jonjo Posted January 7, 2013 Share Posted January 7, 2013 I've been interested in trading in running for a number of years. Although I subscribe to a good Trading Service I'm attempting to develop my own strategy for in running trading on horses. I'm not going to try any fancy strategy with the aim being to win 30% per selection with a bonus should the horse go on to win its race. As an example Backing a horse at 7.8 for say £10 would leave me needing to lay the horse off in running at 6 to a stake of £13 to make 30%, but if I lay it off a little lower i.e. at 5.5 then the profit if the horse wins will be over £9. Today and the first selection is Big Mozza in the Maiden at Kempton, the filly improved from her first run to the second run and a decent showing again from the front should see us get our 30%. Backed at 9 and I hope to trade out at 6.4 in running. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 7, 2013 Author Share Posted January 7, 2013 Re: Trading Horses In Running Nice and easy trade here with Big Mozza being gambled on and reaching 5.3 before the off. 30% easily made, just a case if there is any win bonus at the end of the race. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 7, 2013 Author Share Posted January 7, 2013 Re: Trading Horses In Running In fact a price of 3.95 has been reached just before the off. A nice easy start to my Trading thread.:clap Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 8, 2013 Author Share Posted January 8, 2013 Re: Trading Horses In Running Tuesdays choice for a trade is Price of Dreams in the 3.15 at Leicester who was going well last time out before coming to grief when two lengths clear at the last. Still only a six year old and plenty of room for improvement. Currently trading at 7.4 which would leave a lay off price in running or before the off if possible of 5.1 to ensure a 30% profit if matched and 100% profit should he go one to win the race. 3.15 Price Of Dreams. Quote Link to comment Share on other sites More sharing options...
mister magoo Posted January 8, 2013 Share Posted January 8, 2013 Re: Trading Horses In Running A mate of mine in Ozz lays the leader in running at the 600m...dont know if this would work in the UK.. He sticks to the spacious, difficult tracks and has his price limits... his theory is that they always get run down........just thought Id mention it... Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 8, 2013 Author Share Posted January 8, 2013 Re: Trading Horses In Running Hi Mr Magoo, Its sounds a nice theory and may be worth looking into, perhaps on courses where it favours hold up horses. A lot would depend on the in running price of the leader at the 600 mark though, wouldn't fancy laying them at too big a price. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 8, 2013 Author Share Posted January 8, 2013 Re: Trading Horses In Running Prince of Dreams hit our required 5.1 before the off and then drifted out again. Another comfortable trade. Be better should it win of course. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 8, 2013 Author Share Posted January 8, 2013 Re: Trading Horses In Running Hit a low of 3.05 in running, placed but no win bonus. Still its another nice trade. Quote Link to comment Share on other sites More sharing options...
NeilM Posted January 8, 2013 Share Posted January 8, 2013 Are you just picking one a day that you've researched? Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 8, 2013 Author Share Posted January 8, 2013 Re: Trading Horses In Running Hi Neil, if I can find more than one a day I'll be happy enough, just depends on how much time I have. I subscribe to a good Trading Service but wouldnt use those ones for this thread. Any day that I've got the time, I'll try and find more than one. Are you a trader yourself? Quote Link to comment Share on other sites More sharing options...
NeilM Posted January 8, 2013 Share Posted January 8, 2013 Periodically- I've got a bit of an aversion to laying so have never bitten the bullet properly. I'm currently out of work so looking to develop a bot. I was specifically interested in why only one as in wondered if you had a profit target or goal and whether a one horse strategy was your preferred method of hitting it. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 8, 2013 Author Share Posted January 8, 2013 Re: Trading Horses In Running I dont have a target really, if I could find a dozen or so a day I would be over the moon, more the merrier to me. Having the time to find them is another thing. Good luck with your bot, how far along the road are you? Quote Link to comment Share on other sites More sharing options...
NeilM Posted January 8, 2013 Share Posted January 8, 2013 Playing around with spreadsheets and signing up for various free trials. I've got the skills to write a basic one and have taken a number of hints on it from the Betfair forum but it's very early days: I think my needs could be met by an off the shelf version at the moment and after a trial I can tweak things. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 9, 2013 Author Share Posted January 9, 2013 Re: Trading Horses In Running Today in the 2.40 race at Lingfield I've a fancy that Lincolnrose could be our trading horse. She has some poor form to her name but the combination of the all weather polytrack surface and cheek pieces have seem to have given her a lift the last twice where she has gone from the front and finished 3rd both times. Good draw today to attack and hopefully she will run well again. Backed at 7.2 with a view to laying off at 4.9 which would give us our 30% profit unless she wins when the profit will be 104%. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 9, 2013 Author Share Posted January 9, 2013 Re: Trading Horses In Running Drifted out to 10 and traded as low as 5.9 which was more than enough for a trade, not if you took the 7.2 though!!! Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 10, 2013 Author Share Posted January 10, 2013 Re: Trading Horses In Running Trading on thw ell handicapped Everbodyknows in the 2.25 at Lingfield. Taken a price of 19 and needing it to trade down to as low as 14 in running to make 30% profit or 105 should he win. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 10, 2013 Author Share Posted January 10, 2013 Re: Trading Horses In Running Everybodyknows traded to 5 in running for a nice trade. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 13, 2013 Author Share Posted January 13, 2013 Re: Trading Horses In Running Today's trade is on the all weather at Wolves. Verinco should be able to sustain the pace long enough to trade. I've backed him at 19 and need a lay off price pre race or in running of 14 to make 30% profit or over 100% should he manage to keep his head in front. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 14, 2013 Author Share Posted January 14, 2013 Re: Trading Horses In Running Verinco traded to 8.8 yesterday giving another easy trade. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 15, 2013 Author Share Posted January 15, 2013 Re: Trading Horses In Running A faller is never so good. Its a good job I adore horse racing....lol Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 15, 2013 Author Share Posted January 15, 2013 Re: Trading Horses In Running Mr Cholcolate Drop is a big price in the 5.00 Wolves, usually makes an effort in his races at some stage and his recent spin will have put him right. Backed at 30 and need to se his price drop to 22 to make a 30% profit or 145% should he win. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 15, 2013 Author Share Posted January 15, 2013 Re: Trading Horses In Running Mr Chocolate Drop hit a low of 20 before the off. Nice easy trade. Quote Link to comment Share on other sites More sharing options...
Primevil Posted January 15, 2013 Share Posted January 15, 2013 Re: Trading Horses In Running nice stuff, wd Are u looking at ALL races, ? Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 15, 2013 Author Share Posted January 15, 2013 Re: Trading Horses In Running It depends what you mean. If you mean do I trade in any type of race then the answer is yes, although I stick to handicaps in general. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 16, 2013 Author Share Posted January 16, 2013 Re: Trading Horses In Running Warbond in the 5.15 has been running fairly consistently of late and should go well enough to get us a trade today. I've backed him at 28 and need to see him hit a low of at least 20 to get 30% all green and if he wins its 200% all green. Quote Link to comment Share on other sites More sharing options...
jonjo Posted January 16, 2013 Author Share Posted January 16, 2013 Re: Trading Horses In Running Warbond hit a low of 18 before the race, drifted and then traded to around 20 in running :D Quote Link to comment Share on other sites More sharing options...
Elchubb Posted January 16, 2013 Share Posted January 16, 2013 Re: Trading Horses In Running I suggest you re-edit your post to tell the truth! Quote Link to comment Share on other sites More sharing options...
The Saint Posted January 16, 2013 Share Posted January 16, 2013 A faller is never so good. Its a good job I adore horse racing....lol What happened here jonjo? It's an area I'm interested in but alarm bells are ringing! What sort of a SR do u need to stay in front and I suppose most importantly, are u achieving it? I guess another concern would be an infamous exchange crash!! I note they had a big one on Saturday :(... Nice thread though - something different. Running totals in occasion would add to it tho. GL in the future Quote Link to comment Share on other sites More sharing options...
jayalexander Posted January 16, 2013 Share Posted January 16, 2013 Re: Trading Horses In Running I suggest you re-edit your post to tell the truth! Agreed! Need to use Betfair SP, imo, so that everyone has the opportunity to check the results and not rely on someone's dis/honesty at posting prices that may or may not have been available! Quote Link to comment Share on other sites More sharing options...
Elchubb Posted January 17, 2013 Share Posted January 17, 2013 Agreed! Need to use Betfair SP' date=' imo, so that everyone has the opportunity to check the results and not rely on someone's dis/honesty at posting prices that may or may not have been available![/quote'] Ain't got a problem with people taking early price, just with editing of posts to fabricate stuff. Like the saint said as well, a profit and loss round up wouldn't go amiss! Quote Link to comment Share on other sites More sharing options...
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