One-A Day Wonder – Day 5

A non-runner yesterday meant the overall position didn’t change and nor could I check the trading theory I have.

Les Fazzani was the horse in question and she had a 35% takeout on Betfair, implying odds around 2/1. These were the same odds she was available to back at earlier in the day (she drifted after I noted 7/4 in my post yesterday). Crucially then, at least we could have traded out for no loss had she run and we chosen to.

A bit tenuous granted, so I’ll omit that from my overall ‘can we trade OADW’ considerations.

Onto today, and Margot Did (2.40 Ascot) is the pick. 2/1 is available with bookies, and she’s 3.2 on Betfair for traders.

We’ll see.

Overall position obviously unchanged:

Daily Total +£12.50

Overall -£7.50