Newbie Question

[robnant]

I am new to this sport & welcome any advice you kind people can give.

I am looking at Trading – back & lay – but I need to know if there are any telltale signs to look for in a horse where the odds are more than likely to fall.

Any tips, guides, advice or help you can give will be more than welcomed.

Thanks for your help.

Robnant

[Librettist]

The key is spotting an over-priced horse. The market normally gets it right in the end but sometimes it’s just a case of being in the right place at the right time – like last night when Uncle Mo was trading at 5. You need to establish what you think the price should be and act accordingly if the actual price is wildly different. This is not easy for a novice though so good luck – I think you will need it to start with!

[albrookes]

Warmest welcome to TRF Robnant. I’m sure that’s echoed by everyone here too.

I agree with Librettist regards spotting over-priced horses and I think you can only really begin to do this by watching as many races as you can and therefore learning the profiles of individual horses/jockeys/trainers/tracks etc.

The ideal scenario to lay would be to know a horse (say a 10-1 shot) is going to travel really strongly throughout the race, and look the winner, but then for it to falter /not want to win in the final stages.

Therefore you could back it at 10s before the race before laying it off for a fraction of that price in running. Basically you’re trying to use your knowledge to develop a scenario by where you either break even or go into profit whatever the result.

I’m sure you knew that already but just keep watching as many races as you can and look for those who regularly start as favourites but usually finished placed. All-weather maidens for 3yos and over are usually a good place to start when laying odds on favourites.

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