The BTC Horse Racing Thread
-
@keith-dow said in The BTC Horse Racing Thread:
Evening chaps. It's been a funny one at Buck Rogers Down. I've traded and watched them all. A good few would've matched 3 (sadly I was on a different strategy) and the ones that looked likely never bit.
Here is who Will Rogers is if you are interested....was a big deal in Okie land back in the day.
https://en.wikipedia.org/wiki/Will_Rogers
The racetrack is on a Cherokee reservation in Oklahoma hence they named it in honor of him.
There is some really low grade stuff starting up now from Nebraska. Fortunately for you guys it probably doesn't get started until you have gone to bed!
-
Evening chaps. It's been a funny one at Buck Rogers Down. I've traded and watched them all. A good few would've matched 3 (sadly I was on a different strategy) and the ones that looked likely never bit.
-
@james-everard said in The BTC Horse Racing Thread:
@richard-latimer Right with you . So because there was all that money matched at 2.0 If never quite managed to fall below that's annoying mate
Yeah I know. I pondered 2.0 as well but went 1.98 in the end haha!! Could have gone for 2.0 but still been unmatched I guess if there more than £800 queued. 2.02 would have been guaranteed.
@Alan-Steward still without a proper loser if taking 2.02.
-
@richard-latimer Right with you . So because there was all that money matched at 2.0 If never quite managed to fall below that's annoying mate
-
@alan-steward said in The BTC Horse Racing Thread:
Yep 1pt loss for me and as the race was on during tea time I didn't measure all other lowest traded price
Closest after 2.0 was 3.1. I looked at the graphs after.
-
@james-everard said in The BTC Horse Racing Thread:
@richard-latimer I was taking Charles advice as he is testing around the 1.7 mark only a small loss though which I can accept. So you got matched at 1.98 if so I wonder what the lowest the 2nd place got to must have been around 1.85 mark ?
No, there was the winner @ 1.01 obv and 2nd place @ 2.00. Missed it by a tick.
-
Same here gents, was sure this was going to get 2 matched but no joy
-
Yep 1pt loss for me and as the race was on during tea time I didn't measure all other lowest traded price
-
@richard-latimer I was taking Charles advice as he is testing around the 1.7 mark only a small loss though which I can accept. So you got matched at 1.98 if so I wonder what the lowest the 2nd place got to must have been around 1.85 mark ?
-
@richard-latimer Went in at 1.74
-
@james-everard said in The BTC Horse Racing Thread:
@richard-latimer Strange only one got matched seemed quite a tight end to the race , I went for 1.74 odds did you go higher and got matched?
Didn't see this. I went 1.98. See £800 matched @ 2.00 haha
-
@james-everard said in The BTC Horse Racing Thread:
@richard-latimer yes I'm on
What price did you go for?
-
@richard-latimer Strange only one got matched seemed quite a tight end to the race , I went for 1.74 odds did you go higher and got matched?
-
@richard-latimer yes I'm on
-
So trying to get back into this it looks like the 20:15 qualifies
-
@alan-steward said in The BTC Horse Racing Thread:
@richard-latimer Here you go mate, obviously variance is still to kick in but you can see all my criteria below.
You really need to measure and gauge to get your own feel etc.
@Alan-Steward Also, I don't know if it's a mistake but you've put profitable race no by 2nd but 2 horses matched and 0.25 profit?
-
@martin-futter said in The BTC Horse Racing Thread:
Thanks Martin me being lazy should have looked myself. Interesting sounds like this type of race would meet our criteria most do you think?
-
@richard-latimer said in The BTC Horse Racing Thread:
@alan-steward Cheers. Are you doing evens then?
Never going to be successful trying to do LTF at even money. You need 2 to convert to just get your money back
I am currently running my experiment at 1.76 and have upped the minimum liquidity to 100K (and that might not be enough but its a starting point).
-
@charles-cartwright said in The BTC Horse Racing Thread:
Lots of interesting posts and activity on here!
Funny that there is more now when there is no horse racing in the UK than when there is!!!!
As a sort of 'expert' on horse racing I would be happy to try to answer any questions that people have.
What I would say is that I see a lot of what looks like over-interpretation based on very small amounts of data which is probably fair enough given the thin gruel we have to try to trade on right now.
As I mentioned earlier in this thread I have set up an automated LTF on BFBM and will use that to generate some data on that type of approach.
One immediate thing for people trading on the US racing is that racing is only going on in a couple of states right now for the most part and that these are generally pretty low grade races. Nothing against that necessarily but it is going to be hard to extrapolate any of this once things open up more.
Again....data data data is what is needed.
There is way more racing than anything else though haha
-
@alan-steward Cheers. Are you doing evens then?
