This is a simple case study to show you a simple way to use the racingdata.info tool.
All bets were placed on 15th September 2021 with a pre-planned strategy. Follow along below to see how we did it, and how you can too!
Step 1: Finding a Good Opportunity
We spent around 5-10 minutes using the data filters at the top of the racing tool in order to find a horse that has historically reached very low prices in running. The main filters that we used for this was the % Drop and %Avg DOB.
We used these to find a horse that had:
- Run more than 3 times.
- Halved in price (DOBBED).
- Traded above 60% reduction more than 50% of the time.
There were several selections that reached these criteria, of which one was GLORIA MUNDI as shown below.
Try manipulating the day’s figures with multiple criteria via the homepage. Remember to be disciplined in selection as days where there are fewer racecards can prove harder to find good selections. Don’t be tempted to lower your standards if there isn’t a good match!
Step 2: Placing Your Bets
Next, we checked out Betfair Exchange. There are others available, such as Smarkets and Matchbook although betting volumes are higher on the yellow machine.
Our opening bet was a back bet of £25 at a price of 30.0 a minute or two before the race started. GLORIA MUNDI was in black colours and a yellow cap, shown below. Watching the race was a pleasure as she travelled nicely for a big price.
The price gradually dropped as the race went on with this visually strong look in-running. As they turned for the home straight it actually looked like a very strong chance for the win. However, this wasn’t to be.
Fortunately, the price drop was enough to make a profit though!
This is what our tool is really about, showing you where the likely drops are going to be ahead of time.
The lowest traded price was 15.0 for £116, exactly half the price of our first bet. We had placed the counter-bet at 15.0 before the race started and set the bet persistence to ‘keep in-play’. We were going for the double or bust bet.
Step 3: Checking Your Profits
However, being the lowest traded price, we didn’t get our full stake matched. A disappointing outcome that didn’t go quite right, although we still made a profit!
Click the image to enlarge.
Hopefully, this has created a simple example that everybody can understand. By using the racingdata.info tool, we could see that this horse has a habit of trading a lot lower than its price when racing. Locking in a profit around that behaviour is relatively simple, especially if you aren’t being as greedy as us…
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