The BTC Horse Racing Thread
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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.
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Short odds lays have been testing lately. Still well within previous swings.
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@nathan-cooke https://betfairtradingcommunity.com/en/blog/horse-racing-software-training-how-use-it-make-money
Basic Horse Racing Training
Page with videos from this section on https://betfairtradingcommunity.com/en/blog/free-betfair-horse-racing-trading-course-beginners
Intro to trading horses
Backing & Laying
Scalping & Ticks Explained
Dobbing, Back to Lay & Lay to Back Explained
Live Trading Example Dobbing (Back to Lay)
Lay the field explained
BSP Explained
Key Metrics to Consider
Horse Racing Jargon + Most Popular Strategies https://www.buzzsprout.com/1516057/10759795-horse-racing-jargon-most-popular-strategies-explainedFull Software Training
Introduction
The Meets View
The Races View
The Runner List
Quick Filters
Strategy Builder Overview
Strategy Bunker
Rule Builder Overview Part 1
Rule Builder Overview Part 2 - Simple Rules
Rule Builder Overview Part 3 - Scope Rules
Betting Rules
Strategy Results
Create A Strategy With Me!
Prebuilt Profitable Strategies
Quick Filters GuideStrategies
Pace Backs Strategy
Short Odds Lays Strategy
Beaten Favourite Lays
Back The Favourite
Back the Course & Distance Winner
Pace Lays Strategy
Lay Strategies
Live Lay To Back
Live Back To Lay
Pre Race Trading Part 1
Pre Race Trading Part 2General
Should I Trade Horse Racing
Reason You Should Trade Horses https://www.buzzsprout.com/1516057/10254677-the-reason-horse-racing-trading-is-so-popular
Preparing to trade Horse Racing https://betfairtradingcommunity.com/en/blog/preparing-trade-part-1-horse-racing-john-folan -
Cheers @martin flick them through
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@nathan-cooke said in The BTC Horse Racing Thread:
@martin I've been working through the videos on the 'free-betfair-horse-racing-trading-course-beginners' but I'll check out the start guide
I've got loads of training I could send you but don't want to overwhelm you, let me know when you finish your current training
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@martin I've been working through the videos on the 'free-betfair-horse-racing-trading-course-beginners' but I'll check out the start guide
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@nathan-cooke have you gone through @ryan's start guides for new members?
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Hey team, just joined and looking to get started trading. Feeling a little overwhelmed with where to start. What strategies to be looking at and if I need to sign up for a bot/trading software. Any advice or recommendations would be greatly appreciated.
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@panagiotis said in The BTC Horse Racing Thread:
@john-folan So, need to test it. Im following the 6 strategies and analyse the results month to month
good answer from John! here are my two cents
Q. Should I still test these before putting money on?
A. Yes, I will always advise forward testing any strategy for 1-3 months at least. This also helps you see the best approach for the strategy, for free! -
@john-folan So, need to test it. Im following the 6 strategies and analyse the results month to month
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@panagiotis said in The BTC Horse Racing Thread:
@john-folan I agree but when some strategies are back and forward testing for 2 years, what research do i need to do?
Check it's right. Check it can be replicated in real life(some can't). Will you achieve close to the odds offered? If you are botting it, then can your bot match the software(with an understandable margin of error)? etc
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@john-folan I agree but when some strategies are back and forward testing for 2 years, what research do i need to do?
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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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@panagiotis said in The BTC Horse Racing Thread:
If we follow blindly the 6 strategies from the preset section , isn't a way to be in profit in 2023?
Opinions?
Never blindly follow anything. Check and double check everything. You need to know why a strategy works and how it works before you put a penny down on it.
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If we follow blindly the 6 strategies from the preset section , isn't a way to be in profit in 2023?
Opinions?
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@mrs-h-m-price said in The BTC Horse Racing Thread:
@daniel-mills
@daniel-mills said in The BTC Horse Racing Thread:
@mrs-h-m-price
Do you set your stakes as a level amount or percentage of your bank?
Level amount, so in this case fixed liability of £10
It’s something to do with the maths. I have the same thing sometimes but again it balances out as you lose less on losing trades as well as winning less (slightly) on winning ones. I did have it written down somewhere as I worked it out a while back. I’ll see if I can find it. It’s something to do with the best price thing.
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@daniel-mills
@daniel-mills said in The BTC Horse Racing Thread:
@mrs-h-m-price
Do you set your stakes as a level amount or percentage of your bank?
Level amount, so in this case fixed liability of £10
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@karl-pick said in The BTC Horse Racing Thread:
Mark yesterday as first major success with a triple figure winning day!!!
Brilliant, this definitely needs to go on the weekly win thread!
