rorydelargy
At the Start
This story all comes in light of one of some funny goings on at Newton Abbott yesterday - racing is certainly cleaning its act up.
I'm unaware of any shenanigans at Newton Abbot Martin - what happened?
This story all comes in light of one of some funny goings on at Newton Abbott yesterday - racing is certainly cleaning its act up.
Paul Roy is Andy Stewart's CEO at Cenkos Securities.
1) Massive question mark surrounding the lay-off - he'd been off the track for upwards of two years, had shown all his best form in 2006 (hadn't won since Pau that year). Agree with you on the "second string" but this was a horse who'd been beaten 61 3/4 lengths on his previous 3 starts over fences (admitedly not beaten far on his first start but that was 3 1/2 years ago). The horse's two previous wins had come on "heavy" ground whilst his only previous start on the ground had resulted in a 23 length defeat over hurdles.
Doubt he had to be Martin - I think most of the perceived problems with gambles are due to inefficient markets as much as anything. Liquidity is very poor until close to show time for most jump races.Fair enough Rory - plenty of the show money at least for the favourite will have been due to the great form the yard are in the at the moment and good luck to anyone who backed Swing Bill at big prices - it was quite a leap of faith IMO to hope the horse was back to his best after a 3 year lay-off (and I'm normally into leaps of faith).
It does amuse me that some firms would rather trust the opinion of someone putting up £2 at 20 or £10 at 18 than the traders and compilers they pay to do the job. Seems a very dangerous game to play as no doubt many have found out or are likely to find out.
So is Miss V Tottingtom-Smythe (and Michael D Mouse).If Swing Bill was due to be ridden by Miss V Tottington-Smythe, then I could have some sympathy, but Frost is arguably already the equal of Scu, especially in tactical terms.
I'd say in the lower grade stuff, you're spot on. Standing animals to lose six figures in shite races round shite tracks is not what it's about for any firm that wants to stay afloat. Too much skullduggery does go on and it's understandable why you can only get £25 EW on at early prices on handicaps round Wolverhampton.
However, I think firms are much better trusting the market on the better quality Saturday afternoon and big meeting racing. Taking the side of the market on a race like the Wokingham is makes much more sense than trusting two or three individuals who might think one is well handicapped etc.
There is a balance to be struck.