The BTC Horse Racing Thread
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No normal Trob selections today, but here are the debut selections of my Slow Horses dobbing strategy from the new software. Looks like a couple of selections tomorrow as well. Set these up to DOB just before the odds on horses that are above 5.0 in price only.
Read the first post on both threads.
Horse Trading Resources
https://forum.betfairtradingcommunity.com/topic/1111/john-s-horse-trading-resourcesBfBotmanager
https://forum.betfairtradingcommunity.com/topic/2915/bfbotmanager-automation-discussion -
@rick-watson said in The BTC Horse Racing Thread:
@john-folan frustrating betangel down as a result too
Yeah nothings working. I’m doing what I always do when this happens and abandoning for the rest of the day
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@john-folan frustrating betangel down as a result too
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Betfairs fucked. All bots turned off. F*****g morons
Read the first post on both threads.
Horse Trading Resources
https://forum.betfairtradingcommunity.com/topic/1111/john-s-horse-trading-resourcesBfBotmanager
https://forum.betfairtradingcommunity.com/topic/2915/bfbotmanager-automation-discussion -
@martin Excellent video, first chance I've had to get into the software - going to have fun messing around with this and excel - yes I need to get out more
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Nothing from me today. There are some Slow Horses selections showing up tomorrow though :). At last
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@martin said in The BTC Horse Racing Thread:
@dan-mackinnon said in The BTC Horse Racing Thread:
@john-folan do you have that set on your software? I know the horse racing software shows it on the back testing and the results can be pretty remarkable.
I remember a discussion on here a while back about the regularity of adjusting staking size. There didn’t seem to be a definite answer so always interested to hear how others do it
6 years old but just as relevant today as ever: https://betfairtradingcommunity.com/en/blog/road-trading-riches-compound-interest
See. I do listen to people.
. Read this it will change your trading -
@martin said in The BTC Horse Racing Thread:
@dan-mackinnon said in The BTC Horse Racing Thread:
@john-folan do you have that set on your software? I know the horse racing software shows it on the back testing and the results can be pretty remarkable.
I remember a discussion on here a while back about the regularity of adjusting staking size. There didn’t seem to be a definite answer so always interested to hear how others do it
6 years old but just as relevant today as ever: https://betfairtradingcommunity.com/en/blog/road-trading-riches-compound-interest
Thanks Martin. I’ve been trying to do that with my blog which is why the “belts” are at 50% increases. But I know fairbot let’s you stake as a % of bank roll and assume other software does the same.
I looked at one horse racing strategy which I compounded and it went from £1k up to £8k and finished at £5k. Fair enough if some software can do that for you, but that’s quite a bumpy ride for human to be putting on!
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@dan-mackinnon said in The BTC Horse Racing Thread:
@john-folan do you have that set on your software? I know the horse racing software shows it on the back testing and the results can be pretty remarkable.
I remember a discussion on here a while back about the regularity of adjusting staking size. There didn’t seem to be a definite answer so always interested to hear how others do it
6 years old but just as relevant today as ever: https://betfairtradingcommunity.com/en/blog/road-trading-riches-compound-interest
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@dan-mackinnon said in The BTC Horse Racing Thread:
@john-folan do you have that set on your software? I know the horse racing software shows it on the back testing and the results can be pretty remarkable.
I remember a discussion on here a while back about the regularity of adjusting staking size. There didn’t seem to be a definite answer so always interested to hear how others do it
I check it to £1 level stakes(1 point). If that’s profitable I check it to compounding. Either at 2% or 1% of bank.
There’s been loads of arguments. But I find this works best for me.
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@john-folan do you have that set on your software? I know the horse racing software shows it on the back testing and the results can be pretty remarkable.
I remember a discussion on here a while back about the regularity of adjusting staking size. There didn’t seem to be a definite answer so always interested to hear how others do it
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@dan-mackinnon said in The BTC Horse Racing Thread:
@john-folan how often are you compounding?
As it goes along mate. Always have done. Less big hits that way. If a strategy is any good it will soon grow. Try using the percentage of bank in the staking section and you will see what I mean.
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@john-folan how often are you compounding?
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@keith said in The BTC Horse Racing Thread:
@john-folan said in The BTC Horse Racing Thread:
Oh come on. You know it’s true. I know why it happens as well.
99/100 you put money on after a half decent winning run so you get caught by the reversion to the mean. Same with stake increases. This is why I compound as I go along. Don’t get caught out. The best thing I have ever learnt trading wise.
I'm laughing because I have seen it so many times but never seen it described so accurately
Yes compounding is amazingSo true though isn’t it
Read the first post on both threads.
Horse Trading Resources
https://forum.betfairtradingcommunity.com/topic/1111/john-s-horse-trading-resourcesBfBotmanager
https://forum.betfairtradingcommunity.com/topic/2915/bfbotmanager-automation-discussion -
@john-folan said in The BTC Horse Racing Thread:
Oh come on. You know it’s true. I know why it happens as well.
99/100 you put money on after a half decent winning run so you get caught by the reversion to the mean. Same with stake increases. This is why I compound as I go along. Don’t get caught out. The best thing I have ever learnt trading wise.
I'm laughing because I have seen it so many times but never seen it described so accurately
Yes compounding is amazing -
@keith said in The BTC Horse Racing Thread:
@john-folan said in The BTC Horse Racing Thread:
“I’ve put money on it so here is the initial losing run to make you s**t your pants and bottle out of it moment”.
Oh come on. You know it’s true. I know why it happens as well.
99/100 you put money on after a half decent winning run so you get caught by the reversion to the mean. Same with stake increases. This is why I compound as I go along. Don’t get caught out. The best thing I have ever learnt trading wise.
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@john-folan said in The BTC Horse Racing Thread:
“I’ve put money on it so here is the initial losing run to make you s**t your pants and bottle out of it moment”.
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Blimey. Storming day on the short odds lay bot. Made back over half of the “I’ve put money on it so here is the initial losing run to make you s**t your pants and bottle out of it moment”.
Hopefully will be some dob/trob selections tomorrow for you all. Got a couple now showing around 60 points a year profit as well as Slow Horses and the DR Trobs. Will post them as they qualify.
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@john-folan said in The BTC Horse Racing Thread:
The flat season is upon us :). Today's trobs
Scratch. Annoying but that’s trading.
