Trading on Horses – March 2024

April Horse Racing Post

Cheltenham

March is a great month for Horse Racing mainly because of the Cheltenham Festival. I aways have a bit of ‘fun’ during this week. My first couple of days weren’t great and it was only later in the festival that I recovered with some bigger wins.

Slade Steel 7/2 SP (Starting Price) Captain Guinness 17/2 SP and the one that got me out of trouble, Stella Story at 33/1.

I also had a fun accumulator with some each way doubles for a few quid. I initially wanted to do some each way trebles and quadruples as well but the stakes were getting too big!

I also missed a Cheltenham 1000/1 Tricast by a whisker!

On to the daily trading for March, I ended up with about 20pts of profit. I think I left another 20pts ‘on the table’ due to error / clicking on wrong horse and so on – so I’ll want to cut out those errors going forward.

Betting Platforms

Below you can see two images. The first is the standard betting exchange platform (Beftair) that I use:

..and here is the same race shown in the trading software that I use (Gruss).

Trading software like Gruss makes things a lot easier for trading – fast refresh rates, one click betting and a whole host of other features. There are quite a few different packages on the market now.

Here are a few of my trades and successes:

GOSHEN ran brilliantly and won for me as an outsider (You can see the SP in the middle column):

I had another outsider win in the form of BROXI at a Betfair SP of 28.07.

In a two mile Hunter Chase at Leicester the horse I was on, Drakes Well was a faller and from memory caused absolute carnage causing other horse to unseat their riders..😩

I had some frustrating moments too. In a 1m 1f race at Wolverhampton I had backed BOATSY at 8.2 but I didn’t think he would do the job and traded out, only for him to bolt up and win.

I was particularly happy with this race at Fontwell, going up against two short priced favourites with a rank outsider, for a big win:

There were plenty of near misses with my horse being beaten into the places. One such race was at Carlisle:

The race that remained in the memory, however, was at Newcastle – where the race had to be abandoned in the final stages as debris blew across the track! I’d never seen that happen before. I was gutted because I looked in good shape to profit.

Naturally there were a lot of losers in between but I was in profit for the month. In the end I traded 450 markets in March – far too many.. and probably not sustainable – especially since I am doing football trading too.

I will be looking at other types of horse racing trading too in April – including some automation perhaps.

Until next month.

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