From Nags to Riches

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There are no horse racing tips for Sunday

cheltenham-2012-03-13-08-52While writing the last post, the prices of both my selections shortened, so I have lost out a bit on that.  It doesn’t always pay to be greedy.  This prices can just as easily move against you.  Also, taking to larger price at the bookie on a steamer will increase the chances of the account being closed/limited. I have also noticed a tendency for a couple of Ladbrokes arbs to be wildly wrong in price.  I must investigate why.  My price scraping software is obviously picking up the wrong price at the bookie.

cheltenham-2012-03-13-08-45Well this shows how the prices can change is only  a few minutes.  BACK IN FOCUS has drifted out to 3.95 to lay, so I took that, even though I lost out a bit and will only make £24 on the arb.  But conversely, my £500 at William Hill now makes me £86, so by 14:05, I’ll be £110 richer and I’m committing just over £2,500, so my return is nearly 4.4%!

cheltenham-2012-03-13-08-32Here is a screenshot at 08:32 and the two I’m going for are PONT ALEXANDRE with William Hill for £500 and BACK IN FOCUS at Paddy Power for £250.  I will also see what they will stand on SPRINTER SACRE – being odds on, I might even get a grand on it.  But of course if it wins, I will have a amassed a samll fortune in Paddy Power which will take a few days to transfer back into my bank etc