Sunday, 30 November 2008

The things an in-running player needs to know !



  • Every race course's characteristics. ie:uphill finish,long straight,short straight,position of the stall (flat racing), etc etc etc
  • Horses' running style. ie: strong stayers or weak finishers.
  • Jockeys' riding style.
  • How to read the pace of a race.
  • How to operate API like gruss, betangel, racingtrader etc,etc, API--stand for Application Programming Interface.
  • Trainers' habit of placing their horses.
  • How to spot non triers :-)

As for the racing today, i had a good win on the second last race at Kempton. Greed got the better of me and i went for a big win again on the last race,sadly, it didn't win :-(

Nevermind, as Gekko says in Wall Street---Greed is good

Saturday, 29 November 2008

Another tough day !!


Yesterday i started poorly then came back strong towards the end. Today was the exact opposite,kept making bad decisions towards the end of the afternoon races.
Well, making the right decisions is easier said than done, a new trader in our office made a bad call on the 3.05 Towcester and lost heavily. he stormed out of the office soon after.
In-running--it is certainly not an easy game.

Friday, 28 November 2008

Smashed my way out of trouble !!

What a roller-coaster ride !! How i got out the black hole and ended up winning i honestly have no idea !! Feel completely knackered now after a long day trading :-(
Hope tomorrow racing less stressful .

Thursday, 27 November 2008

Not trying hard enough ??

I have a horse to watch out for in the next couple of weeks - Right Option who ran at Taunton today. After held up right at the back,some twenty lengths behind the leaders,the jockey made a rapid move down the back straight and was just about a length behind the leader then with no apparent reason he swung the horse wide into the straight and finished a never near fifth.He looks a possible improver and should get a reasonable handicap mark over hurdles now. Let's just say he received quite a tender handling today! Looking at the P&L it is another winning day without being a 'belter'. The 2m5f novices handicap hurdle at Newbury was the race that cost me an arm and a leg :-(( Oh well mustn't grumble !!

Wednesday, 26 November 2008

British economy !


Just a short update today as I must study for a good day's racing tomorrow - 4 afternoon meetings including a good card at Newbury. As you can see from the p&l an average sort of day for me... but on hearing the news about MFI and Woolworths going under today I am relieved to still be able to make a good living from in-running trading !! The British and World economies continue to struggle but we havent seen any downturn in liquidity on Betfair. Long may it continue !!!

Tuesday, 25 November 2008

Max performance !!


As my prefer OS is XP pro, the recommendations here are based on XP system.
Right click the My computer icon from the desktop or from the start menu, then select PROPERTIES, then click Advanced, and you will see a Performance box, then click settings. you will see under the VISUAL Effects tab there are four options, by default the dot is on --let windows choose what's best for my computer. To get the best performance, you can check the adjust for best performance box,then click Apply. the computer will be grey out and look ugly:-), however, in this setting,the processing speed of your computer will be at its fastest.
Well, if you don't want your PC looks like a cardboard,you can tick the CUSTOM box,and then un-tick the top nine boxes below,then click Apply. IN this way,the PC still regains some visual effects but at the same time the computer will also get a better performance.

Monday, 24 November 2008

Is your computer really fast ??


To make money in this in-running game,apart from having good race reading skills and a bit of luck you need a half decent tool--the computer.
Hey that's easy !! some might say,just go to PC world ,give them a thousand pounds and buy the best one on offer. The fact is most people have little knowledge about computer,all they can do is to put the plug into socket and switch it on. The super computer might work well in the beginning, then after a while it starts running slow....Betfair not load up with IE , Firefox illegal scripts, Gruss freezes, refreshes fucked, etc etc ..
You know WHY !! A Computer is the same as a car, it needs configuaring and tuning !! In my opinion, a well tuned Mini Cooper can always out run a badly set up Ferrari in a sprint . So, to get the best out of your computer you need to set it up properly !! How?? tell you tomorrow :-)

Sunday, 23 November 2008

Carnage !!


Wintry weather had turned today's meetings into mud wrestling colosseums !!
The bad ground,coupled with the uphill finishes of Towcester and Plumpton,made in-running play very difficult !! Backers of 1.01s have certainly had their fingers burned,no less then four 1.01s were "Gubbed". Even the mighty Nina Carberry failed to win the last bumper race at Navan.one of my tried and tested system--irish meeting, the last race (bumper) , and Nina's mount (first or second favourite).

Saturday, 22 November 2008

A typical Saturday in a trading room !!


Five meetings,forty races,cramped into four hours of action !!
The frantic clicking sound near the end of the race,the moaning and groaning moments later, a punch up into the air at one end,a quiet celebration at one corner,an exchange of thumps up between two players...."Race off,channel 4" someone shouted !! everyone one picked up the remote, clunk,click,,paper flicking,headphones clipped back on ears....mice clicking...
Credit crunch, recession, no jobs.....who cares !!!!

Friday, 21 November 2008

Cool temperament needed !!


Another 'almost' day for me, the luck is not going my way at the moment but that is the way it goes. Sometimes when you play In-running,You can play well all day and then one mistake or a bit of bad luck can wipe out all your hard work. Overall I played well, but there is one blot on the p & l that stopped an average day being a good one. I saw Palomar making a bad mistake at the second last fence in the 1.50 at Kelso and was pretty sure that was him done for, so laid for more than 2k. Unfortunately for me, the horse survived the error and came back to win! Having also gone for a good win on Shoreacres at Ascot (caught late) I was now staring at a 3k loss for the day. It is best to try to remain cool at these times, as we all know, It is a marathon not a sprint in this game! So for the rest of the day I chipped away at the deficit and with the help of a good win on Issaquah at Kelso I got my nose back in front ! !

Thursday, 20 November 2008

A bad day !!


Nothing to say really,just one of those days !!
Hope i will have better luck tomorrow.
Anyway, need to study saturday's scoop six races now as i have formed a syndicate with friends trying to get that £4 million pot.Fingers cross :-)

Wednesday, 19 November 2008

In-running place market part 2



Further in-running place market hints:

  • The money in the place market is nothing like that in the win market. More often than not,if you take a view early in the race,you have to stick to it. As "greening up " is not always viable.
  • Know the Jockeys !! Jockeys riding styles can be misleading. Some sit there motionless but have little in the tank, while others will push their mounts along for a whole circuit and get them placed.
  • Know the colour !! Some Jockeys' silks are similar or with owners having more than one runner. As the camera more likely focus on the leaders towards the end of the race,you will only have a distant view of the place horses(especially over Jump racing ), So knowing the colour will help you back or lay the right horse.

Thats it for the IR place market, Good luck !!

Tuesday, 18 November 2008

In-running place market part 1


For many newcomers trying the in-running win market for the first time could prove to be a daunting task, therefore the place market is a good way of starting.You can learn many things that would be useful in the win market if you ever want to switch.Here are some hints:

  • Always check the rules concerning how many places Betfair are paying on 2,3 or 4.
  • Non-runners do not change Betfair's number placing like the traditional high st. bookies.
  • Any stewards enquiry or objections do NOT give you any chance of limiting losses ( green up or red up). but it is a rare occurence however.

will give some more advice tomorrow.

Betting wise,another frustrating day for me.kept getting one big hit for the past few days:-((

Monday, 17 November 2008

lost today:-(


Not a lot to say today-a bit of a low key Monday and a small loss for me .
Started badly laying A P Mccoy's winner,Pop ahead, at Leicester and one more mistake when i misjudged the Back in the red race at 3-40 at Kempton. I didn't think he would stay 6 furlongs at the pace he set, and he had never won at 6f before today's race.
Basically, i tried to be clever.

Sunday, 16 November 2008

Horses to note.


Finished last day of the November Cheltenham meeting on a high note.There are some notable performances emerged from today's card. Tatenen,made all the running and jumped really well to win unchallenged. Daimond Harry, won with plenty in hand despite running green. Punchestowns,won a competitive handicap with ease.
Other horses that can make you loads from the laying point of view are Mick the man, the ultimate bridesmaid and Bolodenda, who struggled to beat some trees after travelling well most of the way at Newcastle.
It goes without saying that laying horses with weak finishing kick when travelling well near the head of the affairs is one of the most profitable ways of making you loads of money .

Saturday, 15 November 2008

Moment of madness !

A Chinese proverb says " bad luck always comes in pairs". Guess what, after yesterday debacle at Cheltenham,today once again i dropped 2k in a sudden rush of blood !!
As i strongly fancied Pride of Dulcote to win the 3-10 at Cheltenham, and after seeing it jumped beautifully and travelled powerfully behind the leaders with three to jump,i decided to leave the bets open.Uncharacteristically, the horse made a mistake at the next hurdle and fell heavily. So from one moment i was counting the winning to next thinking about recoup the losses.
Without much thinking i thought the winner Fair Along would be struggled to get up the Cheltenham hill, so as soon as i saw Powerstation came with a strong run to close on the winner, in a panic second i clicked the preset one click button backing powerstation a few times too many :-(
Powerstation didn't get up and i lost a packet, to rub salt into the wound, my fellow traders ridiculed me all afternoon saying that powerstation would never get up even with a circuit to go !!



Friday, 14 November 2008

What a shambles !!!


There was a lot of drama in one of the televised races at Cheltenham and it proved costly for me. Dix Villez and jockey Davy Russell appeared to take the wrong course in the cross-country chase. I have watched these 'novelty' races at Cheltenham for many years and I have never seen a horse go inside the bushes that act as markers for the course. Therefore, I assumed Dix Villez was sure to be disqualified, So i laid the horse close home and I backed second placed Garde Champetre to win as well. Unfortunately for me, the rider had walked the course before racing and was told he was allowed to go inside the bushes. There was a Stewards Enquiry into the result but Dix Villez kept the race and I was out of pocket! I could have limited my losses as you can bet on stewards enquiries on Betfair but I decided to let the bet ride,because i thought the clerk of the course must have given the jockey the wrong instructions !! I'm sure the Cheltenham racing authorities will change the course layout for next year's race but that won't get my money back !!
This is British racing at its best--Jockey can take a short-cut to win races !!!

Thursday, 13 November 2008

Optical illusions


There are 60 race courses spread throughout Britain. To study each race course's camera angle in relation to the winning line and to find out what "stories" it actually tells might prove to be a time-consuming task.
To make the job easier and to get a better understanding from what you see from your TV monitor, you can group the race courses' camera positions into three categories, A: cameras placed before the winning line, B: cameras placed right on the winning line, C: cameras placed after the winning line.
Naturally, i am not going to give out my findings on the blog. However,if you spend some times to study each categories closely, i am sure you will be able to weed out the optical illusions and to read the races in different perspectice when close finishes are involved before the winning line.
Camera never lies....... I wonder

Wednesday, 12 November 2008

Camera never lies ??


Horse racing in-running betting has brought out many new ways of winning strategies,and betting on the photo finish is one of the many betting approaches that has captured in-running punters' imagination. At the same time, the various camera positions at different race tracks near or on the winning line have caused many problems for the inexperience in-running newbies-- with dire consequences :-(
Tomorrow i will give some basic advice on how to study camera angles close to the winning line on various race tracks.hope it will help some newbies save a few bob.
Betfair Api played up again this afternoon !! they'd better sort it out before the big Cheltenham meeting this weekend !!!

Tuesday, 11 November 2008

Betfair fooked


Everytime betfair did a upgrade the site will be fooked the next afternoon !! this time it was no exception. Gruss was unworkable during 1-30 race at Linfield, dropped close to £700 as a result. To make matters worse, i made the dumbest mistake of the year at 2-30 Lingfield, dropped 1k in the process !!!!
At the end of the day i managed to make a good recovery and limit the damage to £250 losses.
nevertheless, it was a frustrating day to say the least :-(

Monday, 10 November 2008

Race reading skills


It is a common misconception that using an in-running exchange shop like Elitebet is all about backing 1.01 close to the winning line or laying fallers.
To me, in-running is more like a chess game, layers and backers are pitting their wits against each other,whoever reads the race correctly will take the money.
The main reason why I use an exchange shop is that i want a level playing field against other exchange shop and on-course players , so i can use my race reading skills to maximise my profit.

Sunday, 9 November 2008

Smashed it !!

Again,the best saved until the last this afternoon !
But this time was about my biggest win of the day !! Don't wanna bore you with how i did it. see the action yourself !!!













Saturday, 8 November 2008

1.01 Beat


Big fields and soft ground made in-running trading very difficult for the final turf flat meeting at Doncaster.However,the most dramatic race of the day came at the last at Sandown. As the field raced into the last 2 furlongs, The horse (pepe simo) came with a powerful run to lead with one and a half furlong to go and looked at though it would win going away,however,as soon as it hit the front he veered violently to the left and lost all chances of winning and ended up unplaced in
the end (matched at 1.01 in place market ).
One of our fellow traders who specialising in
in-running place market managed to win a fair amount of money by laying the wayward horse in place market---big chunk at 1.01 !!!!
In this day and age, it pays to have the best gadgets at your disposal ! so when opportunties come up you can make the most out of it !!






Friday, 7 November 2008

New computers

Another satisfactory day, no big ups and downs. steadily grinding out a living :-).
Two more computers have been ordered today for our ever expanding trading office to meet the demands for an in-running terminal from pro traders.



Thursday, 6 November 2008

The peril of laying in-running

Everything went like clockwork this afternoon apart from the 2-10 at Haydock. When the field turned for home, i thought the leader Kandjar d'allier would swallow up by the chasing pack, as the horse hasn't won a race for two years and have shown its best form on softish ground, so i laid him accordingly. Needless to say, the horse won going away after the final fence !!!
Anyway, it was a satisfactory day for an average afternoon racing.

Wednesday, 5 November 2008

First Post


It wasn't a great afternoon, quite a struggle really. Decided to stay for the evening racing at Kempton and to do a bit of tuning up the computers in between races to kill time. Luckily,perseverance paid off and managed to make a winning day in the end !!

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