Horse Racing (July 31)

One free bet in, so far. Had three winners.

I don’t know who comes up with these offers sometimes. I think its someone in the marketing department, but really they should run them by the traders as well don’t you think. BmcL are struggling with this.

There were 8 Galway races yesterday. 59/8= £7.37 per race. I took one horse at 2.75/2.9 for example and backed £51.02 to break even if I lost. He won, so I won £87.50 at bookie and paid out 96.94 at bookie = £9.44 QL. Also had a match 5.5/5.6 which won so again down £9.31 to earn a free bet. My 3rd winner I tried to match at 5.5/5.5 but odds drifted out too fast. Lay odds were up at 7.2, but bookie odds had increased too so I had some BOG if I needed it. Didn’t want to let it all ride so managed to match at 5.5/6.8 to cut my losses guaranteeing £4.83 loss either way using up the free bet unless I got the BOG. He did win and I did get the BOG so I came out on top, but minus free bet my QL was £17.33. So for me QL yesterday were about £47.

I think £59 is a bit high unless you had a couple of little mini screw ups like I did. Pickle is right though you are still making a profit even taking up to £30 on a race – but there is an opportunity to make so much more… But it also depends on how much time you have to watch the odds fluctuating and when your free time is.

UPDATE: All 3 free bets in now.