Galway Festival Betting 2012, day two, Tuesday

First of all; Galway.

Got out of jail with just a single winner in the last yesterday although anyone who chose to follow Dermot Weld as mentioned in the article would have been quids in. Disappointed overall so here's hoping for a better day today - once again I've an article in the Irish Independent:

HOW much importance one should give to previous winning course form when assessing a horse's chance is open to debate, but it's certainly not a hindrance to have the letter 'C' listed next to your selection on the racecard. And at places like Galway, it's good to know your horse has successfully found his way home in front before. Saint Gervais is the only one in the Topaz Novice Hurdle field (4.0) with wining form at Ballybrit; although it must be acknowledged that the race he won here was a bumper so it's probably stretching it a bit to call that piece of form significant. Still, there are plenty of other reasons to back the John Kiely trained gelding in the opener, not least of which was a very reasonable comeback run at Killarney mid-July following a break of twelve weeks. He never truly threatened the winner Keep It Cool, but as an exercise in shaking off cobwebs in preparation for the Festival, it served its purpose well. In April, he found success in a weak maiden at Clonmel but significantly, he was able to follow up that win with another victory in a fairly useful handicap at Cork before he took a break. The likes of Zuzka and He's Our Man are not ruled out with ease but I've a strong feeling that there's more to come from the selection and he can get punters off to a good start today at 3/1. Shortly after the Angelus bells have rung, Magical Dream is worth a speculative punt at Caulfieldindustrial.com European Breeders Fund Fillies Maiden (6.10). A daughter of Galileo, this filly went in my notebook as one to watch following an interesting debut in a fillies' maiden at Naas. Seamie Heffernan took the reins in what turned out to be a competitive affair won by outsider Viztoria, but a change of tactics by Joseph O'Brien today may help her cause. At Naas, Heffernan kept her off the pace early on but he soon found himself off the bridle and had to make up ground. In fairness, she made headway when asked and finished strongly and while I don't blame the jockey, perhaps a slightly more forceful ride by O'Brien might prove more effective today.

TODAY'S SELECTIONS

4.0 Saint Gervais
4.30 Devil's Elbow
5.0 Voleuse De Coeurs
5.35 Pintura
6.10 Magical Dream (nap)
6.40 Golden Shoe (e/w )
7.10 Hai

****

With regard to the form study bets, I've two for today. Here's what Timeform say about them:

6.10 Galway - Magical Dream
Well bred filly, dam 7f/1m (Matron/Lockinge Stakes) winner, out of useful performer up to 1m. In need of experience when third to Viztoria in maiden at Naas and looks sure to progress.
8.50 Worcester - The Sliotar
Winning hurdler/chaser who has been lightly raced in recent times. Pulled well clear with a handicap debutant at Southwell last week, and no doubting he's handicapped to strike with blinkers on.

***

I got stopped out on my EUR/USD trade so I only made a profit of €17.60 on that in the end:

Could've cashed out for a profit of over €40 at one stage so it's a bit of a bummer but profit is profit and it all adds up.

We could have a busy week on the markets  this week with the Fed having a meeting, and ECB meeting and the non-farm payrolls on Friday.

As I write, the Euro is 1.2262 against the dollar so it will be interesting to see where that will be by close of business Friday:

Best of luck with your trading/betting.