The BTC Horse Racing Thread
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Now the Software results
LTBF. One les selection hit and I did 0.2 of a point better than the software
SOL. I had two more selections as they were borderline so i did 0.7 worse than the software
Do I care? No. Because it all irons itself out in the end.
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These are taken from my bot results
Lay the Beaten Favourites to a fixed liability with my cash p and l deleted. Net profit and loss for each one
Short Odds Lays. To flat stakes
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No one is going to get the exact same results as odds move way too fast. Even if you are running the same bot. It will depend on machine speed, internet speed, how many markets you are monitoring at the same time.
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@john-folan said in The BTC Horse Racing Thread:
@greg-mitchell said in The BTC Horse Racing Thread:
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!
As I’ve mentioned many times I’ve got my own variation of the ltbfs. I also lay to a fixed liability on the ltbf’s. The short odds lays and the ltbfs I shove in a bot and let it get on with it. On the short odds lays I had two losers and 3 winners. I haven’t even checked the results against the software because yet. I had a couple scrape in at the edges of the odds range on the short odds lays so will probably be different. On the ltbf’s I lay all odds from 1.01 upto and including 30.0. To a one point fixed liability. Not flat lays as that is suicide.
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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....
