Thursday, August 27, 2009

Odds On

Many traders really like to trade Odds on favourites. These horses attract nearly all of the money in the race and therefore provide good liquidity. In this race in Ireland the liquidity was not as good as many UK races but I was still able to use £250 stakes to make a decent profit. In the video you can at times see several £250 stakes, I was using these in case of some large orders going in and also to be first in the queue if the horse trades at that price. These types of markets can be very profitable although I think they do take a bit of practice.

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