The BTC Horse Racing Thread
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Question.
Does anyone use stop losses in live trading? Some of my big lay strategies perform a fair bit better using a stop loss according to the backtest. Not unrealisticly tight ones, talking about stuff around 60 ticks. Wondering if anyone uses them and what they think about it in terms of execution, matching, max stakes etc.
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@Jonathan-Jones BFBM is the way
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@Martin
Absolutely loving the analysis betfair bot manager allows me to do on multiple strategies. Its something thats completely missing from Fairbot. Also loving how i havent had to touch a damn thing for 3 days. Can spend my time watching cat videos on youtube instead. -
@Martin ...I have given up on it, maybe I'm too old (old fart new technology). Just annoyed I paid for 6 months and never got it too work!!
I will have to stick to my Quill and paper methods! -
@Adam
1,2 and 3(3 is minimum of 5 races too) are stand alone searches I currently do. For instance 1, a 70% DOB rate wont necessarily have to have at pace rating of 9 or 60% DOB rate across course, going and class. Hope that makes sense...I then currently manually check the shortlist those 3 searches generate for a current(say, within a month) DOB over the distance(+2f, -1f), and class
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@Dan-MacKinnon thanks for sharing!
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@Martin said in The BTC Horse Racing Thread:
Anyone got any good things going with Dobbing at the moment? It's not something I have any current strategy on and I get asked about it a lot. Just wondering if anyone is having success with that type of trade?
I did mess about with one a while back. It's more of a mix between DOB and Lay The Field
rules_export.json -
@Tony-Hastie That should be possible.
Just to confirm, are all 3 of those criteria mandatory, so they all have to be true? Or is an either/or thing.
Also, when you say you "check" for recent DOB at distance and class, can you be more specific about what that means? The way you've described it in your numbered points is perfect as I can convert that strategy rules for you.
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I have 3 different criteria to make a shortlist
- 70% DOB, Min 5 races
- 60% DOB, min 5 races, pace number 9
- 60% DOB across course(min 2 races), going and class
I then check all for recent DOB at distance and class.
If the software can do that Im here for life
I checked out @John-Folan s DOB the slow horse, and Ive just had a look at @Wayne-Thomas s too. Couldnt see a way to do mine...
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@Wayne-Thomas that's fantastic! Good work
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@Tony-Hastie most things can be might be worth asking @Adam
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@Martin This is my dobbing strategy that I created in February. 54% strikerate and 7% ROI.
Backtesting shows 54% strikerate and 8% ROI, so looking promising.
Slight issue with matching the individual trades in forward testing but I've recently changed it to allow any number of selections, which shows the same ROI and should eliminate the missed trades due to non-runners.
It will probably tank now that I've shared it!
dobbing.jsonThis is a Bet Angel bot that I use for the strategy, just in case that is of any use to anyone.
Dobbing.baf -
@Martin Im doing OK. Havent been able to work out how to put my criteria into the software as yet(not sure its doable) so still doing it manually with the help of a dob stats sheet for the days racing from another site Im a member of.
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@Joe-Beeston if you look at the criteria in the filter it will tell you if there is anything specific that means it has to be said horse if they are 3rd fav (such as age filters etc)
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The lay the 3rd fav. Looking to forward test...do we go off the selection on the filter or just the 3rd fav at the off? I appreciate we are going to try and get qualifiers as late as possible but which should we go off? Thanks and apologies if answered
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@John-Folan
Everything matched perfectly yesterday. Wasnt a huge number of bets but it did match. Interestingly Fairbot was running on sim and also matched perfectly. They must run sim totally differently. BFBM warns about delayed data, Fairbot doesnt, also BFBM was obviously placing bets at prices that never existed. I dont remember any issues like that when i was using Fairbot in sim mode. -
@Jonathan-Jones said in The BTC Horse Racing Thread:
Changed my refresh rate. It was default of 1000.
Thanks,
Is your strategy more accurate by the way? Meant to ask earlier.
