Thursday 31 January 2008

Thursday 31st January 2008

When the Racing Post reports near gale force winds on course, I think it's a day to keep your money in your pocket and just watch the racing (not that I can, there's the little matter of work that gets in the way.

I will see if the weather is as potty at Wolves tonight and if it has calmed down I have a few selections but at this stage today is a no-go for me.

Wednesday 30 January 2008

Results - 30th January 2008

2.25 Lingfield Convallaria £100 @ 5.10
Finished unplaced at SP 7.50 (15/2), so again a nice lay well below SP

3.55 Lingfield Claret and Amber £100 @ 4.30
Finished 2nd at SP 4.00 (4/1). A close finish, slowly away but finished well, beaten by a neck, but a loser is a loser.......

Profit for the day £196
Strike Rate 3/3 100%
Running Profit £294

Wednesday 30th January

2.25 Lingfield Convallaria £100 @ 5.10
3.55 Lingfield Claret and Amber £100 @ 4.30

Tuesday 29 January 2008

Results - 29th January 2008

Ginger Princess finished second at a Starting Price of 5.50 (11/2) so the lay at 4.90 was successful and at less than SP which is a bonus.

Profit for the day £98
Strike Rate 1/1 100%
Running Profit £98

Tuesday 29 January 2008

You can't make money from racing ? Oh really ?

We are in the 21st century, the age of internet gambling, person to person betting exchanges, online poker, super casinos. A bet can easily be placed on everything from celebrity wallpaper hanging to whether Paris Hilton will be arrrested for drink driving in 2008. Mums are playing online bingo while the kids are at school, office workers are skiving off in their thousands to play online poker or 'play' on the betting exchanges and city whizz kids spend their spare time spread betting.

Despite this brave new world of gambling liberalisation, with its almost total acceptance by the mainstream media, if you mention in conversation that you make money from 'laying' horses on the betting exchange you receive quizzical looks and an assumption that you are somehow doing something underhand or downright daft.

"Who tells you they won't win?"

"Is there something dodgy in it ?"

"You can't make money from racing! It's a mugs game isn't it ?"

With discipline, decent statistics to base selections upon and a fair bit of time investment you can make money from racing. I decided to start this blog to prove that it can be done. I will lay my selections to £100 stakes and post up a running profit and (heaven forbid) loss. Commission will be deducted from winnings 2% using the Betdaq betting exchange.