The BTC Horse Racing Thread

John Folan

@robert-cooke said in The BTC Horse Racing Thread:

@john-folan what % of the bank would you recommend for the lays stake for the short odd lays . Thanks john

I do 2%.

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@john-folan what % of the bank would you recommend for the lays stake for the short odd lays . Thanks john

John Folan

Finished on a win to take the pain out of the day a bit

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@fraser-cord Yeah I’m the exact same as you Fraser, I went live with John’s Short Odds Lays with real money on December 1st and I’m currently eight points down at present, but as the great man himself has said, have faith that it will come back our way, which is what I’m doing, even though it can be a little challenging some days

John Folan

@fraser-cord said in The BTC Horse Racing Thread:

@john-folan I was going to ask earlier, from what I can see its not been performing over the past month or so, that correct?

I know with all trading there will be ups and downs just difficult when you begin on a downturn. Got to stick with i guess.

Sadly yes. Lost count of the times I dropped a strategy and then it came good after. The base filters on these are well in profit overall so have complete faith it will come back.

Fraser cord

@john-folan I was going to ask earlier, from what I can see its not been performing over the past month or so, that correct?

I know with all trading there will be ups and downs just difficult when you begin on a downturn. Got to stick with i guess.

John Folan

Short odds lays have been testing lately. Still well within previous swings.

Martin

@nathan-cooke https://betfairtradingcommunity.com/en/blog/horse-racing-software-training-how-use-it-make-money

Basic Horse Racing Training
Page with videos from this section on https://betfairtradingcommunity.com/en/blog/free-betfair-horse-racing-trading-course-beginners
Intro to trading horses

Backing & Laying

Scalping & Ticks Explained

Dobbing, Back to Lay & Lay to Back Explained

Live Trading Example Dobbing (Back to Lay)

Lay the field explained

BSP Explained

Key Metrics to Consider

Horse Racing Jargon + Most Popular Strategies https://www.buzzsprout.com/1516057/10759795-horse-racing-jargon-most-popular-strategies-explained

Full Software Training
Introduction

The Meets View

The Races View

The Runner List

Quick Filters

Strategy Builder Overview

Strategy Bunker

Rule Builder Overview Part 1

Rule Builder Overview Part 2 - Simple Rules

Rule Builder Overview Part 3 - Scope Rules

Betting Rules

Strategy Results

Create A Strategy With Me!

Prebuilt Profitable Strategies

Quick Filters Guide

Strategies
Pace Backs Strategy

Short Odds Lays Strategy

Beaten Favourite Lays

Back The Favourite

Back the Course & Distance Winner

Pace Lays Strategy

Lay Strategies

Live Lay To Back

Live Back To Lay

Pre Race Trading Part 1

Pre Race Trading Part 2

General
Should I Trade Horse Racing

Reason You Should Trade Horses https://www.buzzsprout.com/1516057/10254677-the-reason-horse-racing-trading-is-so-popular
Preparing to trade Horse Racing https://betfairtradingcommunity.com/en/blog/preparing-trade-part-1-horse-racing-john-folan

Nathan Cooke

Cheers @martin flick them through

Martin

@nathan-cooke @ryan

Martin

@nathan-cooke said in The BTC Horse Racing Thread:

@martin I've been working through the videos on the 'free-betfair-horse-racing-trading-course-beginners' but I'll check out the start guide

I've got loads of training I could send you but don't want to overwhelm you, let me know when you finish your current training

Nathan Cooke

@martin I've been working through the videos on the 'free-betfair-horse-racing-trading-course-beginners' but I'll check out the start guide

Martin

@nathan-cooke have you gone through @ryan's start guides for new members?

Nathan Cooke

Hey team, just joined and looking to get started trading. Feeling a little overwhelmed with where to start. What strategies to be looking at and if I need to sign up for a bot/trading software. Any advice or recommendations would be greatly appreciated.

Martin

@panagiotis said in The BTC Horse Racing Thread:

@john-folan So, need to test it. Im following the 6 strategies and analyse the results month to month

good answer from John! here are my two cents

Q. Should I still test these before putting money on?
A. Yes, I will always advise forward testing any strategy for 1-3 months at least. This also helps you see the best approach for the strategy, for free!

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@john-folan So, need to test it. Im following the 6 strategies and analyse the results month to month

John Folan

@panagiotis said in The BTC Horse Racing Thread:

@john-folan I agree but when some strategies are back and forward testing for 2 years, what research do i need to do?

Check it's right. Check it can be replicated in real life(some can't). Will you achieve close to the odds offered? If you are botting it, then can your bot match the software(with an understandable margin of error)? etc

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@john-folan I agree but when some strategies are back and forward testing for 2 years, what research do i need to do?

John Folan

I shall be laying the favourites in these races 10 seconds before the start time subject to the following conditions:

Number of Runners 4-14.
Odds Between 1.8-2.4.
DSLR: 3-200.

Full strategy available here in the pinned post.
https://forum.betfairtradingcommunity.com/topic/3531/horse-racing-shared-strategies-megathread-downloads

John Folan

@panagiotis said in The BTC Horse Racing Thread:

If we follow blindly the 6 strategies from the preset section , isn't a way to be in profit in 2023?

Opinions?

Never blindly follow anything. Check and double check everything. You need to know why a strategy works and how it works before you put a penny down on it.