Here's a question to any of you guys who like to 'snipe' the winner in a race. By snipe, I mean we wait until the very last second before we place a back bet on the 'definite' winner.
My set-up is to have a back bet 'in waiting' on all runners in the field. However, I ignore 5 and 6 furlong races. Now I am watching the race on either Racing UK or At The Races. I prefer RUK as there is almost no buffering between the off on RUK and the 'in play' audio/visual start on BetAngel (I use BA Pro). By the way the buffering on ATR is usually around 7 seconds.
However, something that nearly always frustrates me; as we are nearing the end of the race (say 1/2 a furlong) I can see the winner but the back and lay monies disappear from BetAngel! So I cannot place my back bet!
Any explanations? There is big money to be made using this strategy but you have to literally have your finger on the mouse ready to pounce!
Sniping the Winner and Loss of Monies on Back/Lay Markets
I posted a thread on using screen layouts yesterday which is good for In-Running sniping, its easy enough to get the bet on just getting the right horse 
viewtopic.php?f=47&t=12290
viewtopic.php?f=47&t=12290
yes, agree 110% about *just* getting the right horse. I tried this approach a few times with varying success and (for me), concluded that at less than evens, the risk wasn't worth it. however, it does throw up the other potentially more profitable scenario of laying the runner in 3rd place -IF you can get decent odds and enough liquidity. then again, the combo of the delay in streaming and the 1 sec betfair bet placement conspires to make this scenario hit or miss too.Dallas wrote:I posted a thread on using screen layouts yesterday which is good for In-Running sniping, its easy enough to get the bet on just getting the right horse
viewtopic.php?f=47&t=12290
Personally i prefere using the In-Play tool rather than the tv pics it gives a much better representation of what happening without the delayed pictures.
The amount of times you see someting move on the trader tool yet on TV its nowhere to be seen then suddendly its right there so its definetly my number one indicator.
But yes catching the exsisting fav with a lay is another good approach and a few simple custom buttons and you could get on these at a good price just as quick
The amount of times you see someting move on the trader tool yet on TV its nowhere to be seen then suddendly its right there so its definetly my number one indicator.
But yes catching the exsisting fav with a lay is another good approach and a few simple custom buttons and you could get on these at a good price just as quick
Thought I would share an example of my technique. I made this video just about an hour ago; it's a race at Cartmel. Your comments would be warmly welcomed. On this Daily Motion website, you can see other examples of my sniping technique.
http://www.dailymotion.com/video/x4kou5 ... _lifestyle
http://www.dailymotion.com/video/x4kou5 ... _lifestyle
well, having watched your daily motion clip, i can see that it's a confidence game to a certain extent but also a lot of luck in getting those £50 back bets matched in a timely fashion. I'm not certain if it would work, but you may be able to setup a button to place a few £50 back bet in rapid succession and at the same time, a £20 lay on the 2nd place, while it's still below 3 odds. might increase your race avg to £30-40.
OR, may blow your bank
OR, may blow your bank
Could you not of recorded a different race i nearly turned it straight back off.
In that particular race when they come off that last bend i would of been more inclined to back each of them between 2.5 to 3.0 as it was almost a certain two horse race by that point then your liability would of only been 50% of what it was and your profits would of been between £25 & £50 depending on the actual odds you got.
In that particular race when they come off that last bend i would of been more inclined to back each of them between 2.5 to 3.0 as it was almost a certain two horse race by that point then your liability would of only been 50% of what it was and your profits would of been between £25 & £50 depending on the actual odds you got.
a point well made and definitely could have dutched the two bets on a book%, with a £100-150 liability.Dallas wrote:Could you not of recorded a different race i nearly turned it straight back off.
In that particular race when they come off that last bend i would of been more inclined to back each of them between 2.5 to 3.0 as it was almost a certain two horse race by that point then your liability would of only been 50% of what it was and your profits would of been between £25 & £50 depending on the actual odds you got.
Thought I would share an example of my technique. I made this video just about an hour ago; it's a race at Cartmel. Your comments would be warmly welcomed. On this Daily Motion website, you can see other examples of my sniping technique.
In a spirit of constructive critism (cant spell that word), here are some thoughts.
Plse dont take offence.
1. U are a flipping million to win at this.
Why ..
Ok, this is what is against u.
1. Cartmel .. there are phone traders at the bends, 1-2 furlongs out .. who see it live . u are getting absolute dregs, at no-value. If u look at your 'snipe', it was 30 quid red, for millisecs .. .. u took 1/10, about a horse a furlong out .. good luck with that.
2. Your bets appeared to be sent , with no offset, and no fill/kill. Thats bad technique.
3. You are watching delayed pics .. whereas, maybe 20 of the top traders in the country, have live pics .. u aint gonna win, looking at the same horses they are.
4. Nice set-up, and congratulate u, on asking etc .. but, I think u need to re-focus on other horses in the race (for smaller stakes).
5. U wll not win at this :: I would cross book your action.
In a spirit of constructive critism (cant spell that word), here are some thoughts.
Plse dont take offence.
1. U are a flipping million to win at this.
Why ..
Ok, this is what is against u.
1. Cartmel .. there are phone traders at the bends, 1-2 furlongs out .. who see it live . u are getting absolute dregs, at no-value. If u look at your 'snipe', it was 30 quid red, for millisecs .. .. u took 1/10, about a horse a furlong out .. good luck with that.
2. Your bets appeared to be sent , with no offset, and no fill/kill. Thats bad technique.
3. You are watching delayed pics .. whereas, maybe 20 of the top traders in the country, have live pics .. u aint gonna win, looking at the same horses they are.
4. Nice set-up, and congratulate u, on asking etc .. but, I think u need to re-focus on other horses in the race (for smaller stakes).
5. U wll not win at this :: I would cross book your action.
[facepalm]oliver123 wrote:Thought I would share an example of my technique. I made this video just about an hour ago; it's a race at Cartmel. Your comments would be warmly welcomed. On this Daily Motion website, you can see other examples of my sniping technique.
http://www.dailymotion.com/video/x4kou5 ... _lifestyle
You weren't watching the race at all, just waiting for the odds to crash on one of the runners and then trying to get matched. Please continue....
I recognise the Voice of Oliver123?
If Im correct I think you have traditionally used another software platform?
Anyway I digress.
I agree with Linus, you seemed to place the bets dependant on the price as an indicator. Thats not a good thing as there are plenty of sub 1.1 losers each week; I know that for sure
Having said that; I once attended a trading shop where they had fast pictures and I sat alongside one chap and watched him trade in running. He was only using £30 stakes and would only click once per selection. The main difference was that he was backing them much further out than you at odds of 3+.
He would often back more than one horse.
I dont know if he is still doing it, but in the space of an afternoon that i was there, he made a few hundred pounds.
Regards
Peter
If Im correct I think you have traditionally used another software platform?
Anyway I digress.
I agree with Linus, you seemed to place the bets dependant on the price as an indicator. Thats not a good thing as there are plenty of sub 1.1 losers each week; I know that for sure
Having said that; I once attended a trading shop where they had fast pictures and I sat alongside one chap and watched him trade in running. He was only using £30 stakes and would only click once per selection. The main difference was that he was backing them much further out than you at odds of 3+.
He would often back more than one horse.
I dont know if he is still doing it, but in the space of an afternoon that i was there, he made a few hundred pounds.
Regards
Peter
Thanks guys. I am aware that it can be risky but I would say in all honesty I have a strike rate of around 90%. Oh, and by the way, I cannot snipe every race! Jimbit, I get your point about dutching but have you tried dutching the last two in such a race? Tell you what I'll try it today with £2 stakes for trial purposes. Hopefully, I can get something recorded and post on my DM website.
GL.
Never be afraid to try ..we all need to learn (usually, from mistakes).
I just know, u wont win - using this exact, system.
Never be afraid to try ..we all need to learn (usually, from mistakes).
I just know, u wont win - using this exact, system.