The BTC Horse Racing Thread
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@john-folan so I've had a play around with laying at short odds in play I think I've come across a possible strategy. I've only been using this software for a short while. So I don't know if this is something that could be used.
If you or someone else could take look at this and let me know if it's a good idea to start testing this one below, it looks like it has good potential on paper. I'm sure it could be improved by someone also. -
@john-folan im also looking into this, i've created a simple profitable strategy so far but it's only profitable if you exit the trade at around 15/20 seconds, adding a stop loss also improves it slightly. So it's more for manual trading I guess.
May look into a HDOB or TROB strats to see if there are any better alternatives.
I am also going to look into laying the pace horse as a alternative. My idea is looking for horses that typically lead near the end of the race but usually weaken so you could set the odds at say evens to lay in-play. A bit like laying the field but being more selective finding horses that usually run well but struggle to win.
Just an idea so far anyway. -
Trying to nail down a decent dobbing strategy.
Going for the old favourite of running 50% lower than bsp over a career which on the face of it shows a loss. Quite interesting as all the usual suspects (Caan Berry, Patternform IRTT, etc) push this as the go to starting point.
I’m investigating further but finding something this way is not really providing enough selections to make it worthwhile
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Hi Martin has the horse racing email been sent this morning, I've received the football, but not the horse racing. Thanks
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Hi folks, does anyone know how to pull the average odds from the software without doing it all manually?
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@emily-knowles Brill, thanks!!
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@emily-knowles said in The BTC Horse Racing Thread:
@stephen-beale I don't automate the scalping, I like to do it manually so I can decide which ladder looks best and change mid trade if needs be.
I didn't get on with Caan Berry, I got a refund on his course. I really like Peter Webb who runs Bet Angel. Here is a link to his free training https://online.betangelacademy.com/collections?page=3 (@Martin please delete if this isn't appropriate)
yeah i scalp manually too as it would be too complex to do in auto and i think emily is right you need to look at other horses and why they are drfiting and coming in in price. Lot of variables you need to keep an eye on and i dont think you can do that using auto. I use geeks toy and love that i got a life time license abiut a yr ago for £120. I dont really like BA ladders but its all preference isn it.
I must get back to scalping but its time issue, demanding job and a lot of stuff going on with football and horse startegies to keep me busy but it can be a viable revenue source, just takes practice and watching back your scalping trades to see what tyou are doing right or wrong using screen recordings
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@stephen-beale I don't automate the scalping, I like to do it manually so I can decide which ladder looks best and change mid trade if needs be.
I didn't get on with Caan Berry, I got a refund on his course. I really like Peter Webb who runs Bet Angel. Here is a link to his free training https://online.betangelacademy.com/collections?page=3 (@Martin please delete if this isn't appropriate)
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@stephen-beale said in The BTC Horse Racing Thread:
@emily-knowles said in The BTC Horse Racing Thread:
I swing/scalp every pre-race racing market. I find it really fun and easy and so much less stressful than relying on a horse to win or lose!
@emily-knowles Oh wow, this sounds really interesting!! Do you have any guides or websites that you'd recommend to a beginner, pls?
i learnt to scalp via caan berry tutorials, he also has some good youtube clips you can check them out there
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@emily-knowles said in The BTC Horse Racing Thread:
I swing/scalp every pre-race racing market. I find it really fun and easy and so much less stressful than relying on a horse to win or lose!
@emily-knowles Oh wow, this sounds really interesting!! Do you have any guides or websites that you'd recommend to a beginner, pls?
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This post is deleted!
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@emily-knowles said in The BTC Horse Racing Thread:
@nick-allan Nice idea to set and forget on another exchange, but that leads to the next problem, I can't automate that, only on Betfair.
I swing/scalp every pre-race racing market. I find it really fun and easy and so much less stressful than relying on a horse to win or lose!
are you automating scapling?
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@paul-foster Oh wow that sounds easy!
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@emily-knowles I would guess so. I use BFBM for automated and using the "sync with BFBM" I don't even need to upload the selections. Also, each of my strategies have their own bank set within the bot which none of the other bots offer.
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@paul-foster That could work, I think!
I could automate on Bet Angel and scalp on Fairbot?
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@emily-knowles what about different bots for automated trades and scalping?? I'm sure a few have mentioned before that thats what they do, maybe BFBM or Fairbot for automated and Bet Angel for scalping.
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@nick-allan Nice idea to set and forget on another exchange, but that leads to the next problem, I can't automate that, only on Betfair.
I swing/scalp every pre-race racing market. I find it really fun and easy and so much less stressful than relying on a horse to win or lose!
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@emily-knowles said in The BTC Horse Racing Thread:
I'm wondering how it works when you have a set and forget strategy (which I have now automated on Bet Angel) and you also want to manually scalp or swing trade on the same market
Does one not wipe out the other or can you do them both simultaneously?
dont think you can do both sim as scapling and swing trading utilsise back and lays in a hope of profit. Do yoiu scalp/swing in play or pre market?
the other thing you can do is place your set and forget on another exchange like smarkets and use BF for scalp and swing as they have more liquidity meaning faster markets and better scapling conditions
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I'm wondering how it works when you have a set and forget strategy (which I have now automated on Bet Angel) and you also want to manually scalp or swing trade on the same market
Does one not wipe out the other or can you do them both simultaneously?
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Gosh, thanks for all your replies and advice about my "target profit" question. Lots of great advice and insight from everyone, I really appreciate it
tysm!!!