Evening greyhound racing on certain days of the week attract more liquidity, which is good to know. On these races, you can have slightly bigger stakes. But keep in mind that market moves are usually not as big as on afternoon racing because there’s a simple rule in play – the bigger the liquidity, the lower the volatility and vice a versa.
Evening Greyhound Racing Video Description:
- On some evening greyhound racing, there is much better liquidity than on some other races.
- 0:11 – But still the market is quite thin compared to UK Horse Racing, so I try to make the market.
- 0:18 – And once my Back bet is matched after a spike up, I try to exit with a profit by scaling out.
- 1:43 – I think the market could move down again. It tried to push it past the level @2.20 but it doesn’t have enough power.
- 1:50 – And once some bigger Back bets arrive to the market, I submit my Back bets as well.
- 2:07 – Which makes me a profit shortly after the market goes to the strong support level @2.00.
- 2:09 – I believe it will turn back up from here.
- 2:27 – But again – big bets arrive to the Back side and the market quickly reacts by moving down. When I watch this video now, I believe it was a spoof trap. Someone wanted to buy a cheap Lay, so he pushed the market down with a big bet. Then he removed the big bet and pushed the market up again. I was caught in this trap and quickly scratched the trade at 2:28. I was able to react quickly and ended up with a profit.
- 2:34 – Once I realized it was a trap, and the big Back bet was removed, I was ready to Lay @2.00. This usually works as a strong support in greyhound racing.
- 2:47 – My Lay bets were matched after a spike down and now I only have to gradually exit the trade with a profit.
- A total of about £35,000 was matched on this race. That’s solid liquidity for greyhound racing and I was able to use slightly bigger stakes. Some of the evening races can reach more than £50,000.