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:
@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...
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@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...
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@Adam said in John’s Horse Trading Resources:
@John-Folan said in John’s Horse Trading Resources:
3 points lost today. Bloody rain
I know we've talked about this before... are you seeing any correlation between the weather vs the going? In other words, the actual weather being a deciding factor independent of the going?
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?
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@John-Folan said in John’s Horse Trading Resources:
3 points lost today. Bloody rain
I know we've talked about this before... are you seeing any correlation between the weather vs the going? In other words, the actual weather being a deciding factor independent of the going?
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3 points lost today. Bloody rain
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@Tony-Hastie said in John’s Horse Trading Resources:
@John-Folan Yeah, doing really well in the races I can get on. The school run and after school clubs put a bit of a damper on things though!
Story of my life that was. I’m very lucky now. They are old enough to not be as much aggro
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@John-Folan Yeah, doing really well in the races I can get on. The school run and after school clubs put a bit of a damper on things though!
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@Tony-Hastie said in John’s Horse Trading Resources:
@John-Folan Going back to the L2B for a moment...
Dreammaker suggests he will only enter the market if there is plenty of lay money below the current lay price. How much would you regard as plenty? Ive been looking at about £50 at each of the next 3 prices. Its a starting point I guess. Interested to see your take...
BTW I found the guy who created this strategy in a discord group I lurk in...
He posted it in may 2023. Its much the same as the one in your original post. 2 new rules though...- needs to be 6 runners minimum
- must have had at least 4 previous runs
I’m usually looking for about the same. Preferably more. A good sign a horse is expected to fail and people are looking for value and may have already drifted.
Makes sense I usually leave lower runner numbers alone as a matter of course. 4 previous runs is a nice form history to start with as well.
Doing ok with these? Shame they can’t be automated but I just find the stop loss is taken too quickly
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@John-Folan Going back to the L2B for a moment...
Dreammaker suggests he will only enter the market if there is plenty of lay money below the current lay price. How much would you regard as plenty? Ive been looking at about £50 at each of the next 3 prices. Its a starting point I guess. Interested to see your take...
BTW I found the guy who created this strategy in a discord group I lurk in...
He posted it in may 2023. Its much the same as the one in your original post. 2 new rules though...- needs to be 6 runners minimum
- must have had at least 4 previous runs
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Scratch today. 1/1 dobs 0/1 trobs
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@John-Folan unbelievable effort!! Great work
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@John-Folan 19pts on Trobs is insane! Well done