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Personally - im open minded about it but then i am very comfortable with complicated statistics. To me in the terms of the amounts i invest and gamble with, 200 is a small price to play if it opens up another money making avenue!

kajman, Because of the way prices are constructed on Betting exchanges a move somewhere on the same event has an effect on all other prices, always. Some races I will avoid simply because I believe I will not be able to profit from them. Some are much better than others.

I'll often look at an event and adopt a different strategy based upon what I believe is about to happen.

At the end of the day I'm not looking to be prophetic, I am just looking to take money out of the market.

Jeffmack, A day of rest today. I have put an experimental position on the Bolton vs Newcastle match though.

On the racing this afternoon. Just to show it doesn't always go your way I am down 12 ticks after three races. Hoping for better for the remainder of the day. Will make a cup of tea and close all my other browsers so I don't get distracted!! Will endevour to give you an update after the last race.

Scrip please pencil me in, will confirm in a day or two, thanks.

Will do, Drop an email to sarah@glomtc.com to reserve a space. I have emailed them as well to make sure a place is available.

Just had a bet on Dow finishing negative at 4.0

Results from the afternoon on the horses. An "interesting" day! The +/- is for ticks per race. This is my preferred measure as I equalise all bets to a tick size to ensure good money management.

1350 -5
1400 -9
1410 +6
1420 +0
1430 +0
1440 +1
1450 -1
1500 No activity
1510 +3
1520 +0
1530 +12
1540 No activity
1550 +10
1600 +0

+17 Ticks gross on the day. I haven't looked to check the net total yet but not a particulary exciting day.

A very poor start but just didn't have my head screwed on. These things tend to average out over time. I've made an attempt to document some of the activity recently to present at the course. This should give you a good feel for how a day goes and the sort of decisions you will need to make.

jeffmack, what price did you get?

I find there are some odd prices on the financials every now and again. It looks like the underlying includes a calculation using beta and when the market is volatile intra day it can throw up some odd prices.

Scrip
4.0

No backers at the mo, just layers at 4.0, 3.5, 1.62

Scrip, what do you mean by a "tick"? E.g. from 1.34 to 1.35, or 6.0 to 6.2, on BF?

Kayak, Yes, 3.05-3.10, 1.80-1.81 etc. I have found if you do not equalise your risk according to the tick size you are unable to balance your risk longer term.

Oh. Then I had a good day :-))

13.00 +13
13.10 No activity
13.20 -6
13.30 No activity
13.40 +7
13.50 +6
14.00 +13
14.10 +0
14.20 +9
14.30 +0
14.40 +3
14.50 +7
15.00 +4
15.10 +6
15.20 +8
15.30 -6
15.40 +8
15.50 +9
16.00 +0
16.10 -13

Total +68

Probably at my expense :(

I didn't really get it together today. Still there is the football tonight.

Slow market the financial bets

Good job kayak - well done!!!!

Steph - good to see you attending the course

Jeff - hope you are right - im short ftse futures from the close and could do with a drop in the dow

Laid off my bet, so if Dow is up I'm level, if its down I win. Looks like up tho

Greened up on Man City vs Norwich before kick off so a win whatever happens during the match.

greened up scrip ????