Tuesday racing summary

There was widespread poor value available about today's racing cards if you were thinking of backing horses, and none of my suggested bets reached the value prices I had recommended, so the account remained unchanged.

Poor value for backers can indicate good opportunities to lay horses, and so it was with a profitable day for my lay bets. I had two successful lay bets, and another worth a mention (Kitty Wong) that lost but at a price too high so it goes down as a 'no bet'. I wanted to be against Nemetan in the 2m handicap chase at Folkestone, chiefly because he was carrying 10lbs more than when he won in a lower class last time out. Despite this extra weight, and a step up in class, he was sent off the odds-on favourite, and I was happy to lay bets to lose 3 points. Being priced odds-on meant I stood to win more than I was risking should the horse lose, so it was a shrewd bet. The horse finished third some 22 lengths behind the winner.

More than 4 points profit to add to the account.