Tuesday, August 11, 2009

Fast Pictures not Always an Advantage

I have been away for a few days to visit a friend and he gave me back my copy of A Definitive Guide to Betting Exchanges. This book is a very good introduction to Betting Exchanges although it may be a little bit dated now. I found the section about tennis very informative as I had little knowledge about these markets.

My favourite section is the one that lists all the strange things that have happened on exchanges. The best of these is the time a lady placed a 500 bet @1.01 to back a favourite that was cruising to victory in a hurdles race in Ireland. The bet was placed just as the horse was approaching a hurdle on her pictures (At the Races). Now as you probably know if you have SIS or are at the actual race course you have a perceived advantage. Someone with this "advantage" saw the horse make a mistake and the price shot out to 95. Next thing to happen was Ruby Walsh clung on and made a miraculous recovery and the horse promptly went on to canter home netting the lucky punter a £47000 profit when she was hoping to make£5. So just remember the guys with fast pictures don't always win.


  1. thank you for sharing your blog. have recently started my own and am looking to exchange links with fellow bloggers.

    i have already added your blog to my blog roll and would appreciate if you could add me to yours.

    my url is:


  2. John

    Good luck with your Blog. I have added the link.