The BTC Horse Racing Thread
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@Correa check against the backtesting. Mine shows 5 losses this week which matches the backtesting.
I've been trading LTBF for nearly a year and can confirm it's profitable. When it's good really good! But when it's bad it is tough to stick it out.
Like Martin said it's good for training your mindset. First off, start with a bank that if everything went wrong you have written it off. If you can automate, just don't look and let it go. Make sure the results match the backtesting and let time do the work for you.
If you need any tips or help with stuff let me know and I'm happy to share.
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@Martin I might have done something wrong with this strategy since yours shows 17/19 wins while only yesterday I had 2 losses. I have been running it since 27/07 with 10 losses so far. Could you please share your json and .gz files again so that I can compare them? Thanks!
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@Joe-Beeston said in The BTC Horse Racing Thread:
@Martin Hey,
Has the latest one (.json file) been updated on the OP of the horse racing megathread page?
Good point just updated it: https://forum.betfairtradingcommunity.com/topic/3531/horse-racing-strategies-megathread/2
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@Martin The data don't lie and I trust the process. 100% mindset, so I'm working on it and I’ll be the laying master in no time
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@Martin Yeah, I need to double check what the bot is doing against the data from the horse software since mine isn't doing well. Since this is my first month, I'm still using £1 stakes, and I feel like it's hard to recover after one loss. As an example, if I lay at 9 and the horse wins, it takes two or three days to recover from this hit, assuming I have a streak of wins which is not always the case. While I can see that it's profitable using the backtesting, I still don’t feel very comfortable laying, hopefully I’ll get used to it with time.
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@Martin Hey,
Has the latest one (.json file) been updated on the OP of the horse racing megathread page?
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@Correa my ltbf has done ok, are you using the latest one? mind you I missed Sunday was that the bad day?
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@Martin best one so far running on BFBM. I can't say the same about laying the beaten favourite though. Not great in the past few days.
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Shared banks are fine for win betting (2-3 strategies), but I never use them for laying. You can put a huge dent in a bank in a short time laying.
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@Martin said in The BTC Horse Racing Thread:
@Joseph-Henderson ah right then should be same one I would think this is the bot I use Back to lay dobs.gz
I’ll check that out against the one I’m using - cheers
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@Joseph-Henderson ah right then should be same one I would think this is the bot I use Back to lay dobs.gz
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@Martin said in The BTC Horse Racing Thread:
@Daniel-Mills is this your own strategy?
My back to lay dobs are -0.52pts and irish dobs are 9.1pts up since last Saturday when I started forward testing.
it's the back to lay 2.0 you posted, I set up the bot myself though. Looks like the only difference with the bot was the hedge which i've got rid of and will keep an eye on for a bit longer.
Cheers to Jonathan-jones and Joseph Henderson too for the input. Will have a proper nose through - missed the original response to David's query about the DOB's.
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@Martin That is running it as a DOB strategy and without the stop loss, sorry should have made that clear.
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@Joseph-Henderson I turned it into a dob strategy works much better, although I then turned that into a Irish dob strategy which is doing really well so far, only been a week though so not enough time to truly judge it.
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@Jonathan-Jones Glad you flagged this issue!
Back to Lay 2.0 is showing a profit of 2.94 for August (1st to 6th inclusive) compared with -6.46 running my bot. One to probably do some more detailed back testing on using the method you outline.
