As anyone reading the blog will know we traded a comfortable winner earlier on today. Last night the only firm pricing the race up allowed us a "monkey" between us at the early 6/1. At that stage we were fairly sure the horse would go off and / or trade much shorter, allowing us a free bet on one we fancied to run a big race. I must point out that Gags deserves most (about 99%) of the credit for this one as he identified it and pretty much had it sewn up before asking my opinion. Between us we had the race between four runners at that stage but with FASTNET STORM looking over priced. This morning one of our "four" was declared a non-runner, effectively leaving us with three possibles and one fancied more than the others. We discussed putting it up as an eachway bet and / or as a win selection on the blog, but in the end we didn't think it was fair. Whilst this blog is here to record our progress as we strive to achieve our targets throughout the year, we are very much aware of the fact that some people are following our bets with their own money. We didn't think it was right to say "we have backed this at 6/1 but the biggest price you can get now is 4/1". So instead Gags posted and let everyone know what we had done. Whilst we've made a few quid and we know many readers of the blog have followed us in, the "account" will not include this horse as a selection nor will the profits be added to the p and l. At least people can again see that the study and analysis are close to the mark or, as in this case, spot on. Long term that is important.
There are one or two interesting races at Folkestone this evening, not least of all the Class 5 Handicap over 6 furlongs due off at 720pm, but we are not getting involved. We will concentrate on trying to find something from tomorrows cards at Ayr, Kempton, Nottingham and Ripon. Gags will probably be on here later to answer one or two comments and emails we have received and possibly to explain things more clearly than I have in my attempt above!
Tuesday, 2 June 2009
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