The BTC Horse Racing Thread
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@Greg-Mitchell
Yep. And these are imported selections its betting on. Its just the price for those specific selections doesnt meet the criteria. The price for others does. So its betting on them, and also these. -
@John-Folan Can only be that
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@Greg-Mitchell Funny I just looked at one of mine and it's set exactly the same on that page as Jonathon's and it works. Your comment is the only reason I can see why it wouldn't work.
I've also done the ignore tick list as well as per below.
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@Jonathan-Jones Have you got your Staking rules set to bet only on imported tips as per your previous bot pics
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Hi please can someone email me the BTC horse races for today. I usually receive the email in the morning but it hasn't today thanks Danny
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More BFBM Help please.
How do i make sure it only bets on imported selections where the price is in the range?
The example has this 'Min/Max selection price' rule:
But its not right. It really does seem to place a bet on my selection if ANY runner is in that price range. I want it to just be that selection.
I know my current setup isnt correct because i get many more bets than i should . I check a couple from yesterday and according to the software (and on Fairbot) the selection never traded in the price range.
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Just been reading an interesting study about distance travelled and thought I'd share as it came up the other day:
Quite a nice logistic regression study which seems to suggest there's not much relationship between distance and wins alone, but it might be interesting to research some of the other potential "confounding factors", for example prize money. It makes sense that the races further from the stable are the ones with higher prize values, to make it worth the travel, but they may also be harder races to win.
The software makes it pretty easy to explore these other factors by changing the group breakdown of the results
The limitations of the study are that it only focuses on one trainer, and also it's a few years old. Maybe things have changed post-covid now the horses aren't self-isolating any more
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@Joshua-Varley Just that individual bot
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@Greg-Mitchell *selections
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@Greg-Mitchell P.S sorry, one more thing - with the 1 bet per market selected, would this affect other possible solutions, using different bot, or does it only apply to that single bot?
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@Greg-Mitchell you're a star - thanks mate!
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@Joshua-Varley Yes it would do the trick, but be careful because just thinking it through, the single selection may change during the "betting time", so as well as setting the Min/Max selections to 1, I would change the setting sin the bot "Edit" section (se Jonathans screen shot earlier) to only allow 1 bet per market. This will then only place a bet if there is a single selection at any given time during your "betting window".
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@Greg-Mitchell Hi Greg - sorry to jump in again, but quick question about the min/max number of qualified selections you mentioned in the staking rules on BFBM, as I hadn't come across it before and i'm curious if this would work for the following problem:
I want to place a lay bet on horse if it meets the all the other criteria (price, time etc.), but I only ever want to bet on a single horse in a single race. Sometimes, there will be multiple selections for a race - if one of these meets the criteria, but the others don't, then I'd still like to place the bet on the horse that does. However, if more then one meet the criteria, i'd want to avoid betting all together.
It seems like the staking rule you mentioned might be the solution to this?
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Great. THanks,
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@Jonathan-Jones I have a very similar bot for Dutching the 1st 4 Favs and I use Start Price to Determine the Favourite and it has always worked, even though I am putting the bet on at 10 secs before the start time.
The determine favourite from before in play, would only be required if you wanted to bet in play (I think), so no need to tick that.
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Never noticed this.
So, chance is probably wrong (whatever that is). AS i am 10 seconds before the start wouldnt 'Back' be more correct?
Also, What is the 'Use favourite positions from before Inplay" checkbox? Should i tick that too? -
@Jonathan-Jones What criteria are you using for Determining the favourite in the Bot "Edit" settings? Try changing it to Start price.
Also tick all the ignore rules in the "Bet on Imported selections/tips" rule
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No. I never use that.
Software might give me several selections. Backtest will also often have 2 or 3 bets on a race. Fairbot does go over on bets but that only ever if a horse has moved in and then out of the top 4 in the last few seconds. BFBM is betting on even more.My BFBM is just testing at the moment so my data collection is a bit sporadic (as in it often gets nuked) but there is definietly something not set up right
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@Jonathan-Jones In addition to what @Greg-Mitchell has said, in the software, have you got a max number of selections chosen in the strat builder?
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Can be more than 1 selection. The software will provide me with several selections (or could be several) for each qualifying race. What i want is for each of those selections to place a bet if:
in the last 10 seconds before the official start
The odds are between 3 and 25 inclusive
The selection is in the top 4 (so fav 1,2,3,4).So i may get more than 1 bet per race.
Thats pretty much it.
I do get differences from the backtest in fairbot but thats because the selection might of been in the top 4 at 10 seconds out but not at BSP. So i get an additional incorrect bet (waiting on the big update to see what difference that actually makes to the bottom line). Thing is they are easy to identify in fairbot. I get more bets in BFMB than fairbot or the backtest so something is not correct with my setup for the strategy.