Moving Along

early days but a decent second day. Again I wasn't sure when I'd get a session in but woke up early. Suprising how bright you are in the morning when you've had a decent day the day before. So I decided to have an early morning session on the Aussie racing. It's just about late afternoon there so the horses are coming to an end but the trotting / greyhounds go on until just after midday our time. My take on aussie racing is a follows:-

Horses - very similar to UK racing both from the form and market perspective although the markets are nowhere near as strong. I personnally don't have a great deal of experience of reading the form so I stick mainly to the place market (backing and laying). The a forumite on Betfair called Da Judge is the one to follow so I tend to use his advice on the rare occassions that I do play.

Trots - I used to hate trotting races but have learnt a lot from the posters on the forum. Most of the lot of races have one horse at the head of the market between 1.5 and 3.0. I just take a view of whether it i a value back or lay in the win market. Betfair market tends to be a very good guide as to the horses chance so I watch that carefully whilst always keeping an eye on the tote.

Dogs - I have virtually given up with the UK dogs. There is no value in laying them and when backing you can have such a bad run. I just haven't found a system that works, which in a way is frustrating because there is UK greyhound racing for 11 hours everyday (11am - 10pm). Aussie greyhounds is a different ball game, up to 8 dogs in a race and very often a clear fav trading around 1.5 - 2.5 on Betfair. So I treat these races the same as trotters. Although the greyhounds is very much how the race is going to be run. So many races can be read by a quickstarting 1 or 8 box dog pinging the lids and gettting a clear run and winning by 8 lengths or so. Market liquidity can be poor but this can be played to your advantage as most of the money comes in the 30 secs before the off so a dog that should be 2.2 can trade at between 1.9 and 3 in a matter of seconds as the big players try to get their bets matched.

The only problem with playing the aussie stuff is you end up with two PnL's because of the way Betfair split your betting.

So yesterday I played the aussie racing in the morning for an hour and half and the result was

Greyhound Racing: GBP8.13 | Horse Racing: GBP122.31 Total P&L: GBP130.44

In the afternoon I played the UK horse racing and had a footie bet in the evening and made a nice profit too

Horse Racing: GBP88.45 | Soccer: -GBP20.00 Total P&L: GBP68.45

As you can see I have to obtain the PnL seperately.

I haven't posted my PNL as a jpeg today because it's just a bit of a ball ache to do and I'd have to do two. I'll probably just do that for weekly PnL

Anyway I made almost £200 in the two sessions which is a very pleasing result.

As we speak I have jut finished another early morning aussie session and made a steady profit

Greyhound Racing: GBP33.73 | Horse Racing: GBP62.73 Total P&L: GBP96.46

Will be definately doing a US racing session this evening as my wife is working.