Hello,
Is anybody trying to trade the US horse racing markets?
There is not really much information about them and the most important thing is to have a live stream on every race, because they often tend to start much earlier/later than the scheduled time and the markets don’t go in-play, so you can get burned quite badly if you don’t cash out in time.
Still I have found some variables that tend to give me an edge on these markets so far, but I am still very cautious and betting small stakes, because these markets tend to be very jumpy and risky.
What I find particularly strange is the odds that they display on the live streaming videos for every race. They can serve as some guidance as to who is the favorite and so on, but these odds seem to change quite fast and often times by huge margins in less than a minute, which sometimes seems to affect also the Betfair odds on this particular race.
I would appreciate any observations, comments or ideas about these particular markets.
Best regards,
Nick