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Found 7 results

  1. Another three day summary... I haven't been able to dedicate much time to greyhounds but at least I am finally in profit with a little bit of luck involved April 5th: As you can see, I had only a very little time in the morning and in the evening so there is really not much to talk about. April 7th: This day boosted my overall profit but it wasn't because of my excellent trading skills - it was due to an early suspended market. Exactly 10 seconds before the official start of the race I ended up with quite a big Back bet on a favourite: Luckily the favourite did win the race. But I quite don't understand one thing - why on earth the market is suspended so early? How can we rely on the time? Seems like we have to live with this issue and so I decided to close all of my trading positions at least 15 seconds before the official time. I usually finish my trading little bit earlier though. Unfortunately, I will miss some good opportunities which often arrive early before the official starting time. Except this race, I would still end up with £21.24 profit and that is what I would prefer - more days with a smaller profit rather than days with big ups and downs. April 8th: What gets me into a loss quite often are those bloody big & unexpected spikes up and down. Someone often takes a lot of money (often in thousands) and he moves the price from like 3.00 to 4.00 in just one second. It's quite hard to fight against it sometimes but I think I can now roughly recognise if it will happen or not. Let's see what the future will bring Stats: Current Equity:
  2. I have a little weakness for Greyhound racing markets. These markets were where I was first able to make a long-term profit and they helped me build up my bank. The liquidity is nowhere near UK horse racing but there’s an advantage in the number of races every day with almost no seasonality. There are more than 100 races every day, starting from 11AM (London time) until 11pm. You can be sure there is greyhound racing on the card every single day. 10.1. Liquidity 10.2. Volatility 10.3. Number of Greyhounds 10.4. Market Suspension 10.5. Evening racing < PREV | HOME | NEXT >
  3. Greyhound Racing directory: 14.6.1. Greyhounds Swing £5.5+ 14.6.2. Greyhounds Swing £4.5+ 14.6.3. Greyhounds – Market Making £4.8+ 14.6.4. Greyhounds Evening Racing £5.3+ < PREV | HOME | NEXT >
  4. Greyhounds swing 5.5 (PROMO & VOICE & END).mp4 Description: 0:14 – The market is moving down to a normally strong support level @3.00. I’m prepared to enter the market with a Lay bet around this level. 0:37 – I submit my first Lay bets and wait for them to be matched. 0:48 – I’m quite confident about this trade, so I enter with more Lay bets. 0:56 – Once the market moves in my direction, I start to exit my trade with the Scale Out technique. 1:01 – The Lay side of the market is strengthening, so the market should move up soon. 2:02 – The uptrend is ending @3.50 and I exit the rest of my position. Back to Greyhound Racing ↑ Back to Scale Out (UK Horses) ↑ < PREV | HOME | NEXT >
  5. Greyhounds swing 4.5 (PROMO & VOICE & END).mp4 Description: 0:10 – I Lay at the current bottom of the market, which is around the normally strong support level @3.00. The market was going down from @5.00, which tells me it could turn at this level. 0:23 – I feel very confident because I see the Lay side strengthening. So I try to increase my position. 0:31 – Once the market turns in my favour, I exit the trade with the Scale Out technique. Back to Greyhound Racing ↑ Back to Scale Out (UK Horses) ↑ < PREV | HOME | NEXT >
  6. Greyhounds market making 4.8 (PROMO & VOICE & END).mp4 Description: 0:15 – To make the market in Greyhound racing, I place Back bets above the current price and Lay bets below the current price. I wait for them to be matched and then manage my position carefully. I either take a profit or quickly scratch if I’m not confident in the trade. I often use this technique in low liquid markets and fill the gaps in the market with my orders. This allows me to be first in the queue. 0:33 – My Lay bet @4.7 is almost fully matched and I exit my position with the Scale Out technique. 0:59 – I’m a little bit confused because my position is opened on both greyhounds, so I have to decide which one to close first. 1:04 – I decide to quickly scratch my trades on the first greyhound because some big bets arrived to the market and they’re driving the market against me. 1:06 – But it seems these bets were spoof bets because they quickly disappeared. So I go against them. 1:18 – And once the market shoots up, I exit the trade gradually with smaller bets. Back to Greyhound Racing ↑ Back to Scale Out (UK Horses) ↑ Back to Market Making (UK Horses) ↑ < PREV | HOME | NEXT >
  7. Greyhounds Evening Racing 5.3 (PROMO & VOICE & END).mp4 Description: On some evening races, 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. Back to Greyhound Racing ↑ Back to Market Making (UK Horses) ↑ Back to Scale Out (UK Horses) ↑ Back to Spoof (UK Horses) ↑ < PREV | HOME | NEXT >