Firstly, apologies to Andrew and Knocker for the title of the post as today was anything but a well thought out plan!
I was working today as usual but a good discussion got started on our discussion site concerning a race at Yarmouth. We ended up having about 30 posts concerning a 6 runner handicap and it was all good banter.
I managed to talk myself in to having a bet on Bustan in the race. Knocker was very keen on Lord Theo and both horses ran well to finish 2nd and 3rd. Unfortunately, since I was betting on Betfair Mobile at my lunch break, I couldn't lay off the bet and I ended up with a £28.50 bet on Bustan.
I'm not a huge fan of betting on Betfair during my lunchbreak and this was only the 3rd time I'd attempted it. I'd had a winner and a riskfree bet in the past which finished 2nd, so I only use this betting method when I'm reasonably confident my horse will win or at least shorten to give me a riskfree bet pre-race.
When Bustan lost, I made a promise on the discussion site to not do this any more as I'm meant to be trading for riskfree bets and not gambling! However, I'll continue to use this method when I feel it's worth it I suppose but I don't want to be doing this every day!
I said on the discussion site that I'd have to post up another loss on the blog tonight and I haven't posted up 2 consecutive losses for a long, long time.
So, I started to look for a nice horse tonight to give me a riskfree bet. After a while, I stumbled across a horse I liked in the 6.25 at Windsor. The horse was the David Elsworth trained Excape. I won't go into my reasons on here for fancying it but you can read them on the discussion site if you join! The site is http://handicaps.caramboo.com/.
Anyway, I got stuck in traffic coming home from work and I had to pop into B&Q for a quick minute. I made it in the house at 6.20pm and I quickly logged on the laptop and onto Betfair.
I expected the horse to be well backed as I thought others would see what I saw but it appears I was on my own. The horse had drifted from 20 on Betfair to 55! I have seen some bad drifts on Betfair but this was one of the worst I'd seen in a long time.
I initially asked for £50 at 60 but it quickly shortened to 50, so all I could get on it was £20 at 50. Before I could put in any lays, the market was suspended and they were running. I quickly put in a lay at 28 for my £20 so I was riskfree for a return of £440.
I quickly put in 3 more lays at 6, 2.08 and 1.5 and as I was placing lays, they were getting matched!
Before I knew it, I had £130 riskfree on my horse and £120 on the field and it was trading at 1.01! Amazing............
As I said on the discussion site, sometimes it's better to be lucky than good! Maybe I was both tonight..............