The BTC Horse Racing Thread
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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.
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@Daniel-Mills said in The BTC Horse Racing Thread:
Noticed some discrepancies in my dobs results this week. ~4pts down instead of 4pts up.
Road testing without the safety hedge I set up in BFBM to see if that puts it in the right direction this week. Software doesn't seem to think it makes too much difference, need to see how that translates live.
Anyone using the back to lay 2.0 checked theirs yet?
I am running the Back to Lay 2.0 on BFBM but haven’t compared to the back test yet. Based on Jonathan’s post sounds like I might need to readjust the settings/back test a bit to compare more accurately!
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@Daniel-Mills
You will have. This strategy cannot be accurately modelled in this software. With the stop loss its going to be worse but even without it you wont ever get a perfect match.
Without the stop loss you can use the method i described below to see if the strategy is actually likely to even be profitable (because this backtest software alone cant tell you that for certain) in the real world. With the stop loss then its no better than flipping a coin.
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Noticed some discrepancies in my dobs results this week. ~4pts down instead of 4pts up.
Road testing without the safety hedge I set up in BFBM to see if that puts it in the right direction this week. Software doesn't seem to think it makes too much difference, need to see how that translates live.
Anyone using the back to lay 2.0 checked theirs yet?
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is this lapsed entry or exit?
This will be an issue with any DOB or trading type strategies that use an exit. The software uses LTP for its entry. In reality LTP might not still be available.
The way to handle un-matched entries is to request a few ticks worse than best price. That way you are pretty sure to get matched. Problem is if your entry isnt what the backtest thinks it should be then you cant be sure your exit even got hit let alone fully matched. So, you will end up with un-matched exits and the software tells you that you won that bet.
You cant model this scenario but you can get an idea of what the worst case for your strategy might be. You can add the IR Low field (and of course the enrty/exit price) to the individual trades output. Then in excel you can easily remove any winners that dont go more than x ticks lower than the exit. Its not a perfect solution but it will tell you if your strategy is actually profitable assuming worse case of bets not matching.
Note:
Wont help if using big stakes and possible low liquidity. -
@Dan-MacKinnon as long as it doesn't change anything I don't see anything wrong in checking results but I do get the temptation!
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@Martin said in The BTC Horse Racing Thread:
Had first losing day since using automation yesterday on the horses, much easier to take isn't it you don't let emotion get involved at all.
Onto Cincinnati!
You will have plenty more.
Got kicked on the lbtf yesterday. Not that I knew anything about it. Went to see Barbie in the morning(Margot Robbie 
) and Oppenheimer in the afternoon(Emily Blunt). Barbie surprisingly better than I thought. Oppenheimer really intense. -
@Martin yeah I find it a lot easier to deal with bad days. My only trouble is I told myself I won’t check the results until the weekend, and then I’m checking it all the time.
I think I need to ban myself and check it once and that’s it
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Had first losing day since using automation yesterday on the horses, much easier to take isn't it you don't let emotion get involved at all.
Onto Cincinnati!
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@Correa Lay 3rd Fav.gz
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@Martin said in The BTC Horse Racing Thread:
@Correa keep an eye on the Irish Dobs and Lay 3rd Fav had a very good first week of forward testing for me so far.
@Martin Will do. I think I've seen the BFBM bot somewhere in the forum for the Lay 3rd Fav strategy, but I can't find it. Would you mind sharing it again? Thanks!!!
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After a terrible start, backing the favourite is making a comeback. I'm wondering if the past two days of rain could greatly influence this strategy.
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@Robert-Tabbenor said in The BTC Horse Racing Thread:
trawl
you would need to create the file if it's not here.
These are the ones I have, give them a look though these aren't strategies I use so they will need checking they work and staking etc looked at. drive-download-20230803T070557Z-001.zip
