The BTC Horse Racing Thread
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Today has been a good day in the long journey of trading.
I messed about in December with how I wanted to trade going forward and felt pretty confident. I’ve been disciplined and although 1st Jan was a stinker it recovered well. From 2nd - 6th Jan was either break even or profitable. 7th has been a slight drop. Overall, up in the week.
It reminded me of an extract from Ray Dalio’s book ‘Principles’ where he describes progress as a mini cycle, within a bigger cycle, within a bigger cycle, etc. but the trend moves up. This week is an almost mirror repeat of last month, which when I zoom out is a repeat of last year.
I guess I’m trying to say, stay patient. The software has been fantastic as a guide and predictor for what obstacles and trends you’ll likely face.
That or watching Palace lose yet another home game in the rain has left me searching for any scrap of potential happiness.
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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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Finally a profitable day on the short odds. I love Chelmsford
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@karl-pick @Daniel-Mills , thanks. I had done all that. Just went back in now and it still wasn't showing. Then a changed a few filters then changed them back. Went in again and its now showing.
Weird, maybe something I did but at least its fixed now.
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@fraser-cord ...have you clicked the Actions button on the furthest right?
It goes green when you have done it? It will then be in your daily qualifiers list. -
Been looking for a dobbing strategy that is viable. This one is Jumps only with minimal filters(one additional). It concentrates on the 2-8 odds range(and yes I know you are basically backing to win at 2.0) so hopefully the horses with the most liquidity. Have a nose.
0_1672918112691_Jump_Dobs.json
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@fraser-cord have you ticked the button to turn it on in your daily qualifiers? Caught me out the first time I used it
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Hi all
Wondering if anyone can shed light on this. Been going through the filters to check the selections match what i have been backing/laying. I know there may be the odd difference but making sure im roughly inline.
With back C and D winner, the software isnt showing any selections since 29/12/22 yet there have been lots shared on the daily email since then. I just copied the base filter from the presents as I assume that is where the daily email selections come from?
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@john-folan this is brilliant advice thank you.
I am currently not doing any Pace Lays and Beaten LTO Favs Lays, because of the hit it can have on building my bank, but with this I can see how it works better if I use this methodology. -
@robert-cooke said in The BTC Horse Racing Thread:
@john-folan thanks .I have been doing that. Just wanted make sure . Cheers
Have to say Liability is the way to go on most things laying over 3.0. Especially with a good spread of odds. Just means you can manage your bank easier. Less wild swings to the red. Takes longer to build but there’s always a trade off somewhere.
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@john-folan thanks .I have been doing that. Just wanted make sure . Cheers
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@robert-cooke said in The BTC Horse Racing Thread:
@john-folan is that 2% lay stake? . So the liability would be a bit more than 2%
Yes. 2.8% as a maximum liability Or you can do it as a 2% liability whatever works for you.
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@john-folan is that 2% lay stake? . So the liability would be a bit more than 2%
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@john-folan said in The BTC Horse Racing Thread:
@robert-cooke said in The BTC Horse Racing Thread:
@john-folan what % of the bank would you recommend for the lays stake for the short odd lays . Thanks john
I do 2% of a separate trading bank. Each of my strategies have their own
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@robert-cooke said in The BTC Horse Racing Thread:
@john-folan what % of the bank would you recommend for the lays stake for the short odd lays . Thanks john
I do 2%.
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 what % of the bank would you recommend for the lays stake for the short odd lays . Thanks john
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Finished on a win to take the pain out of the day a bit
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@fraser-cord Yeah I’m the exact same as you Fraser, I went live with John’s Short Odds Lays with real money on December 1st and I’m currently eight points down at present, but as the great man himself has said, have faith that it will come back our way, which is what I’m doing, even though it can be a little challenging some days
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@fraser-cord said in The BTC Horse Racing Thread:
@john-folan I was going to ask earlier, from what I can see its not been performing over the past month or so, that correct?
I know with all trading there will be ups and downs just difficult when you begin on a downturn. Got to stick with i guess.
Sadly yes. Lost count of the times I dropped a strategy and then it came good after. The base filters on these are well in profit overall so have complete faith it will come back.
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@john-folan I was going to ask earlier, from what I can see its not been performing over the past month or so, that correct?
I know with all trading there will be ups and downs just difficult when you begin on a downturn. Got to stick with i guess.
