The BTC Horse Racing Thread

Martin

Keep all your horse trading discussion in here!

Shannon Townsend

@Adam Thanks Adam, will do...

Adam

@Shannon-Townsend You only have one rule in that strategy and it's a scope rule looking back at past races. It's therefore failing some validation in the daily qualifiers task because it's lacking a value for the upcoming race.

We can add some handling for this but as a workaround for now, if you add another strategy rule and just select all the options that should "trick" it into passing the validation.

E.g. add the Race Type rule and just select all the options so it doesn't actually filter anything out but will have a value for the upcoming race to work with.

Shannon Townsend

@Adam thanks, i have a half dob which is going nicely but these do not seem to appear...

Adam

@Shannon-Townsend Difficult to say without more info but I do see some daily qualifiers in the DB for your dobbing and outsider strategies and it looks like they updated a couple of minutes ago.

Shannon Townsend

anyone know why my daily qualifiers are not showing on my front screen? i have to run the stratagy each time to get them, i have pressed the toggle but do not show... am i missing something?

Tony Hastie

@Adam Ive actually used Deepseek to average the times across all courses and lumped them in to Good to soft and below and good and above. As well as setting them so they trade out around 1f from home. So 2 automations per distance, but for jumps only...

The race completed % rule on BA seems to be proving reasonably accurate for flats. Ive got 1 at the moment but will probably group them into lots of 2 or 3 furlongs to get over the increase in time as the distances get longer.

Its been quite fun to work out so if it doesnt work...at least theres that

Adam

@Tony-Hastie If you create a couple of them and export the rules file, ChatGPT might be able to generate the rest of the rule file that will import every course, distance and going combo...

Tony Hastie

@Adam Yeah, Ive started that, will be finished by christmas 2027

Adam

@Tony-Hastie I'm not sure tbh, I use their API to set stored values but thinking about it they're more for dynamic numbers that change over time.

Can you just hardcode them in an automation rule? I know you'd need a rule for each course / distance / going combo, but maybe you could just use the minimum times for each 4 furlong distance increment as a starting point or something.

Tony Hastie

@Adam Try as I might Ive not been able to put this file into BA stored values. Forum unhelpful and AI just seemed to take me around in circles!(using notepad mainly) Would you have any insight into how to do it? Could it be as simple as it not being an exel file? I run Libre office....

Greg Mitchell

@Adam Excellent thank you, exactly the same outcome as I had, just needed to check.

Adam

@Greg-Mitchell said in The BTC Horse Racing Thread:

Ok experts, can you help me out so I can check my calculations are correct please?

The Scenario is this:

I back a horse pre-off at odds of 4.0.
I want to trade out in running at a better price by 20% with a stop loss at a worse price by 40%

For a £1 initial bet stake, what is my P & L (excluding commission) in the following scenarios:

It trades out at the better price

It trades out at the stop loss price

This is the maths I would use if calculating manually:

Back price = 4.0
Back stake = 1.0

Desired odds movement = 20%
Desired exit price = 4.0 * (1 - 0.2) + (0.2) = 3.4
Desired lay stake = (4.0 * 1.0) / 3.4 = £1.18
Profit = 1.18 - 1.0 = £0.18

Stoploss odds movement = 40%
Stoploss price = 4.0 * (1 + 0.4) - (0.4) = 5.2
Stoploss lay stake = (4.0 * 1.0) / 5.2 = £0.77
Loss = 0.77 - 1.0 = -£0.23

Greg Mitchell

Ok experts, can you help me out so I can check my calculations are correct please?

The Scenario is this:

I back a horse pre-off at odds of 4.0.
I want to trade out in running at a better price by 20% with a stop loss at a worse price by 40%

For a £1 initial bet stake, what is my P & L (excluding commission) in the following scenarios:

It trades out at the better price
It trades out at the stop loss price

Adam

@Tony-Hastie I guess for this it would be good to know the fastest times as well so you don't get caught short trying to exit too late, so these are those:

min_times.csv

I haven't restricted these to the last year so those are literally the fastest times in our entire DB for the same breakdown.

Tony Hastie

@Adam This is awesome! Thanks a bunch...

The race % completed seems fairly accurate on BA for flats but jumps are much less so! Admittedly a very small sample size of the last 2 weeks but a 93% trade out time has traded me out anywhere from 5 to 59 seconds for the 2m jumps. Other distances not much better...

Adam

@Tony-Hastie Attached is a CSV with the times for each course, distance and going combo.

Some notes:

This is calculated from the last year's worth of races (there's a tendency towards faster races as time goes on)
It uses the median time rather than average to remove outliers
I've rounded to the nearest second which should be fine for this
It uses the actual going rather than the pre-race predicted going
The distances are also rounded to the nearest furlong or there would have been even more results!

Not sure about BFBM but you should be able to load these into BA as stored values so you can use them as automation triggers.

median_times.csv

Tony Hastie

I could share some data on min, average and max times for different conditions from our data if it would help.

That would be awesome if you could do that thanks @Adam

Adam

There are issues with Betfair's streaming API currently so advise everyone to be careful if you're running bots on Aussie horses, dogs etc right now.

As usual their service status page is the last to know and is currently reporting everything is fine

EDIT: Seems to now be resolved as of about 08:58 UK time.

Adam

@Tony-Hastie said in The BTC Horse Racing Thread:

I tested mine all yesterday on random selections(and didnt have a loss! Who needs racing software) Found that set at 70% race distance I would green up 20 sec from finish of a 5f. That time increased the longer the distance on the flats. With jumps Id set it to 95% and it would still be a minutue or more from race end! BFBM more accurate than that?

I could subscribe to a site called Total Performance Data and could use the automation to get very accurate trade out times...but its another sub on top of the 4 Im already paying

I'm surprised BA wasn't more accurate than that, there's not that much variation in times once you account for the basic things that affect the speeds. You could research this pretty well in our software, although it would be easier if you could group by multiple factors which is on the roadmap.

I could share some data on min, average and max times for different conditions from our data if it would help.

% completion of the race would be a good trigger for us to add to the betting rules actually, I have added this to the roadmap too.