In-Play Videos
I've put together a few videos from last week - they pretty much follow on one after the other starting at the Catterick meeting. Looking at them I have just realised you wouldn't know that because the viewing /recording window is pretty small to keep the file size down - so the race detail is lost.
Although I know the races I was trading in - of course the names of the horses aren't visible! Put it down to an amateurish start. I will try and address this next time. But in essence it is the principle of quick profit I am trying to show here - so the race meeting and horse are largely irrelevent.
Under normal circumstances I would stay in the trade for longer - I just wanted to show what can be achieved in a short space of time during a race - for those that prefer scalping.
There are a few notes under each video. (Apologies, for some reason video windows seem be duplicated).
Catterick 14.10. I only managed to get just over 8.00 GBP matched here. But the horse never returns to the price at which I layed - so happy enough.
In the 14.30 at Exeter I back Royal Charm. I like the way he's travelling but this is a Novice Hurdle so there are often a few scares. He didn't jump too well three out and you can see that briefly reflected in the price. In the end I trade out before he clears the last hurdle as I lose a bit of confidence in his jumping.
This just shows a 'no trade'. Sometimes you just have to wait for another opportunity. 'Never force it if it isn't there'.
Kempton 14.50. Chosen Son is the horse I have layed. He got 'lost' at the start and never really recovered. I should have been in earlier on this one - though profit is virtually instant.
Exeter 15.00. Mahogany Blaze is the horse I have traded here. It's an interesting one because I trade out (again for the puposes of this video) and the horse nearly comes back to win. When I bet my horses I do it because I feel I have spotted something that tells me 'it's going to be hard for this one to win' or 'that one is likely to win' so the price does not always concern me - often I stay in the trade and take the hit if I am wrong.
I could not get the Kempton 14.20 to load. I layed a horse called Femme de Fer. This produced a 30.00 GBP profit.
Despite the early success above - from memory the day actually ended up scratch! By using reduced stakes for the videos and trading out of positions to show what can be done - I relinquished a lot of profit and with the end of the day not being productive to normal/bigger stakes - you can understand how this occurred. However I was prepared to accept this / set this day aside for the blog.. :)
If you decide to trade in play - it is a good idea to be consistent in your staking - certainly to begin with.
posted by Betting Exchange Trader
