The BTC Horse Racing Thread
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@greg-mitchell said in The BTC Horse Racing Thread:
@chris-osborne No its 3 to 15
Thought it was 3-11 but I may be confusing with another strategy.
You don’t have to take a trade if the odds too high for you
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@lee-colvin that’s what I’m doing you reduce your winnings but more importantly significantly reduce potential losses. I’d rather lose a max of £10 than £50
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@greg-mitchell Why not try and lay to a one point liability instead of one point stake Greg? There’s nothing on this earth that would make me lay a runner at 15 to a set stake, I couldn’t handle that kind of raw emotion
You might not win as much, but at the very least, you won’t need to stomach those huge losing days such as the one you posted above matey
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@chris-osborne No its 3 to 15
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@greg-mitchell said in The BTC Horse Racing Thread:
@fraser-cord said in The BTC Horse Racing Thread:
@greg-mitchell was there that many? Looks like I'm counting my lucky stars that I missed a couple then. Still a very poor day
The one at 15 is one I need to check, but the other 4 definitely.
Why did you take the one at 15, isn’t the odds limit a lot lower?
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And that’s what the short odds says, so be interested to know how you made profit @John-Folan if you did them all LSO and LBF’s ? Because that almost replicates my day exactly!
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That’s what the software says for yesterday at £1 flat stakes.
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@fraser-cord said in The BTC Horse Racing Thread:
@greg-mitchell was there that many? Looks like I'm counting my lucky stars that I missed a couple then. Still a very poor day
The one at 15 is one I need to check, but the other 4 definitely.
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@greg-mitchell was there that many? Looks like I'm counting my lucky stars that I missed a couple then. Still a very poor day
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@greg-mitchell said in The BTC Horse Racing Thread:
@john-folan said in The BTC Horse Racing Thread:
A profitable day all round. Onwards and upwards
How did you make profit with Beaten Favourites winning at 5.6, 7.2, 15, 8.2 and 8.2?
I had one at 1.5 and a couple of other shorter ones. Ended up about 0.5 points up. Was about 3 points up at one stage effort that late run of losers.
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@john-folan said in The BTC Horse Racing Thread:
A profitable day all round. Onwards and upwards
How did you make profit with Beaten Favourites winning at 5.6, 7.2, 15, 8.2 and 8.2?
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I shall be laying the favourites in these races 10 seconds before the start time subject to the following conditions:
Number of Runners 4-14.
Odds Between 1.8-2.4.
DSLR: 3-200.Full strategy available here in the pinned post.
https://forum.betfairtradingcommunity.com/topic/3531/horse-racing-shared-strategies-megathread-downloads
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A profitable day all round. Onwards and upwards
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 -
Not as bad a list as I though. The Beaten Favourites list will give me a heart attack though lol.
I shall be laying the favourites in these races 10 seconds before the start time subject to the following conditions:
Number of Runners 4-14.
Odds Between 1.8-2.4.
DSLR: 3-200.Full strategy available here in the pinned post.
https://forum.betfairtradingcommunity.com/topic/3531/horse-racing-shared-strategies-megathread-downloads
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@kevin-pepper said in The BTC Horse Racing Thread:
@john-folan said in The BTC Horse Racing Thread:
Just for information, these are the two LAY strategies I am running with compounding stakes(5% on LTBF and 2% on SOL). The results here are to flat stakes. The LTBF(Lay the Beaten Favourite) is laying to a liability so I can include odds a lot higher than I would normally do.
But with a bit of patience and sensible staking you can turn in a good income from the software. It just won't happen overnight. Just be realistic with your expectations and expect some downturns(SOL are currently running at a 5% drawdown from the bank high from late November, but it's come back from worse) and you will be fine.
Thanks John and I'm following a similar approach. I've been looking at the SOL results and the results when laying the PLACE to a fixed liability are not far short of the Win results (the sample I looked at were +268 for the Win and +248 for the Place). If anyone fancies taking a look themselves it would give me the confidence to update my Fairbot strategy to lay the Place as well
)I've also had a little play with the LTBF results and the Place laying to a fixed liability is also in profit but at about 50% of the Win market returns. Still a work in progress though....
The place is under utilised. Wonder if Adam can do us the place markets as an option?....Nice work. Will get into it a bit later this week.
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@john-folan said in The BTC Horse Racing Thread:
Just for information, these are the two LAY strategies I am running with compounding stakes(5% on LTBF and 2% on SOL). The results here are to flat stakes. The LTBF(Lay the Beaten Favourite) is laying to a liability so I can include odds a lot higher than I would normally do.
But with a bit of patience and sensible staking you can turn in a good income from the software. It just won't happen overnight. Just be realistic with your expectations and expect some downturns(SOL are currently running at a 5% drawdown from the bank high from late November, but it's come back from worse) and you will be fine.
Thanks John and I'm following a similar approach. I've been looking at the SOL results and the results when laying the PLACE to a fixed liability are not far short of the Win results (the sample I looked at were +268 for the Win and +248 for the Place). If anyone fancies taking a look themselves it would give me the confidence to update my Fairbot strategy to lay the Place as well
)I've also had a little play with the LTBF results and the Place laying to a fixed liability is also in profit but at about 50% of the Win market returns. Still a work in progress though....
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Just for information, these are the two LAY strategies I am running with compounding stakes(5% on LTBF and 2% on SOL). The results here are to flat stakes. The LTBF(Lay the Beaten Favourite) is laying to a liability so I can include odds a lot higher than I would normally do.
But with a bit of patience and sensible staking you can turn in a good income from the software. It just won't happen overnight. Just be realistic with your expectations and expect some downturns(SOL are currently running at a 5% drawdown from the bank high from late November, but it's come back from worse) and you will be fine.
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Everyone ask @Adam why there are no selections on the horses today. He will get bored otherwise
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@mrs-h-m-price said in The BTC Horse Racing Thread:
Oh I see, so it's not the DSLR of any particular horse that changes, but the favourite horse of the race. I'm not using any strats that use the favourite yet as I don't quite trust the bot to match the software for this reason!
Exactly that. I know what you mean on the favourite thing but the shorter odds ended and 10 seconds out it doesn’t change 99 times out of a hundred. It’s a bit of a lottery apart from that. That’s not a fault of the software it’s just the way betting patterns work.
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Oh I see, so it's not the DSLR of any particular horse that changes, but the favourite horse of the race. I'm not using any strats that use the favourite yet as I don't quite trust the bot to match the software for this reason!
