a profit of £31.

In the 15:10 also at Nottingham I made my first of two losing trades on the day as I backed Patavellian for £10 @ 3.45 and could not get it laid off to cost me £10. My next trade was a small winning one.

My second loss of the day came in the 16:35 at Gowran Park. I had backed Dancing Hero for £40 @ 3.60 when tracking the leaders at about 4 furlongs from the finish and again had intended to lay off for a profit but the price soon moved against me and I suffered a loss of £40.

My best result came in the 16:40 at Nottingham where I had laid Spring Goddess for £304 @ 3.50. I backed back £8 @ 3.80 and then as Jamie Spencer got to work on her to challenge for the lead I started backing  at lower figures to reduce my liability with backs of £113 @ 3.25 and £40 @ 2.05. In the end she could only manage second by a head, to result in a profit of £143.

Next was another small winning trade. My last horse racing trade of the day was in the 17:10 at Nottingham where I laid Dumas for £49 @ 8.80 to result in a profit of £49.

My race trading had finished with a profit of £186.

We were all spoilt for choice in the evening with two great football matches and a thrilling World Cup cricket match. If only the finishes could have been spread out a little more it would have been easier to trade them.

I decided to watch the Chelsea v Valencia match. I had not traded until after the first goal had been scored. The prices on the under 2.5 goals were all over the place for a couple of very hectic minutes and I managed to lay the unders for £100 @ 1.60 before backing back £70 @ 1.80, £10 @ 1.86, £90 @ 1.93 and £82 @ 1.95. I finished off with a lay at 1.75 for £182 to leave me with a profit of just over £31 whatever the result.

I then watched the last 8 or 9 overs of the England v Sri Lanka cricket match and what a match it turned out to be. I would think there will be some hefty losses for England backers as Bopara and Nixon put together a decent partnership to almost snatch a victory from almost certain defeat a little earlier. I just managed to trade myself into an all green position of £25 after having 16 trades. England lost on the last ball of the match needing to score 3 runs when Bopara was clean bowled whilst trying to launch a four or six.

My day had finished with a profit of £243.

Comments

[anthony]

hi ,
in the 4.40 how did you manage to change your stakes so quickly in the last furlong?
do you have specialist software ? and if so what do you use and how does it work /
thanks
anthony

[Ray]

Hi Anthony,

I do not use any software to trade. All I did was to take the offers available on the screen. I already had one back ready as it looked like Spring Goddess was going to win, and it was a case of just hitting the submit button. I then took the next amount on the screen which took 2 clicks.

Ray

[gary]

hi
keep up your blog its a great read.which site has the quickest updated odds pre race

[Ray]

Hi Gary,

Thanks for your comments. I don't look at odds before a race nowadays but when I did it was always the racing post that I used. You should perhaps look at oddschecker where you will get all the top bookies and the exchanges pre race prices. Good Luck.

Ray