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Wednesday, 19 August 2009

Short Priced Dog

I was trading with a colleague yesterday - really good bloke who knows his racing (nice that someone does in the trading community!) . It was late in the afternoon and he recognized the 1/3 favourite in the next race "Always Bold".

He said it was a terrible horse and never found anything when under pressure. Sure enough it really didn't get anywhere near winning. The benefit for punters with a real shorty, is that other horses are pushed out in price before the race and also during the race if the favourite at least looks in control for the first half of the run.

Victory Parade eventually came home to win (graph below) . Needless to say we didn't lay the favourite or back any other horse!


posted by Betting Exchange Trader

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