Live Shows - in decimal odds format

[FinDelMundo]

Hi

Can anyone point me to a site where the Horse racing Live Shows (on course prices) are listed pre-race in decimal odds format? I can find them on sporting life website but can't see how to change the odds format from Fractions to Decimal odds.


Thanks, Fin.

[Thebest147]

Not sure for sporting life but racing post betting site,gives you the option to use Decimal odds

Quick question is there any point in watching the live shows I often asked myself that very same thing,or is that a silly question,I think I read some were on here that Dallas will rarely trade without using them and Eular ie Peter Webb says there is no real point as bookies follow Betfair prices

regards

oliver

[ruthlessimon]

i am currently recording the ladders, OC & other various bits of data - as i'm trying to answer the same question. i recommend you do the same & track the data over the next few weeks on an excel spreadsheet. if you find a pattern in the data (rather than just someone telling you it does/doesn't work), you'll have far more confidence to exploit/not exploit it live. as well as being ahead of the curve if the markets adapt.

-quick side note: that's just my personality. i love the analysis more than the trading (sometimes!)

[Bluesky]

Quick question is there any point in watching the live shows I often asked myself that very same thing,or is that a silly question

No I don't think its a silly question. I think the answer depends on the traders style. Some traders would be lost without the live shows, others don't bother with them. I like ruthlessiomons' suggestion regarding researching the topic, if you have the time, that would probably be the best thing to do.

I think I have hear PW say something to the effect of always checking what people claim as gospel on trading forums, because often the consensus of opinion is wrong and there is often an edge to be found by going against that opinion, provided you have the evidence to back it up.

[Thebest147]

Food for thought,thank you for your reply Bluesky

[SeaHorseRacing]

I dont understand the logic in looking at the live shows, there is no tell tell signs as bookies have a very large over round.
Probably will be sworded for this but,if anyone claims that live show helps its probably just a coincidence. The price will either go up/down or stay the same.

I do believe live shows will tell you information but nothing that the exchanges wont tell you if you look hard enough. In fact using a live show will make it harder.

However, I am not being ignorant here. Ive looked into it, what ever information you do get from it, it is gone. Using anything in the live shows wont make anyone any better. There are plenty of edges out there.

Honestly so so many people are looking for edges when you most likely have one.

Investing in yourself maybe the answer.

[Thebest147]

Good evening Seahorse..

You are right most people have an edge IF THEY STICK WITH IT LONG ENOUGH

you could think up a system of the top of your head apply it to 500 markets, now when I say 500 markets I mean say 500 maidens,or hand;caps ect see how the market moves in them races,do odds on favs drift in mickey mouse low prize money races more often then not,is there more chance of a swing trade in maidens and so on,these will all come to light over time,but lets not get side tracked quick question the reason why I asked about the live shows is

=1 bookies have a horse shorter then on betfair will the smart money ie traders back this horse as the bookies wont give away free money ie back with them lay on betfair

[ruthlessimon]

brief bit of analysis on how you could use it. this was a market yesterday @ catterick (13:35). however, this is only a scratch on the surface - there are countless ways to use OC to aid trading decisions. it may be a lagging indicator, but anything that adds to your confidence in a trade is a bonus imo. also, it's only one market - i prefer seeing something work on 100.

[Thebest147]

Good morning Ruthlessimon

Thank you for your post very interesting

I have a theory on this which could be bang on the money or way, WAY off the mark

1st example= on course price is higher then Betfair
DO I back this as it seems to be out of whack with the bookies IE value back,OR DO THE BOOKIES WANT TO GET THIS IN THE BOOK AS THEY THINK THEY CAN GET IT BEAT

now I assume pro traders will say just run your eye over the market view screen and if other horses are drifting then back it, but that seems way to easy and everybody could make money,so I think that would not work over time

2nd example and a more interesting one in my opinion

seem as before to keep things simple

on course price higher then Betfair but this time it is at the bottom off its range THEN WOULD YOU SAY BACK IT

I suppose its a matter of opinion,AND I am not the NAIVE to think Peter Webb will come on here and say when this happens do this, AS he can run a course and get paid for such advice,



regards

oliver

[ruthlessimon]

personally, im really torn on OC as a directional indicator. someone who understands order flow & fill rate, will already be in the market most times - in that example, there were plenty of reasons that fav was going to drift just from carefully looking at the ladders.

things that really are worth looking into - i spend most of my research on improving how i spot this in the market:

1. order absorption
2. iceberging
3. reloading
4. spoofing

crack those 4 skills & how to spot them in the market, you will be one of the best traders on BF. not only that but you can lift those skills onto intraday financials, so it's not wasted trying to learn. those 4 skills can only be acquired by spending hrs & hrs watching market.

[spreadbetting]

You may find your Sporting Life 'live show' probably isn't as live as you'd like or expect. Plus bookies also hedge large liabilities into the exchanges before cutting their own odds, so alot of the time it appears the on course market is following Betfair which isn't neccessarily the case.