How to profit from the draw bias

I hope you got a chance to try out market reading with Maiden races. Although I must say Punchestown and its drink-as-much-Guinness-as-humanly-possible-without-losing-the-rent-money Festival has prioritised horse racing punters’ minds.

I mentioned the draw last week. It is the last week of April. May will soon be upon us as with the aptly titled Chester May Meeting. The draw (and its effects on a race) is no more evidently shown that at this festival.

The draw bias is demonstrated here at http://www.drawbias.com/courses/Chester/Chester5.html. Horses need to be drawn low over 5 furlongs at Chester. Simple as that! I must admit I like this meeting as a layer. I like to lay multiple horses in races where the draw bias is very strong and hope that said draw bias continues. How can you lay multiple horses in a race?

Here’s an example of how I would dutch-lay in a race on Betfair.com…

Here I have layed multiple horses with a fixed liability of £100 (for illustrative purposes only – if you have specialist software you can lower your amount risked even further). If these five selections lose (and let us pretend that these are high draws in a 5-furlong sprint at Chester) we can get a reasonable return.

I choose fixed liability here but can use variable staking (minimum stake of £2). There is also a lay all function at Betfair which you will see at the top of the pink column on the screen. I wrote a recent article on the back all function.

I think the lay all function could work very well. This is something I need to practice myself. We need to get enough horses matched, and losing, in order to guarantee a profit.

Snooze-fest or money-maker?

I am talking here about the wonderful world of cricket. I am afraid I find cricket very boring. I mean, if someone as dull as John Major gets excited by a sport – take the hint!

But there is no escaping that there are squillions matched on major cricket events. I have got my hands on two cricket trading strategies which I will be trying out (whilst trying to stay awake). Cricket obviously has a trading angle to it. I have neglected it to date, but must acknowledge its profit making potential.

There is the Indian Premier League, one-day tests, internationals, English cricket (more tea, vicar?) and more besides.

Like football, there are multiple markets. I will digest the cricket trading strategies I have at my disposal.

Here is an Indian Premier League match…

How to profit from the draw bias

This is a far cry from the tens of millions which can be matched in a high-profile fixture.

Cricket market odds will be affected by what? Runs and wickets. I suppose 6 runs will almost be the equivalent of a goal in the football, or a break in the tennis.

Research then has to be factored in. Cricket, I suspect, is a largely in-play-stats-oriented trading vehicle, but there must be ways to research pre-match.

All exciting stuff from a less-than-exciting sport. If these cricket strategies work, rest assured I will let you know in time for the summer.

In the meantime, have a great weekend. More from me next week!

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