I hope you enjoyed the video and learned something new. I’ve got plenty of video’s coming up so keep your eyes open for them including a look at how you can trade free bets and make some good profits.
Going over the information in the video then you’ll know that we need to wait 10 minutes before the off before deciding whether to trade or not. By finding races where the horse has been the most bet on horse in the race is where we start. I tend to start trawling the markets about 30 minutes before the first race starts as by this point a lot of the daily money has started to come through. I take a note of all the heavily bet horses and then wait for the 10 minutes before the off.
So what happens is that because the bookie offices and online bets have been placed the bookies have to shorten up to reduce their liabilities. 10 minutes before the off they have to come into line with the on course bookies who the majority of them haven’t got the same liabilities so they can afford to push the price out in the first show. More often than not money follows money and the on course bookies will then see lots of money coming for that same horse. This is where we jump in and trade on the inevitable shortening of the price.
As with all methods you need to practice it and make sure you fully understand the method before using real money.
Please leave a comment if you enjoyed the video or have any questions about trading and I’ll get back to you as soon as possible.
Back next week.