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Old 22nd November 2006, 08:28 AM
thevancer thevancer is offline
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Join Date: Nov 2006
Posts: 41
Thumbs up UK RACING

GOOD MORNING TO YOU ALL!

Please forgive me if anything I say below is obvious to you all, I am only trying to help!

Young buck,

Interesting! I have a very similar strategy. I look for false favourites that I believe are maybe a bit too to short in the betting. Usually under $3.00. Maidens, 2yr olds and novice hurdles and condition, listed, and group races. I also have been laying greyhounds with good success too.
Well done with your results though, 16 successful lays, awesome!
Like you, its suits me to do the form in the evening and I can usually get a good bet on before it gets to late. Keep up the good work yourself and thanks for your good wishes!

Mark,

I have been doing the Uk races for about 18 months now and I now do it full time. I avoid the Betfair forum and I dont post on it. I am a bit wary of the betfair forum. I sometimes look through it for topics of interest, but if I do have a query, I call the betfair helpdesk (very friendly and helpful).
I also belong to a few good UK forums and I post there. Ive picked up so much good info. and learned so much. I have found the pommies to be very helpful and prepared to share their ideas. Just like this forum.

Michael,

With practice and experience it can be relatively straight forward to make money on the UK racing scene! But it is not as easy as the many ads on the web make out. Do what you have been doing on the OZ scene successfully and you will be fine.
By the the time the UK bookies release their prices I have found it has little impact on the betfair market.
I do get a good idea of which way the market will go though. Because if there is a greater amount of money waiting to be matched, for example, on the lay side rather than the back side, then generally through " weight of money" the price will be forced down, that is more punters wanting to back the outcome than punters willing to lay an outcome. As such, you can back the horse at the prevailing price and if you predict correctly the price will shorten, it will provide you with a zero-risk opprtunity to lay your bet back. And vice versa.
I am a layer but I am becoming increasingly aware of these trading opportunities to make risk free money as they do happen quite often.
Our racing is similar to theirs however they do have a lot of jumping events. The main differece between us and them with regard to betfair would be that due to the high liquidity you can lay a horse on the Uk, hours before a race starts at a good price. I have found that with liquidity on the OZ racing being poor until 15 minutes say, before the starting time of a race, you have to bet on your computer throughout the day to lay the runners.

Hope this answers your questions.Cheers everyone and have a good day- keep the questions coming,

Vance.
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