The Sports Trader

Monday 18th June 2007

A solid day for the Sports Trader with 12 races traded and just two losing trades. I did miss some of the races today as my Au-pair could not make it into work.

My day started with the 14:30 at Hereford where I laid Hall of Fame for £20 @ 5.50 before backing back £10 @ 8.00 to leave me with a profit of £10.

My best result of the day came next in the 15:30 at Hereford where I laid Even Flo for £40 @ 7.20, Moscow Gold for £1 @ 50.00 and Layasar for £50 @ 5.00 and another £90 @ 1.30 to result in a profit of £181.

Then came my first loss of the day, and in fact my first losing trade for four days and 37 trades, which I think is my longest run of winners. This came in the 16:15 at Carlisle where I had backed Five Wishes for £45 @ 2.00 only to see her beaten on the line by a short head.

The next race I traded was the 16:00 at Hereford and one where I ended up with a small profit but in my opinion should have had a profit of £80. This was due to the result being over turned in the stewards room after winning on a photo finish. It could have been a lot worse as at one point I had a liability of £300 but traded out of this position when the stewards took so much time to come to their wrong decision.

My day got a lot worse with my next race trade in the 17:00 at Hereford when I thought that AP was well beaten on Country Escape and therefore laid him for £28 @ 6.00 to cost me £140.

In the 18:55 at Ballinrobe I laid Princess Nicole for £37 @ 11.50 before backing back £21 @ 21.00 to result in a profit of £16. I followed this with a small winning trade.

My second best result of the day came next in the 20:15 at Warwick where I laid Scotland The Brave for £170 @ 6.00 when well held with a furlong to go, which resulted in a profit of £170. My next trade resulted in a small profit.

In the 20:35 at Windsor I backed Fourteenth for £100 @ 1.60 before laying off £12 @ 1.38 to result in a profit of £55. I had another small winning trade next.

The final trade of my day was in the 21:15 at Warwick where I laid Sharmy for £10 @ 6.70 to give me a profit of £10.

My day had finished with a profit of £267. 

Sunday 17th June 2007

The Sports trader has traded on just 7 horse races today but again with no losses.

My first trade ended all square with no loss or profit. My next trade resulted in a small profit. So my first significant trade was in the 14:30 at Salisbury where I laid Duchess Royale for 19 @ 4.00 to result in a profit of £19. I followed this with another small winning trade.

In the 14:55 at Cork I laid Observation Post for £50 @ 3.00 and backed back £5 @ 41 to result in a profit of £45. My next trade was a small winning trade.

I decided to stop trading at 5:00 as I had bought a pair of tickets off eBay yesterday to see George Michael at Hampden Park in Glasgow with my eldest daughter Jenny. However I decided to watch one last race, the 17:05 at Fairyhouse and am pleased I did as I laid Luxi River for £225 @ 7.00, when in fourth and well behind the leader, to result in a profit in £225.

That was the end of my day and although I was back home by 11:15 I didn't trade on the US Open golf. This left me with a profit of £294 on the day.

My week has finished with a disappointing loss of £204 due to the only losing day of my week on Wednesday. I will have to try harder next week. This may be a problem as I have my Mum, Dad and twin sister coming to stay with me from Thursday to the following Monday so I will miss some trading during that period.

Saturday 16th June 2007

It has been a steady day for the Sports Trader today where I have traded on 13 horse races with no losses.

My day started with a small profit in the 13:50 at Sandown. In the 14:25, also at Sandown, I laid Wavertree Warrior for £2 @ 22.00 and I also laid Irony for £12 @ 20.00 to result in a profit of £14. I followed this with a small profit in the 14:35 at Hexham.

In the 15:00 at Sandown I backed Mutanaseb for £28 @ 1.20 and laid Karoo Blue for £5 @ 17.00 to give me a profit of £11. I followed this with a further 3 small profitable trades.

Next was the 15:45 at Hexham where I laid Kids Inheritance for £15 @ 3.00 before backing back £10 @ 3.35 and £2 @ 6.00. I then laid him for £37 @ 3.80 and backed back 328 @ 4.50 to result in a profit of £11.

In the 16:20 at Hexham I backed Sadler's Cove for £40 @ 1.92 and laid off @ 1.27 to give me a profit of £26. I followed this with a small winning trade.

My next race was the 20:15 at Leicester where I laid Near Germany for £17 @ 7.00 and backed the winner, Prize Fighter for £14 @ 1.50 to result in a profit of £24.

In the 21:00 at Limerick I laid Oscar Night for £2 @ 5.00 before laying Antigua Bay for £38 @ 8.50 to result in a profit of £31. I had one last trade on the day in the 21:15 at Leicester that resulted in a small profit.

So my day had finished with a profit of £131.

Betdaq are offering a great new incentive to Betfair users who would like to try the Purple Exchange. They are offering to match your commission points on opening an account and will also give you another point for every initial £1/€1.50 that you deposit into your new account. On top of this Betdaq will also guarantee that this reduced rate of commission will be the highest rate that you will pay until 31st December 2007, regardless of your level of activity or the number of Betdaq points you have. Betdaq are also guaranteeing that for the life time of this new account they will never increase the commission scale that applies to your account and to top all of that, if you are not satisfied with the Betdaq platform or level of service at the end of your first month they will return all commission paid in that month. I think that is a really good offer and at at time when Betfair are now charging all customers a higher rate of commission. 

Friday 15th June 2007

It was a very quiet day for the Sports Trader mainly as I was away from my computer for a while during racing. I did manage 6 horse race trades with no losses.

My first trade was in the 14:00 at Market Rasen where I backed Mighty Fine for £17 @ 1.94 before laying off £18 @ 1.30 and a very small lay of £1 @ 51.00 on Mr Ex to result in a profit of £12. I followed this with a small winning trade.

The best result of my day came next, in the 15:50 at Sandown, where I backed Laa Rayb for £85 @ 2.02 and then laid off £10 @ 1.24 to result in a profit of £83.

I finished my day off with another 3 small winning trades to end this very quiet trading day with a profit of £104.

Thursday 14th June 2007

The Sports Trader has had a much better day today but didn't trade until the evening. I had a few visitors through the afternoon which meant that I could not give enough concentration to my trading, so I just took a few hours off. I finished up trading in just 7 races and 1 football match.

It was good to hear John, aka The Gambler, give his views about the US Open Golf Tournament, on the Betdaq Exchange Views Daqcast today. Good luck with your selections John and don't give all your potential profits away on Sunday evening!

The first trade of my day was my only loser of the day. It was in the 17:05 at Yarmouth where I backed Silver Mitzva for £25 @ 2.10 when leading and with about 2 furlongs to go, but she got reeled in by two other runners in the final furlong to cost me £25.

In the 18:45 at Uttoxeter I had the best result of my day when I laid Primitive Academy for £110 @ 4.60 before backing back £11 @ 5.10 and then backing the eventual winner Cottingham for £99 @ 1.10 and a further £300 @ 1.03 to result in a profit of £117. My next trade was a small, but profitable one.

Next was the 20:05 at Fontwell where I laid Another Gale for £35 @ 23.00 when well out of contention to give me a £35 profit.

In the 20:15 at Uttoxeter I laid Storm Talk for £20 @ 4.00 before backing back £15 @ 5.20 and later on I backed the winner Go Classic for £100 @ 1.10 to result in a profit of £15.

My next series of trades was in the 20:35  at Fontwell where I started with a lay of Lowlander for £327 @ 2.92 and then made a total of 12 backs ranging from 3.00 to 4.00 for £291 to leave me with an all green screen and a profit of £35.

My last race trade of the day was in the 21:15 at Uttoxeter where I laid Not A Doctor for £84 @ 12.00 and backed back £24 @ 19.00 and £1 at 920.00 to leave me with another all green screen and a profit of £62.

My race trading had finished with a total profit of £248.

After racing I watched the final few minutes of the England v Italy Under 21 football match and I backed the draw for £51 @ 1.13 whilst in injury time and laid back £52 @ 1.05 to give me a profit of £4.

So I had ended the day with a profit of £252.

Wednesday 13th June 2007

It has been a very mixed day for the Sports Trader today. My day started with my first ever Russian lesson. I have my reasons for trying to learn this language which will become apparent over the next few months. My teacher is a Russian girl, Liudmila, she is brilliant and I am sure we will get along well. My Au-pair could not make it to work this afternoon so my trading was some what curtailed. Along with this I had a visit from my mother-in-law and in the early evening I had to attend parents night for the twins. Due to all the above I only traded in 8 horse races but still came unstuck big time in the evening racing.

My day started with a small winning trade in the 14:10 @ Nottingham. In the 14:20 at Beverley I backed Artdeal for £50 @ 1.60 to result in a profit of £30.

Next I had 3 more trades that all resulted in small profits. Then came my first mistake in the 19:40 at Hamilton where I had laid Ballyhurry for £16 @ 8.00 to cost me £112.

Worse was to come in the 20:40, also at Hamilton, where I laid Stringsofmyheart for £114 @ 10.00. I wasn't alone in thinking this horse was not going to win as it was laid at up to 95/1 on the exchanges. She was leading and then after been ridden hard lost the lead and looked like stopping altogether, only to eventually pick up again and win by a short head, which cost me £1032. This is a trade that, given the same circumstances, I would do again. It is one of those strange things that happens in the sport of kings from time to time, so I will not be beating myself up about it. 

My day finished with the 21:10 at Hamilton where I laid Kenmore for £10 @ 21.00 to result in a profit of £10..

My day had finished with a loss of £1092.

Tuesday 12th June 2007

The Sports Trader has very little to report today as I finally got round to installing my new computer and internet connection. I will put up a separate post over the next few days detailing my new IT Set up. I have got quite a learning curve to get to grips with Windows Vista. Apart from being very much a novice with Vista everything else seems to be going well and I am pleased with my new set up.

I had a couple of trades late in the afternoon as testers for my system that both resulted in small profits. In the 18:30 at Worcester I laid Postage for £24 @ 40.00 when well out of contention to result in a profit of £24.

My only other trade of the day resulted in a loss of £10 after laying Nelson's Spice, in the 20:00 also at Worcester, for £20 @ 3.09 and backing back £10 @ 4.15.

So my day had finished with a profit of just £14.

Monday 11th June 2007

It was back to reality today for the Sports Trader with 10 horse races and 1 football match traded on.

I started my day with the 14:30 at Newton Abbot where I backed It's The Limit , when approaching the finishing line and well in front, for £1696 @ 1.01 to result in a profit of £17.

In the 15:45 at Wolverhampton I baked Mighty Kitchener for £80 @ 2.13, which was a mistake, I had tried to cancel my back but I had a problem with my computer and by the time my order had gone through all the back was taken. I ended the race with a loss of £80.

In my next race I had my second and final loss of the day, but at least this time it was only a small loss of £5.

In the 18:45 at Pontefract I laid Lake Sabina for £25 @ 7.00 to result in a profit of £25. My next trade was in the 19:55 at Roscommon where, unusually for me I traded before the off. There was a lot of liquidity in the few minutes before the off and I decided to try trading pre race with a back of the favourite, Sweet Wake, for £3592 @ 1.36 which I laid off within seconds @ 1.34. I then proceeded to green-up with a lay for £100 @ 1.34 and a back for £35 @ 1.39. In the final few yards of the race I also backed the favourite again for £41 @ 1.10 to leave me with a profit of £68.

My next trade was in the 20:15 at Pontefract where I backed Expensive for £222 @ 2.70 and laid off @ 2.50 to leave me with a profit of £45. I followed this up with my final 4 race trades all resulting in small profits.

My race trading had finished with a profit of £82.

After racing I decided to trade in the under 21 football match between Serbia and Italy. I only traded in the final 4 minutes of the match with a back on the correct score of 1 - 0 for 191 @ 1.18 and laid off with 1 minute to go at 1.12 to leave me with a profit of £12.

My day had finished with a profit of £94.

For those of you that have not seen today's edition of the Betdaq Exchange Views blog, Betdaq have joined forces with The Daily Star to offer you the chance to win up to £5000 in a tipping competition for The Royal Ascot meeting which starts next week. It's a great competition where you have to pick horses to lay to lose. For more information see the Betdaq Exchange Views blog or click here to go to the competition.

Sunday 10th June 2007

Well it has been a long time coming, but today the Sports Trader had a brilliant result and all down to some solid trading and then one well timed click of the mouse. I traded on 13 horse races and 1 football match with no losing trades.

My day started in the 14:30 at Stratford where I managed a small winning trade. In the 14:50 at Perth I backed Yankee Holiday for £30 @ 3.50 and laid all off at £3.00 to result in a profit of £15. My next 3 trades were all small winning ones.

In the 15:50 at Perth I laid Trading Trouble for £21 @ 50.00 when well out of contention to give me a profit of £21. Next was another small winning trade.

In the 16:00 at Stratford I backed Silver Hay, when clear of the field and over the final hurdle, for £168 @ 1.15 and £250 @ 1.01.

My next trade was in the 16:30 at Stratford where I laid Armariver for £55 @ 2.90 and backed back £25 @ 5.20. I then laid for £13 @ 4.00 and back back £3 @ 5.00 to result in a profit of £40.

In the 16:40 at Bath I laid Top Trees for £52 @ 6.00 for another decent £52 profit. Next was a small winning trade.

My best trade of the day came next in the 17:25 at Roscommon where liquidity was very good on the favourite Taipan's Way. As is normal for me in this situation I was watching the favourite very closely and had a lay already keyed in so I only had to hit the submit button if the right opportunity came along. This was a flat NH race but Taipan's Way was well back in the field  with the horses all well packed up in front when suddenly you could see that the he had clipped heels with another horse and it took the commentator quite some time to realise which horse had unseated it's rider. Long before the commentator had reported I had hit my submit button and got matched for £2484 of the £4000 I had laid @ 2.50. So I had landed my best result in a while, which was needed as my results have not been good for a few weeks.

My next trade was my last race trade and it was in the 17:45 at Cork where I laid Deal Or No Deal for £10 @ 6.20 for a £10 profit.

My race trading had finished with a profit of £2681.

After racing I watched the second half of the U21 football match between Portugal and Belgium. I backed the draw in the 86th minute, with the score at 0 - 0, for £20 @ 1.27 and then two minutes later another £50 @ 1.19 to result in a profit of £15.

My day had finished with a profit of £2696.

That was the end of another week and one where I have made a profit of £3604.

Saturday 9th June 2007

The Sports Trader had a good day and traded in 16 horse races and 1 football match.

My day started with the 14:15 at Musselburgh where I backed Victorian Beauty for £54 @ 1.30 for a profit of £16. In the 14:30 at Windsor I laid Determined Stand for £11 @ 6.20 to result in a profit of £11.

My next trade was in the 14:35 at Haydock where I laid Mr Ed for 321 @ 15.00 to give me another £21 profit. Next was the 14:50 at Goodwood where I backed Munsef for £100 @ 1.85 before laying off @ 1.65 and then, with the race in the bag, I backed him again for £852 @ 1.10 to result in a profit of £105. I followed this with a small winning trade and then a small losing trade.

In the 16:05 at Windsor I laid Gulf Express for £38 @ 3.00 for a profit of £38. Next was the 16;20 at Musselburgh where I laid Stark Contrast for £11 @ 3.95 before backing back £8 @ 5.00 and then I backed the eventual winner for £500 @ 1.02 to result in a profit of £13. Next came another small winning trade.

The best result of my day came next in the 16:40 at Windsor where I didn't have a trade in the actual race but managed to back the winner, Gongidas for £431 @ 1.50 in the photo finish market to give me a profit of £216. It always helps if the commentators pick the wrong winner in a photo finish.

My next 4 trades where all small winning trades. The worst race trade of my day came in the 19:50 at Lingfield where I backed Fiefdom for £26 @ 2.00 to leave me with a loss of £26. My final race trade of the day came next and it resulted in a small profit.

My race trading had finished with a decent profit of £395.

After racing I traded on the Real Zaragoza v Real Madrid football match. I started off backing the under 2.5 goals market for £255 @ 2.16, with the score at 1 -1, and had laid off £223 @ 2.05 when the third goal came to cost me £32.

I then backed the under 3.5 goals for £150 @ 1.82 and had laid off £53 @ 1.63 and £39 @ 1.50 when the 4th goal was scored which cost me another £61.

In the final few minutes of the match I backed the draw for £122 @ 1.35 and had laid off just 313 @ 1.16 when I cancelled the rest of my lays and finished the match with a profit of £41 on the correct result.

So my day had finished with a profit of £343.