Tuesday 16 October 2012

A Free Angle

I thought I'd introduce you to a clever little trick today that you can use to follow the market and find a few winners. It involves following the money in a horse race and using it to your advantage. The below example relies on three principles. The horse has to be in the top four in the betting forecast, already been gambled on and still be in the top two most popular bets in the market according to Oddschecker. It's not difficult to find these three factors and you'll be amazed how many winners you'll find!

Firstly I look at the first four in the betting from the racing post's forecast as you'll see below:





As you can see this highlights 7 horses. The reason I choose the racing post's forecast is that it is very good at getting the market right. We now need to see if the horse has had money for it by heading over to At The Races.

On this page we will see that the below horses have had some money coming for them:



You'll see that Porters War and Another Trump have seen some money for them. However, looking at Porters War, he's not met our first criteria of being in the top four of the betting forecast.

We now head over to Oddschecker and look at the pie chart at the bottom of the odds table and we see this:


As you can see from this the money is around equal for Porters War and Another Trump. The only horse from the two that has met all three factors is Another Trump so this is the selection.

The results are as follows:




As always, I only recommend playing around with this concept with paper money and when you feel comfortable with it and have shown a profit on paper, should you use it as part of your portfolio. As with anything to do with the market, it is always open to interpretation. Another Trump was ridden by A P McCoy so you could argue the money was coming from his legions of fans!?!

Let me know what you think in the comments box below and as always, leave me a question and I will get back to you as soon as possible.

Regards,

Ed


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