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Connecting to your VPS on Mac

If you are using an Apple Mac and Bet Angel via a VPS, a Virtual private server, then you will need to go through the following steps to connect to your VPS via a mac.

Connecting to a remote server

A virtual private server, or a remote server, is a fancy name for a PC which, rather than being on your desktop, is located in a datacentre. The server acts and behaves, in general, like a normal Windows PC and can be used as such.

You can install & run any software on the remote server, just like a local PC. You can also browse the internet and perform other functions on the remote server. Therefore, once connected you can use it just like a normal PC.

There are some differences in terms of the way a remote server is managed, these are different to a normal PC. So it is recommended that, if you have never managed a remote server before, you leave the settings as you see them when you first use the server.

You need some RDP client software

To connect to a remote server, you need some client software to RDP to the server. This sounds complicated but is very simple, it’s just that the technology industry likes to use fancy names to describe simply processes.

To cut through the gobbledygook, you are the using the client software. You will connect to the server. You do this via some RDP software. ‘RDP’ stands for remote desktop protocol and this is the way you receive information from the server.

The way this works is rather clever. Rather than transferring large amounts of data between you are the server, the RDP client just uses image changes it can see on the server, compresses them and sends them to your software for you to see what is happening on the server. This means it looks and feels like you are using the server, but in fact it’s all taking place remotely. When you move your mouse, it moves on the server and so on.

Downloading some RDP software

There are lots of choices of remote desktop software for the Mac. If you go to the App store and search for ‘remote desktop’ you will see plenty. We recommend starting with Microsoft Remote Desktop as it’s easy to use, and free!

Download and install the software and following the remaining steps to connect to your server.

Setting up your remote desktop software

Start up your Microsoft remote desktop software then go to preferences to add a user account. Most VPS’s are set up with Administrator accounts to start with, but you can change them later. Initial set up will always require an ‘Administrator’ account so add a user account and then enter that as the username.

Connecting to your VPS

Once you have set up your user account you can now connect to the VPS. To do this you need click on the ‘plus’ sign on the top left of the remote desktop app and select the option ‘Add PC’.

Once you have done this a new window appears and asks for additional information. Here you need to enter the IP address you have been supplied, select the user account you want to use ‘Administrator’ in this case. Then you can give the server a ‘friendly’ name. This name is something you want to call your server, something you recognise, rather than just an IP address.

When you have entered these details you can save your session settings or choose from additional options which we will list below.

Additional remote desktop options

There are additional options you can choose to modify how your connection performs. Generally speaking, most of these are unecessary.

But when we connect via this method we prefer to see each session in a full screen and also to allow the clipboard to also be used. This makes it very easy to copy and paste files between your local computer and the remote computer.

This makes installation or new software or files easy and also allows you to you easily copy data that you may have stored on the remote server.

You are nearly done!

Once you have performed all the above steps you will find an icon appear on your remote desktop app. Double click this icon and will ask for the password and you can log in, or you may get a certificate warning.

This looks like a stark warning, but what it is trying to tell you is that it doesn’t recognise your server and is it OK to proceed? You can click on the “Continue” button if you wish, but we suggest changing the certificate.

In order for you to be able to login to your server without getting the warning. Click on the ‘Show certificate’ button and select the ‘Always trust’ tickbox. This will ensure that the next time you try and connect to the server, your computer knows it’s OK to do so.

Click on the continue button once you have done this and you will connect to your server.

You should now be connect to the server, enjoy!

The post Connecting to your VPS on Mac appeared first on Betfair trading blog | Expert advice from Professional Betfair trade.

Trading ‘Normal’ Horse racing markets pre-off

Just an ordinary day

Back in 2018, I recorded what an average day of trading was like and I wanted to go into more detail within this blog post.

Let me set the scene for you, it was a Monday after Cheltenham and I did some horse race trading in the sort of the manner in which I would expect. I didn’t go massively aggressive and I went a bit cautious as I was filming a video (which I’ve linked above) about my daily trading. This was also a Monday, the lowest day of the week at ta weak time of the year.

I felt this would be a example as it wasn’t a stand out day and would show what your key objective is when Betfair trading pre-off on Horse racing. It’s easy to get excited by some of the massive totals I pull in at major festivals, but the day to day stuff is less exciting, but a good example of what your true objective it.

There are tons of these sorts of days on the racing card over the course of a year, but fewer big race. So how did it go…? It went okay actually!

Results : Trading pre-race on Betfair horse racing markets

So I fired up my favourite Betfiar trading software and I traded 19 races overall, I lost on 3 of those. I was able to contain the losses on those two quite tight numbers. I did okay on all of the rest of the races from 16 to 19. This resulted in a strike rate of about 85%.

Now, as I’ve said in the past, I’m quite likely to get a strike rate where on 7 or 8 out of 10 races I’m able to lock in a profit and I’ll lose on the others. That’s sort of the natural progression that I’ve seen over a long number of years. I go into each day expecting to lose 20-30% of trades.

So the strike rate, the rate at which I have a winning trade, was about what I expected. It was probably slightly higher than I would have expected. I would have imagined that out of 20 races maybe to lose 4 to 5 races. The fact is that I actually managed to do a little bit better on that front.

What I achieved on a normal Monday back in 2018

Winning long term is about a balance of profits and losses

If you look at the average amount of money won in the image above, you can see that I’ve won, on average, a reasonable amount. The average win per race was around £14.

My average loss was absolutely tiny and that’s typically not that unusual for me, I try hard to limit losses and expect profits to occur. Although I have to say, that when I was doing it I knew that I was going to post a video about it so it’s probably a little bit more cautious than I would typically trade!

When I’m at a big meeting, it’s all about throwing as much money at the market as I possible can in a measure and safe manner. When I am in these ‘normal’ markets, then I tend to be a little bit more defensive. As I knew I was going to record a video on it and I was going to publish the results I was extra defensive, so I probably could have maybe made a bit more money if I would’ve traded it more aggressively.

I was just trying to go for a nice, neat result. It’s funny because even I suffer from performance anxiety and everybody suffers from performance anxiety, especially England footballers when they’re about to take a penalty.

I was still able to trade fairly effectively, but maybe I could’ve probably pushed a little bit harder… However, even if I would have gotten bigger results it would also most likely result in a few more losses as well. But as as the day progressed, I just kept things neat and tidy and it is my bad for not pushing as hard as possible!

Hopefully this will give you an illustration as to sort of what you expect to see on everday.

What would I expect from ‘normal’ markets…

Where there is volume, liquidity can also appear and when you get a nice combination of these two I can really produce some spectacular results. However, more normal markets are much less exciting and trade in a different manner.

From the day to day to racing markets I would expect: –

A) More losses.

B) For them to be slightly bigger.

However, on this particular day, I was reading the market pretty well. I slotted into the zone fairly quickly and was able to find reasonable entry points in most of the markets. This is what accounts for the lack of losses and also the size of them, which is very small.

Typically, that’s not normally the case and I’m guessing I was influenced by what I wanted the outcome to be. But it panned out pretty much the way that I expected and laid out in a past video on ‘My strategy for trading ‘normal’ horse racing markets.’ (https://bit.ly/36Oe6wn)

What do you need to look for when trading any market?

Generally what you’re looking at when you’re looking for long term profitable trading is 3 different things.

  1. You’re looking at a strike rate.
  2. You’re looking at how much you win
  3. Finally, you’re looking at how much you lose.

You maybe thinking, well, isn’t that like just one trade? Typically not, because if your strike rate is very high, then it’s possible that when you actually win, you can win much less than you lose.

I know that sounds a little bit odd, but it’s true. Basically, the higher your strike rate is, then you don’t have to go for as much profit and when you get losses, they can be a little bit bigger as well.

If your strike rate comes all the way down, then that equation changes significantly. So typically, the perfect scenario would be a very high strike rate. When you win, you win decent amounts and when you lose, you lose almost nothing. This is what I managed to achieve on this usual day, but that’s not the norm. The norm is a balance between all of those three things.

Why keeping records is important

When I’m looking at record-keeping that’s what I tend to monitor and keep checking back when I’m looking at. I make a note of these key metrics: –

How often do I win? How much do I win? Then that itself will actually tell me how much I can afford to lose… Of course I measure losses as well, but one part of that trading equation will set your objective for the other.

That’s pretty much where I started trading from. I would go into the market and actively trade it to figure out what my general loss was. Then I would think, if I’m losing this much, then I need to win this much on average and my strike rate has to be around here.

Understanding your Strike Rate and Betfair Scalping

Strike Rate – the percentage of trades that you win against the percentage that you lose.

– Definition of strike rate

Scalping is a trading style that specialises in profiting off small price changes, generally after a trade is executed and becomes profitable.

– Definition of scalping in trading

When I’m talking about strike rate, it’s predominantly defined by how good you are at picking positions within the market. However, you’ll be surprised because some of it is dependent upon the level of trade. So if I go in and I scalp a market, for example, I’ll get a very high strike rate and that’s because when you look at how we see the market trading, it basically moves in small, bumpy lines.

Therefore, if you put two orders in, you’re going to get both of them filled reasonably quickly and you will get them filled with a high strike rate. It doesn’t matter if you start with a back or lay bet, they will fill very often if you put them only one tick apart. Prices move up and down a bit and take both prices out.

For example, if you go for a move that’s less than 5 ticks then your strike rate should be generally high. That is unless you exit the trade very quickly, because then what happens is then you negate your long term profit immediately by lowering the strike rate, cutting out the position too quickly before it’s matured for a profit.

So if you are scalping and going for a one tick profit and a small price movement you’ll probably get that quite frequently. But if you’re going for a larger move, then the larger the move you go for, your strike rate will fall.

However, the amount of profit you get from that move will be quite high. So it will offset losses that you make when you get that wrong.

So typically, if you’re scalping, you want to put a trade in the market, while you have a very high strike rate, but you’re limiting your potential profits to one. So that effectively frames the amount of profit that you can afford to lose. So scalping becomes entirely strike rate dependent.

However, if you’re doing a large trend or a swing trade, then what you’ll typically find is that you’re going to have a very large move and your strike rate could be a little bit lower. But when you get into one of those trades and you realise that it’s a mistake, if you dump that position reasonably quickly, then your strike rate will go down.

Remember, when you catch those big moves, as long as you’re getting into the market at a moment when there’s big moves are likely to occur, then that will more than offset your lower strike rate and the more frequent losses that you’re getting.

This is a strategy you would necessarily apply if you’re trying to catch a large move within the market.

There’s a saying in the stock market which is to “cut your losses and their profits run.”

Strike rate can be defined by how much money you’re asking for. If you’re asking for one tick, a straight rate is going to be high. It should be high because if it’s not high enough, you’re not going to make money over the long term.

However, when you’re looking over a much bigger move, you can afford for a strike rate to be a little bit lower. But for your losses are going to dwarf the amount of times that you get it wrong because you go into the market and you realise you made a mistake, dumping it, trying again and then eventually the move occurs.

Successful trading is all about the combination of all those things.

Analysing your trading

So when I am approaching any market I go into the betting exchange that I’m using and I’ll download a spreadsheet of all of my activity over that particular day. I’ll then arrange that spreadsheet in such a manner that it shows how often I won, how much I won, when I did win and how much I lost when I eventually lost. You can see I have done this on this occasion.

This gives you an idea about how you’re operating within the market. If any of those numbers are out of kilter, then you know what you have to address.

If your losses are too big and probably you’re not getting into the market at the right time or you’re letting those losses run for too long. If your losses are small and you strike rates reasonable, but you’re not really making much, then you probably need to let those trades run a little bit further.

So it’s the interaction between strike rate and the win and loss value that defines whether you trading successfully or not.

If you don’t keep any notes, then you’ll never know what’s generally going wrong. Is your strike only 30% or is it 70%? How much are you winning in proportion to how much are you losing? That will guide you in terms of what you need to adjust in your particular trading.

An under-rated trading skill

With my example trading day, I traded 19 races. I skipped a few of them because that was the easiest way to avoid a loss. I just looked at them and I just couldn’t see an opportunity, so I didn’t trade them. This is an underrated trading skill.

Skipping races can be for any reason, you could be in a market that you recognise, but nothing happens or you could just look at the market and say, well, I don’t know what’s happening and therefore the best thing to do is to avoid it. Too many people get involved in a trade simply because they want to make some money and they don’t think through whether there is an opportunity to do something there or not.

Trading non-feature meetings – Summary

So all the above is typically what I’ll sort of be doing around the weaker parts of the card and the weaker parts of the week at certain times of the year. As the quality improves, then I get a little bit more aggressive and those numbers begin to rise. So I’d summarise by saying, I trade fairly defensively outside of major horse racing meetings.

In general, I’ll lower or increase my stake according to what I expect to see, according to how I expect to trade and exactly what I’m trading. You can see that in comparison by looking at the results I can post in a major meeting and then how everything drops down as we move back into more normal racing.

The simple fact is, that P&L from my example trading on an average day of trading on a Monday, is what’s going to make up 80% of the year and the remaining 20% will be much bigger opportunities at bigger events, on bigger days, at bigger races and so on. While these days are small, there are more of them over the year.

I hope that that’s given you an insight as to how you’re likely to trade and what you’re likely to see, and how trading an average meeting is different from a major meeting. Failing to adjust your trading style between meetings will mean that you can’t manage your risk effectively.

This should also show you how important it is to monitor your trading stats. Doing that will allow you to trade and adjust to different trading markets effectiely, allowing you to acheive long term profitability.

The post Trading ‘Normal’ Horse racing markets pre-off appeared first on Betfair trading blog | Expert advice from Professional Betfair trade.

Super Fast InPlay Trading with Bet Angel

In-play is all about speed and reaction

If you trade any sports in-play you will know speed and timing are two of the most important requirements, especially in the more volatile, faster-moving in-play sports like horse racing markets.

Being one of the fastest here will often mean the difference between a strategy being profitable or not, so having the best possible in-play trading tools to is an absolute must if you are to stand any chance in today’s highly competitive markets – and Bet Angel has just the tools and features to do the job!

By combining two of Bet Angel’s tools you can give yourself at a considerable speed advantage over other traders. The two features I’m talking about here are Bet Angel’s keyboard shortcuts and Bet Angel’s Servants. If you’re not already familiar with servants and their power have a read of these blogs.

What are Servants and creating your own Servant

Combining two amazing features

Despite how flexible and fast servants are. Lots of people are unaware they can go a step further and gain a little more speed by assigning their servants to keyboard shortcuts key of your choice, then if you have a gaming mouse or pad you can map those short cut keys to buttons of your choice.

This will put all the speed and power of a whole army of servants at your fingertip – literally!

For anyone not aware a Gamer mouse or pad is as the name suggests designed to help hardcore gamers play their favourite PC games and give them an advantage over their opponents. In recent years they have also become popular in other industries like video editing by eliminating the need to keep searching and reaching for specific keys on their keyboard to perform tasks and actions. Gamer mice or pads usually has between 6-18 buttons all grouped together so you can quickly and easily issue your commands normally invoked by a keystroke.

From a trading perspective and when using Betfair trading software like Bet Angel we already need to move our mouse around the screen to perform a number of actions and that’s before even placing a bet or trade.

Now imagine being able to do things like open advanced charts, switch settings/layout profiles, launch Soccer Mystic or Tennis Trader, open Guardian, switch to the next market etc all just by pressing one of your mouse buttons and without the need to move your mouse anywhere – OK having the speed to easily perform these sorts of actions isn’t going to enhance your trading much but it’s still an handy thing to be able to do with any spare buttons you have left after assigning the more important task of placing trades and bets.

How to beat other Betfair traders

Imagine your trading in-running and spot an opportunity, something like a runner merging from the field or making head way and the price begins to rapidly start shortening.

To get on this you first you need to move your cursor to the right runner and then the right price or area if using the in-play trader, then finally you can click your mouse to place the bet which at best will place just be a single bet or maybe a bet with offsetting and greening if you’re using trading software.

Now take that same scenario if your using Bet Angel. You just need to see the first signs a runner is or is about to start merging from the field and begin shortening in price. You can do this without even needing to take your eyes off the live video and without even needing to move your mouse cursor.

You can just start a servant with the push of a button that will find the selection, be able to place your bet, and not only that but it could place a spread of bets each with different offsetting commands with closing and green up bets to follow, or even place bets on one or more other runners at the same time.

If you see something change and want to pull the plug with the push of another button you can cancel that servant and green up any positions it may have already opened – again without needing to scramble around the screen looking for the cancel button then the green up figure to click on. Those vital saved seconds are often the difference between a profit and a loss.

Until the day arrives that we get the ability to place trades by thought control, like Clint Eastwood had in the cold war movie ‘FireFox’, this is the fastest possible way of submitting bets and trades into any Betfair market.

How do we set this up?

You will need a servant to perform the specific task you want it to do. I’m not going to go into the details of creating one here but there is a separate blog on creating your first servant which you can read here.

Or you can download and adapt any of the dozens of ready-made servants from the shared servant’s section on our forum.

For the purposes of this example I’m using an existing servant I’ve made called ‘ASC In-Running emerging Runner’, when started it basically looks to find and back ANY runner emerging from the field with a few bets spread between at best and reverse price using various fill/kill times, depending which gets matched it will then attempt to offset some while keeping others as open bets.

At the same time it will check for and lay any other runner that was a clear favourite but is now drifting out giving me multiple entry points on multiple runners for the same situation from just one push of a button.

Creating a Keyboard Shortcut

To assign a servant to a shortcut key of your choice couldn’t be easier, begin by going into;

Settings > Behaviour > and select either ‘Create New Profile’ or ‘Edit’ an existing profile if you already have one, see image below

Once the keyboard short cut editor window opens, click the green plus icon in the top left corner then from the ‘Shortcut Category’ menu list select ‘Automation Servants’ then below that for the ‘Short Cut Action’ select ‘Start an Automation Servant’ and then select the servant you’d like to assign to a key from your list of saved servants that will appear.

Next just click the ‘Capture Next Keypress’ button and press the key you want to assign this servant to, in the image below I’m about to assign my Servant named ‘ASC In-Play Merging Runner’ to my ‘A’ key.

If you have more servants you want to add to additional shortcut keys then continue adding them in the same way, below for image purposes I’ve now created shortcut keys to start 5 different servants and assigned them to my ‘A’, ‘B’, ‘C’, ‘D’, and ‘E’ keys.

Remember Starting a Servant is just one of over 100 different types of Bet Angel actions you can assign to any key of your choice, then map anyone of them to a gaming mouse/pad so it’s well worth having a look round, you’ll be amazed at just what actions can be invoked from a shortcut key and button on your gamer mouse/pad.

Once that’s done just click ‘Save AS’ (Disc+ icon) and give the keyboard shortcut profile a name or just click ‘Save’ (Disc icon) if your editing an existing saved profile.

With a market now on your ladder or one-click trading screen you are now able to start that servant just through the push of that key and if you have a gaming mouse or pad you can map those keys to a button of your choice, (your mouse/pad will have come with instructions on how to set this part up).

You are now ready to go!

I’ve got my trading screen set up watching an in running race with live pictures on another screen. It doesn’t matter where my cursor is pointing my thumb is poised over the mouse button ready to start my ‘emerging runner’ servant and I’m just concentrating on the live commentary and in-play trader window waiting for the right time to press it. When I do the servant will do the rest.

All I need to do now is continue listening and watching the race unfold able be ready to start another servant that will cancel and green up just as quickly if things suddenly change.

More Servant Control

In the above scenario I used a servant that was applied to ANY runner meeting the conditions I’d set, I could also of applied it to a fixed runner/s ie, the fav, a servant doing that dosen’t require any movement of the mouse – only the press of a button and it will do the rest.

However as you should know when creating a servant you have a series of options within the rules editor called ‘Servant Context’ which gives you additional flexibility and even more control when creating a servant over a full automation rule. It basically means you can defer things like the stake, price, selection etc and use the position of your mouse cursor at the time of starting the servant to dynamically set these. Ie, if using a rule Applied to ‘Servant Context Selection’ the servant will trigger on whichever selection/runner your cursor is hovering over at the time you press your key/button to start the servant.

Obviously, this will require a bit of mouse movement, so some speed will be lost but its still far faster to get your cursor over a selection or price (if you can’t already do it in advance) then hit the appropriate key or button to unleash the servant to do the rest than scrambling around all over your screen placing bets and doing tasks click by click individually.

So if you want to know how to beat other Betfair traders to an in-play trade, there is how to do it!

The post Super Fast InPlay Trading with Bet Angel appeared first on Betfair trading blog | Expert advice from Professional Betfair trade.

Trading horse racing – Which are the best markets?

I’m predominantly a pre-off Betfair trader on horse racing markets. I cover many sports, but due to the massive number of horse racing markets and their aggregate volume, my favoured Betfair trading market is horse racing.

If you follow me on social media you’ll see that I often tell you what meeting looks good that day or tell you the certain characteristics that are coming out of the markets, anything that I think is of interest!

This is an important part of the trading process when you are looking at pre-race trading. You are examing the betting markets on the Betfair exchange and trying to understand which ones are most likely to throw off the most favourable trading characteristics. Whether you are scalping or swing trading or deploying any type of Betfair trading strategy, knowing where the money is going to be is a key skill.

Therefore, I thought it would be worth showing how I set up and how I assess the day when I begin trading. One September I did a video talking through this and thought I would expand this in this blog post.

Big meetings are the best… or not?

Let’s first start with an example, in this example we’ve got the St Leger running today and Doncaster is the focus meeting of the day. So you would assume that Doncaster would probably be a better meeting to trade, right?

The reason that you could say that is that you know this is where there is a lots of money coming through the market and this tends to produce more favourable characteristics from a trading perspective. However this is not always the case…

Sometimes when you look, for example, at meetings at Cheltenham or some of these really big meetings, there’s so much money that it just swamps the underlying activity on the market. So there is a balance to be had.

In a ‘big’ market price movements will, typically, be small. So the opportunity to lock in a profit would coming from a small price move, you enter and exit the trade fairly quickly. But in lower quality races the move is likely to be much bigger.

One of the skills that I’ve picked up as a trader is I can pretty much turn my hat to anything. If you get a big market with huge liquidity, I’ll adopt a trading style for that. While if we get a really poor, low quality market with low liquidity and higher volatility, then I’ll change my trading style to adapt to that.

Adaptability – a valuable skill

When I first started trading, I’d go into every market and use the same strategy or I would simply sit and wait for the perfect opportunity. But the problem with this it that doesn’t maximise your potential in the market.

One of the ways that I’ve grown to be as big and as capable as I am is being able to flip and flop styles left, right and centre. Which is my advice to the most effective way to trade.

Bet Angel was designed to be Betfair trading software that covers whatever trading style or strategy you wish. So whatever you want to do, we have created a feature to help you.

However, when you’re starting out you’re going to have to start from some base. You practise a strategy, you become good at that and when you’re comfortable with that strategy you can branch out. You’ll probably find it only works in one in five markets or maybe even less depending on what you are trying to do.

But once you have mastered one straategy, this will then encourage you to start looking for other opportunities and different ways of trading these other markets. As I’ve said before, and I’ll say it again:

For every market, there’s a strategy and every strategy, a market. Your role as a trader is to match those two things together.

Therefore, the point I’m just trying to make here is that you can trade every single market, but every market has a correct way of being traded you just may not be able to do it and some will be much harder than others.

How do I make the most out of a market?

For this example I will assess all the best and worse races on the cards, which also happens to include the St Leger. I would be amazed if I don’t make money on the the big race of the day.

It’s just a question of how much, it could be £5 or it could be £500, I’m hoping it’s going to be five hundred! But you can’t specifically tell until you reach that market. However, you can look at the markets and make some broad judgement on what you think is going to happen within the markets and where the most of the betting activity will be over the course of the day.

Let’s go step my step how I would approach this market. This example is quite interesting because of the mixture of meetings that we’ve got going on in this particular day.

So what I do before the session starts is to follow my well-practised daily routine. I fire up Bet Angel put all the markets into Guardian and have a quick assessment on what’s going on within those markets.

How to change the refresh speed

In this example, we are going to look at the UK and the Irish racing. I’ve added the markets to guardian and you can see in the image above, that at the moment we’ve got it on a one second refresh. So it will just gently populate the markets. To speed this up it is simple, all you need to do is change the refresh rate and you will see all of the markets are active and presented to you.

So if we go down this list, we can see we’ve got Chester, Chelmsford, Listowel, Doncaster… there’s a lot of races on today! That’s the first assessment you can make, you can see that Chester goes off at 13:30, 10 minutes later we’ve got Chelmsford, then five minutes we’ve got Listowel, then five minutes after that we’ve got Doncaster than five minutes after that we got Lingfield etc.

It looks like it’s going to be a crazy day with lots of races happening left, right and centre!

When I look at this card, I’m thinking, ‘well Listowel is in Ireland, it’s over jumps were at the tail end of the summer’ (this example is from September), so the problem is that it’s going to get no focus at all, being in Ireland with jumps it contains characteristics that don’t look particularly suitable. I’d be surprised if we get any significant volume at that particular meeting.

Highlighted in blue is the Listowel race and the Doncaster Race

Trading the big race of the day

If we look at the volume at Listowel, you can see in the image above that it’s around 12,500. Then if we look at the volume of the Doncaster race you can see here there’s 170, 000 vs 12,500 at Listowel.

So which one would you choose?!

Would you go for 12,500 at the Irish jumps meeting or would you go for the St ledger meeting on a Saturday? I think that’s fairly obvious which one you choose to go for! Because of this I will probably skip Listowel today, especially as it’s going off just before Doncaster which is which is our obvious focus today.

Let’s also look at the image below at the volume at other races, looking a Lingfield which is after these races and you can see that’s pretty low, Bath after Lingfield is even lower. You can see that this pattern of behaviour continues during the day.

You can see we’ve got Chester, that looks pretty good, as well as quite a bit of activity at Chelmsford already. You can then see it dips when we go to the Irish jumps and then there’s a group two Doncaster so there’s lots of liquidity there.

So you can see there’s races about every five minutes today, so realistically you’ll probably get pretty tired if you try and trade every single five minutes.

You need to also remember that some of the races will go off late and they’ll clash with other races which will take and that will take away some of the volume. However, you can see there’s a pattern beginning to develop there.

The St leger race highlighted

The big race of the day is the St Leger, which we can highlighted above. You see that £600,000 has been matched in that market already, which is huge!

So as we get closer and closer to the St Leger I will turn my attention to that particular race and I will probably do that about half an hour before the race is due to get underway.

Now, most of the liquidity won’t arrive in that race until we get a little bit closer to the start, so because of that I will carefully monitor it and I may actively start putting trades in around 15 to 20 minutes out, but then I will trade it quite aggressively as the volume begins to flow in.

Looking out for clashes

Let’s look at the other races around this time, here we’ve got Musselburgh in front of Listowel, which goes off at the same time as Musselburgh annoyingly! But even more annoyingly, St Ledger goes off five minutes later, what is the racing doing?!

It’s the oldest classic that we have, why don’t they give it a 50 or 20 minute gap when scheduling so that everybody can watch it, get excited about it, place their bets, trade it, do whatever they want to and enjoy the race, but no, let’s just chuck it in the middle of everything else, sorry rant over!

This is unfortunately a hurdle you have to face when deciding what market is best, it is almost inevitable that races are going to clash with the St Leger. Musselburgh may go off late, at Listowel, they mostly won’t care about the St Leger.

This is a shame within racing that they can’t give a better scheduling and would much prefer it if there was a nice clean gap just before it. This is why Cheltenham trades really well because you get lovely clean gaps between all of the races of that time of the year and you don’t necessarily get that at other times of the year.

Anyhow, as we head through the card you can see that Musselburgh is going on at the same time as the Irish race and this reinforces that today we should just forget Listowel as it is not worth looking at.

To help keep focused on what I want to trade each day, I find the races that do not appear as attractive and remove it from Guardian, like I will with Listowel in today’s example.

Spotting great markets that aren’t always obvious

So we have explored the obvious favourite of the today’s example card, however there is always opportunity to find other great markets throughout the card.

Highlighted in blue is the Leopardstown races

As we move through the day we can see that Leopardstown coming into the mix. If we look down at Leopardstown, you can see we’ve got a group two race, group three race and then we’ve put a group one at 17:25 and there is a 10 minute gap there between Listowel and Musselburgh if they go off on time.

So as we’re looking through this entire card you can see there are further opportunities arising when we look at the group races.

Image of the prices of the 17:25 race at Leopardstown

You can you see in the image above that there is a very short price for this market and I know how I’m going to trade this already.

By taking one look at this market, I know that it’s going to have my focus when I arrive at this market a bit later and I already know what I’m going do on this race. At the moment it is too early to do anything at this moment in time.

However, with just one glance at that market it will tell me exactly what I need to know to help me pin point how I’m likely to trade this market closer to the race start. For now I just need to sit there and wait for the characteristics to develop and then jump on the trade when I’m ready.

But you can see that you can gain a lot of information from looking at Guardian in this particular way.

My golden tip for you…

If you want to figure out where the strongest meetings are there is a neat trick you can do on Bet Angel to resort your card screen.

Gif showing where you need to click to sort it by market type

If you just change the way you view your Guardian screen by clicking on the header for markets then this will sort it by market type like shown above.

Close up of part of the today’s example card

If we look at Bath in today’s example above, you can see the volume at the moment is three, four, five, three thousand and there’s a bit of money on the 17:35 race.

While in Chelmsford you can see above that the amount of money is being matched in the 10s and 20s. So it is a clear comparison that Chelmsford market is better than Bath.

Just by looking at the three markets above you can see decent amounts of money at Chester. By organising your card by grouping the races together by location it allows you to assess the volume of activity.

At the bottom of my card in this example we have Listowel which once again reinforce what I said earlier and so I would on a usual day not bother trading these types of markets. This allows for a great overview of the volume in each race location.

Two key ways to help find the best markets

  1. By having your Guardian screen sorted by market it will give you a good indication as to where the the betting focus is. Decent betting heats tend to produce decent trading heats.
  2. By having your Guardian screen sorted by start time, which is how we first approached it at the start of the blog, you can see that you can get an idea about the flow of the day and where the feature races are, where the biggest amount of money’s been matched and what impact that has on the trading market over the course of the day.

I’ll show you one last little tip here as well…

Gif showing how you can select races by location and then sort them by time

If I go in and mark these Doncaster races and then sort by start time (shown above.) You see that you get a highlighted bar basically telling you where those feature races are, this can then help you start looking at these race in the run up compared to other races. Once again giving you an idea of where to look.

This is the sort of exercise that I go through every day, every couple of hours or so before the racing starts. I’ll go through the cards, make an assessment on where the big races are with the ones that I want to trade and I’ll make a little note. Here’s some key features that I look for:

  • Markets that stand out to me that I want to trade
  • Characteristics that I’ve seen before
  • What I’ve seen from last year
  • How I expect the market to behave

After I made a little note of the things mentioned above I’ll then come and sit down at my desk for 15, 20 minutes before the first race and get underway on the day. I keep my eye on the racing all day and I won’t stop until the last race has finished!

Summary

Analysing the markets you want to trade will help you indentify key trading markets of the day and how they line up. When you analyse markets in this way you will quickly begin to understand the ‘shape’ of the trading day ahead of you.

As well as targeting individual meetings and races you may want to trade or avoid. You can quickly check to see if there are interesting markets that you recognise but also if there is an unusual level of interest in specific markets. Allowing you to investigate them further.

So if you’re interested in trying to understand what’s coming up in front of you, the markets and how they could be interesting, then this is what I suggest.

Have a plan established before the day begins. I do this setup every day before every trading session and I suggest that you should do the same as this is a great way of finding the best markets of the day.

The post Trading horse racing – Which are the best markets? appeared first on Betfair trading blog | Expert advice from Professional Betfair trade.