Explain the AUS Markets Please

[welshtrekker]

Hi
Not a newbie, bit very much a newbie to the AUS markets.
Dipped in months ago and dipped out much faster when I experienced volatility that made the forex markets look more stable.

But a recent bot change has enabled me to target drifters and it seems to be okay on the AUS markets.

What i don't know is what the form stuff means: R4, R1, Pace M, and such...

Googled a bit, found nothing so much appreciated if someone can explain what the AUS form track stuff means.

Thanks.

[Euler]

R1 is race one, two, three, four

You have too main codes in Aus, traditional flat and harness racing. Generally no jumps racing.

So pace would be a style of harness racing: -

https://en.wikipedia.org/wiki/Harness_racing

Liquidity is very low on Harness racing.

[PingVeno]

R1 is race one, two, three, four

You have too main codes in Aus, traditional flat and harness racing. Generally no jumps racing.

So pace would be a style of harness racing: -

https://en.wikipedia.org/wiki/Harness_racing

Liquidity is very low on Harness racing.

Australian races are also represent in metres as opposed to miles and furlongs. A mile is ~1609m and a furlong is ~201m, but with metrication this is usually rounded but not always.

I've seen quite a few races @ 2100m, which is roughly 1 mile and 2 & 1/2 furlongs, and 3400m which is 2 miles and 2 furlongs

The Rx system takes a bit of getting used to, but I prefer it (maybe from being an insomniac) as it helps when looking for the racecard.

Look here and at the image I've attached:
http://www.skyracing.com.au/index.php?c ... &Itemid=89