Trading dogs
Ive been trading for quite a while on dogs and my feeling is that betfair bots and traders are hunting for traders. Everytime i enter they push me in other direction. Also they are keeping odds and are no gaps. This is a good thing for bettors but for traders is bad. Was wondering how others deal with this or their bots are only against me?
-
- Posts: 3609
- Joined: Thu Oct 24, 2019 8:25 am
- Location: Newport
My bot offers odds to the market which are very bad value for traders and bettors.virgilv wrote: ↑Fri May 03, 2024 2:04 pmIve been trading for quite a while on dogs and my feeling is that betfair bots and traders are hunting for traders. Everytime i enter they push me in other direction. Also they are keeping odds and are no gaps. This is a good thing for bettors but for traders is bad. Was wondering how others deal with this or their bots are only against me?
There are now hundreds of bots doing similar things on the dogs.
I would think it’s very difficult to make consistent profits trading or straight betting on them unless you can identify early value.
There is a well known bot or person that dumps significant monies into the market to push prices where he or she wants them to go. They normally operate on A1 to A6 races and enter at the 1 minute mark.
To be fair i doubt is about value anymore. As it seems the dog that is backed in last 30 seconds is winning most of time( if is on good form,then better). And the dog that is fav and drifts in last 30 seconds, is not winning, even if is in good form. Is not like in past when dogs are running on its merits. Now if a dog is backed or drifts in last 30 secs, is what matter most. Probably the guy that is doing that in last minute is just trying to make some diversity, because is very clear when a dog is back or drift...
-
- Posts: 3609
- Joined: Thu Oct 24, 2019 8:25 am
- Location: Newport
There is no point backing the heavily backed dog in the final 30 or 20 seconds if its odds should be 3 and your backing it at 1.50, long term you will make a loss.virgilv wrote: ↑Mon May 06, 2024 6:10 pmTo be fair i doubt is about value anymore. As it seems the dog that is backed in last 30 seconds is winning most of time( if is on good form,then better). And the dog that is fav and drifts in last 30 seconds, is not winning, even if is in good form. Is not like in past when dogs are running on its merits. Now if a dog is backed or drifts in last 30 secs, is what matter most. Probably the guy that is doing that in last minute is just trying to make some diversity, because is very clear when a dog is back or drift...
Your maths don’t/wont add up as I have seen many heavily backed dogs in open races (OR) that have failed to win. They usually go sub 2.0 in BF odds with £30k plus being dumped on them etc.
Thx for your answers m8. I was speaking about those dogs that are backed slowly not about gamblers. Heavy fav backed are working all the time only on Harlow
Pay attention on those 30k,what kind of money are on last 30 secs. You will see they drift.
Pay attention on those 30k,what kind of money are on last 30 secs. You will see they drift.
Last edited by virgilv on Mon May 06, 2024 8:53 pm, edited 1 time in total.
-
- Posts: 3609
- Joined: Thu Oct 24, 2019 8:25 am
- Location: Newport
All good.
I don’t do that kind of betting/trading anymore. I moved into the market making setup sometime ago. As long as someone takes my very bad back/lay price offers then I all good etc.
Only on Henlow - any theory as to why this may be?
If no theory, it could be backfitting