John’s Horse Trading Resources
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A lot of stuff seems to go missing in the HRT, especially now it has livened up. I will post anything useful here. Links/files etc.
I will post the links etc in the first comment(this one. They will then be referenced in the relevant comment if applicable. Feel free to question away.
GENERAL RESOURCES
This calculation will work out your drawdown.
=MIN((Y2-MAX($Y$2:Y2))/MAX($Y$2:Y2),0)
You need to apply it to your running total column as I have done in the example below. Make your first row your starting bank. This then needs to be applied to the whole column.
This calculation will then show you your highest bank drawdown. It needs to be applied to the relevant column.
=MIN(AH:AH).
It will then give you a largest drawdown figure like this.
Courtesy of Martin Futter
Odds Probability Table to calculate odds against strike rate
https://www.isfa.com/odds-probability-chart.html
Courtesy of Matt Wood
If anyone uses google sheets and you have your filter S/R, then in the cell next to it put this:
=1/(E16/100)/100 (e16 being the cell with the % S/R)
Should auto calculate the odds required (not counting for commission)
Courtesy of Richard Latimer
Useful Trading Links
www.bettingtools.co.uk
www.aceodds.comEstimate Losing Runs
https://www.google.com/amp/s/thebetinvestor.com/guide/how-to-estimate-your-longest-losing-sequence/amp/HORSE SPECIFIC RESOURCES
Horse Software Tips
Always run two versions of your strategy. One called results with all your filters and one called qualifiers with variables like number of runners removed. You can then filter these manually or on your bot as they change a lot.The Original Maria Staking Thread from 2005.
Essential Horse Trading Links.
https://www.cheltenhambettingoffers.com/articles/glossary/
https://betfairtradingcommunity.com/en/blog/horse-racing-trading-ultimate-trading-start-guide
https://betfairtradingcommunity.com/en/trading-strategies
https://www.timeform.com/horse-racing (Information on the days racing and past results)
https://www.racingpost.com/non-runners/ (Going and non runners for the day)
Important Definitions for Inrunning trading
Dream maker 62’s LTB
My DOB/TROB/WIN rules
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@Tony-Hastie said in John’s Horse Trading Resources:
@Joseph-Henderson Not really, it depends on the horses run. I watch the race and play it by ear. If it has a good start in a short race(under 1m) I’ll usually get out pretty quickly though. @John-Folan is much more experienced and in a better position advise really, Ive been doing it 2 weeks
Depends on what’s happening. I will bail for a loss or small profit if horse looks like it’s going for it. Better safe than sorry and always another race
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@Joseph-Henderson Not really, it depends on the horses run. I watch the race and play it by ear. If it has a good start in a short race(under 1m) Ill usually get out pretty quickly though. @John-Folan is much more experienced and in a better position advise really, Ive been doing it 2 weeks
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@Tony-Hastie thanks! Might give it a go! Do you have a set exit point if the trade is going badly?
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@Joseph-Henderson 8-20. Yeah, I look for about £150 min over the next 3 prices. Im still very much in the learning phase though
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@Tony-Hastie thanks for sharing, I’ll take a look. What are your entry odds criteria? In terms of safe entry - are you looking for money on the two odds higher than the entry?
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@Joseph-Henderson Its a very loose filter that looks quite rubbish results wise. But I like a good selection so that some at least hit the odds criteria.
DreammakerL2B.json -
@Tony-Hastie Hi Tony. How do you get your L2B selections for the day? Have you create a filter based on the criteria outlined at the start of this thread (Dream maker 62's LTB)?
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@Tony-Hastie said in John’s Horse Trading Resources:
@John-Folan I have a BA bot I use for scalping a front runner for 20% with a 50% stop loss that seems to go ok at low stakes. Its blown past the stop loss once in the last 20 times. I might start experimenting also with the L2Bs....for the school run races!
With the L2Bs though, If youre watching the race and you see your horse get off to a shocker you can hold off for a bit! I know thats not what the strategy suggests you do but its a no brainer that if your horse is at the back and being whipped its done for the day
Yep. Really silly not to. Easy money that. Happens quite a bit as well.
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@John-Folan I have a BA bot I use for scalping a front runner for 20% with a 50% stop loss that seems to go ok at low stakes. Its blown past the stop loss once in the last 20 times. I might start experimenting also with the L2Bs....for the school run races!
With the L2Bs though, If youre watching the race and you see your horse get off to a shocker you can hold off for a bit! I know thats not what the strategy suggests you do but its a no brainer that if your horse is at the back and being whipped its done for the day
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Cannot argue with these results. Hopefully the summer months replicate last year
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Three points from the dobs/trobs. Kicking along nicely. Shame as was a whisker away from a trob in the last race today. Really happy with these they are performing exactly as they were before the pandemic.
As for the lay to backs they are just unbelievable if you have the patience for them. Shame I can’t sort the stop loss out for automation but I will nail it if it kills me.
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@Tony-Hastie said in John’s Horse Trading Resources:
@John-Folan My DOBs are quickly turning into a hobby....something I need to defeat rather than make money out of! L2B is the first strategy I have scaled....it’s flippin awesome. Thanks for pointing me towards it
They really are. I love them and it’s more about getting them right.
No worries. I make loads off it with very little downside. Easier than scalping. Really glad it’s working for you
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@John-Folan My DOBs are quickly turning into a hobby....something I need to defeat rather than make money out of! L2B is the first strategy I have scaled....its flippin awesome. Thanks for pointing me towards it
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Minus 3 yesterday. Mad first race and was just shy of dobbing. Never mind
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@Adam said in John’s Horse Trading Resources:
@Tony-Hastie Respect! I only got into running in the last few years and am fairly comfortable with a half marathon. Ultras still seem like a complete pipedream though!
Look at you too. I’m just happy with my 5 to 10 k runs. My daughter made me feel old yesterday. She ran 10k in under 50 minutes. I average 35 minutes for 5k
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@Tony-Hastie Respect! I only got into running in the last few years and am fairly comfortable with a half marathon. Ultras still seem like a complete pipedream though!
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1/1 Dob 1/1 Trob. So made back the three points lost yesterday.
Horse drifted out from below 3 to over 4 and still won. Just shows what the market knows sometimes.
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@Adam said in John’s Horse Trading Resources:
@John-Folan said in John’s Horse Trading Resources:
Yes. When it's raining I find racing to be different. These are definitely affected. Look at it like this, when you were younger you hated running cross country in the rain. Why would it be different for horses?
That's true, even the promise of a full nose-bag at the end of the race didn't work on me...