The BTC Horse Racing Thread
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@martin said in The BTC Horse Racing Thread:
@john-folan said in The BTC Horse Racing Thread:
My flat pace is having a storming month. Really need to look at those and how to reduce the variance. The LLR can be testing.
Horse strategies are flying at the moment, think I need to do an update next couple of weeks. Which strategies do you suggest adding? Also going to develop some Dob and Trob ones myself!
Can i request that any strategies that go out come with some small instructions, dont have to be massive just like john has indicated below:
Number of Runners 4-14.
Odds Between 1.8-2.4.
DSLR: 3-200. -
@john-folan said in The BTC Horse Racing Thread:
Short Odds Lays
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
My short odds are for Wolverhampton and Punchestown. I might have a look at the no of runners and DSLR to see if that makes a difference
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@john-folan said in The BTC Horse Racing Thread:
My flat pace is having a storming month. Really need to look at those and how to reduce the variance. The LLR can be testing.
Horse strategies are flying at the moment, think I need to do an update next couple of weeks. Which strategies do you suggest adding? Also going to develop some Dob and Trob ones myself!
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My flat pace is having a storming month. Really need to look at those and how to reduce the variance. The LLR can be testing.
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 -
Short Odds Lays
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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@joshua-varley said in The BTC Horse Racing Thread:
@dan-mackinnon Yep spot on - I think you might be right about the differences being down to the staking- I've been doing fixed stakes thus far. I've also being toying with the timing of entry a little too. Today was ever so slightly a winner, but it's a very fine line! haha
Yeah, it's all down to how you want to trade. With fixed liability it's frustrating when a shorter horse loses because you feel cheated. Then again when a 15.0 horse wins it's nicer having a limit to how much you lose! I went through all the individual results and having 2 losers in a row seems to occur roughly once a month so that's something else to look out for
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@chris-osborne same as what John said. I use my Beaten Fav with fixed liability (a good guide is to look at the maximum drawdown and that gives you an indication of what a bad day will look like, that might help you with the staking). The short odds lays are a slight variation on John's megathread one but it's very similar so imagine we're getting the same ones coming up. I just stake 1% on them as they're close enough to evens most of the time it doesn't make much of a difference with fixed liability.
Those 2 are probably a good starting point and when one loses hopefully the other will balance it out. I don't know if you use a bot but you don't really need it for the beaten favourite which is another reason why it's a good starting strategy.
I'm messing about with another strategy which looks promising and again won't require a bot so hopefully can be used as a set and forget. Once I've finished messing about with what I'm currently doing I'm happy to share it and post selections if anyone wants to follow along
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@john-folan Thanks its appreciated
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@chris-osborne said in The BTC Horse Racing Thread:
@dan-mackinnon, @John-Folan I'm liking the lay to a set liability approach in the software something I've never considered but been put off by the liabilities you could be seeing.
Which strategy are people using for the LAy short favourites, there's so many floating around.
I've not really used the racing software enough to make it worth my while and need to make a decision over the next couple of months but if I can find a couple of decent and profitible strategies that pay for the software then I'll keep going with it until I have the time to delve into in more detail.
I’m using my short odds lays V2 from the megathread. Beaten Favourites are completely different. They are the liability ones. I tagged it below earlier today from Dans post a week or two ago.
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@dan-mackinnon, @John-Folan I'm liking the lay to a set liability approach in the software something I've never considered but been put off by the liabilities you could be seeing.
Which strategy are people using for the LAy short favourites, there's so many floating around.
I've not really used the racing software enough to make it worth my while and need to make a decision over the next couple of months but if I can find a couple of decent and profitible strategies that pay for the software then I'll keep going with it until I have the time to delve into in more detail.
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Short odds lays lost 3 points today. But to put it in perspective they will lose 370 times out of every 1000. Still a cracking month
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@dan-mackinnon Yep spot on - I think you might be right about the differences being down to the staking- I've been doing fixed stakes thus far. I've also being toying with the timing of entry a little too. Today was ever so slightly a winner, but it's a very fine line! haha
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@joshua-varley said in The BTC Horse Racing Thread:
@Dan-MacKinnon Hi Dan - out of curiosity, who did you have that lost today, as mine ended up a winning day? Won 3, lost 1.
Duke of Luckley. The 1pm at Carrick. Is that the same for you?
I’m doing fixed liability so that’s probably why my P&L for the day might be different. If you can handle fixed stakes then that’s the way to go but I don’t really like the potentially big losses
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@ryan said in The BTC Horse Racing Thread:
I'm going to get them automated @John-Folan defo!
It’s the only way to trade. Well apart from scalping but that’s a different story
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@Dan-MacKinnon Hi Dan - out of curiosity, who did you have that lost today, as mine ended up a winning day? Won 3, lost 1.
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@nick-allan said in The BTC Horse Racing Thread:
@john-folan said in The BTC Horse Racing Thread:
@nick-allan I tagged Ryan and Martin in the one Dan shared a couple of posts back on this thread. It’s virtually identical to mine. The settings are there to download.
cheers john, i take it that it basically lays the fav in the race like your shorts odds strategy, except the odds are between 3-15? or it is like the martin pace lays where you lay the daily selection?
You have to lay whatever horse it says as long as it fits the criteria. To be honest you can go outside of that range if you want and it's not overly time restricted. I put this to the test by using my £20 Betdaq bank and laying whenever I had time.
Today was actually a losing day so be warned if you're being aggressive
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I'm going to get them automated @John-Folan defo!
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@john-folan said in The BTC Horse Racing Thread:
@nick-allan I tagged Ryan and Martin in the one Dan shared a couple of posts back on this thread. It’s virtually identical to mine. The settings are there to download.
cheers john, i take it that it basically lays the fav in the race like your shorts odds strategy, except the odds are between 3-15? or it is like the martin pace lays where you lay the daily selection?
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Will start posting the potential short odd lay races from tomorrow. Subject to runner numbers and price of course. I’ll make it obvious in the thread.
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@nick-allan I tagged Ryan and Martin in the one Dan shared a couple of posts back on this thread. It’s virtually identical to mine. The settings are there to download.
