Today's Horse Racing
The price in the market is a polar bear and the traded volume is the polar bear cage in the zoo. The polar bear can pace up and down its cage getting angrier as the time gets closer to the off shouting "let me out, let me out". So as a trader you first have to imagine that the polar bear has some food at either side of the cage, you have to work out where to feed the polar bear (entering the market).
It is better to feed the polar bear from the edge of its cage than in the middle because in the middle there is more room for it to drag you across the floor because if it goes the wrong way it's going to be more painful to be dragged along half of the cage AND outside the cage when it breaks out before it gets shot by the zoo keeper than if you just fed it from the side of the cage and it breaks out the wrong direction then someone could tranquilise it (stoploss) without as much damage. If it breaks out in the other direction then there will be a bigger profit before it gets shot.
It is better to feed the polar bear from the edge of its cage than in the middle because in the middle there is more room for it to drag you across the floor because if it goes the wrong way it's going to be more painful to be dragged along half of the cage AND outside the cage when it breaks out before it gets shot by the zoo keeper than if you just fed it from the side of the cage and it breaks out the wrong direction then someone could tranquilise it (stoploss) without as much damage. If it breaks out in the other direction then there will be a bigger profit before it gets shot.
- The Silk Run
- Posts: 918
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- Location: United Kingdom
LAY Tip: 14.25 Doncaster Imperial Hope 4.3
- Crazyskier
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OK just layed at 3.85, let's see...
Had a recent breathing operation and is now hooded for the first time.
CS
- Crazyskier
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One for Peter if you see this. An idea for a safety feature using automation on Betdaq. When betdaq goes wrong, the market just empties and can leave you getting involved in a market you wouldn’t want to trade. So my suggest is a price condition that the back and lay price must be within a certain range of each other, say 2 ticks ect… just an idea not sure if a feature like this is already available?
The 'Relative Odds Condition' allows you to do this (it works the same way in both Betdaq and Betfair versions of Bet Angel)Snaff wrote: ↑Sun Jan 30, 2022 1:43 pmOne for Peter if you see this. An idea for a safety feature using automation on Betdaq. When betdaq goes wrong, the market just empties and can leave you getting involved in a market you wouldn’t want to trade. So my suggest is a price condition that the back and lay price must be within a certain range of each other, say 2 ticks ect… just an idea not sure if a feature like this is already available?
https://www.betangel.com/user-guide/relative_odds.html
- The Silk Run
- Posts: 918
- Joined: Mon May 14, 2018 12:53 am
- Location: United Kingdom
LAY Tip: 13.40 Limerick EIR Donnrua Dream 3.6.
- Crazyskier
- Posts: 1166
- Joined: Sat Feb 06, 2016 6:36 pm
I missed this one (sadly). but 'keep 'em coming!
CS
Did anyone trade the 1950 Wolverhampton last night? It was clear from the feed on Betfair and Sporting Life in fact published it was a dead heat but the horses were still trading, Havanah Goldrush was trading at 2.6-3.4 so i stuck a win bet on at 3.35 and got paid out half stakes when betfair eventually settled as a dead heat.
My question is why was the exchange still trading even after the result and could I have lost money? as I was unsure I went low stakes but just wondering for the future
My question is why was the exchange still trading even after the result and could I have lost money? as I was unsure I went low stakes but just wondering for the future