The Betfair in play market is ruthless

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Dr Ginhog
Posts: 260
Joined: Wed Nov 03, 2010 12:10 am
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Hi All,
I was wondering were there any opinions or tips or tricks out there for hedging in play. I am finding generally that the market only gives you what it does not want. You will be able to hedge a selection that does not win and rarely get on the winning selection as a hedge. Of course small percentage hedging and scalping works fine in play up to that 2 1/2 furlong out "tornado time" . Of course you will also get on occasionally when the selections position flip-flops.
Maybe there is better methodology I should be using. I have come to the opinion the manual one click screen is the only way possibly to go (it can give instant results )but you also have to deal with the frustration of getting it wrong sometimes and cannot then blame the system for getting it wrong.
The professionals i hope may impart some of their wisdom here.
Alpha322
Posts: 923
Joined: Fri Oct 30, 2009 4:45 pm

I just dont do it Pure pre race trade profits great and safer over time
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Dallas
Posts: 23495
Joined: Sun Aug 09, 2015 10:57 pm

I only use automation on in-running markets, would not even attempt to trade them manually
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jimibt
Posts: 4194
Joined: Mon Nov 30, 2015 6:42 pm

Dallas wrote:
Wed May 17, 2017 1:28 pm
I only use automation on in-running markets, would not even attempt to trade them manually
ditto on this. about a year ago when i first started in earnest on this, i thought the markets IP would yield to my manual strategies. a few busted banks later i moved everything over to automation for anything IP related. for Pre-race, it's pretty much the reverse, can't find any automation that works long term there and just dip in manually when the time permits. won't pun on horses for courses, but it really is.
Dr Ginhog
Posts: 260
Joined: Wed Nov 03, 2010 12:10 am
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I would like to think that I do not have to resort to Manual betting and will have to probably go the tough route of testing all the hedging % to see what works
both in the good days and bad days. Hedging is for the bad days. I suppose if your preplay strategy is good and statistically sound hedging is not needed.
I think im in for a lifetime of testing-Its an obsession. No easy money!!!!!
greety
Posts: 159
Joined: Wed May 16, 2012 7:16 pm

I wholeheartedly agree about in running. Everytime I dream up a new strategy/idea (and we are talking dozens of them), you come crashing down to reality. Luckily its minimum stakes or practise mode. How hard can it be to nick a couple of quid a race? Bloody hard.
I think it's time for a change of direction.
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ShaunWhite
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Joined: Sat Sep 03, 2016 3:42 am

IP is going to be hard work when you're up against this https://www.sis.tv/news/new-frontiers-for-horse-racing/
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jimibt
Posts: 4194
Joined: Mon Nov 30, 2015 6:42 pm

ShaunWhite wrote:
Wed May 17, 2017 6:30 pm
IP is going to be hard work when you're up against this https://www.sis.tv/news/new-frontiers-for-horse-racing/
you can be sure that such innovation will be masked as *making it more exciting and transparent for the punter*. in reality, this is definitely going to be placed behind a 2-3 second delay with tiered buy ins from the big 3rd party players (if it sees the light of day!).
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megarain
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In a different lifetime, didnt Turf Trac ? or similar name try this.

Maybe the tech was not advanced enuf .. but, if I was a horse owner, and u asked to put a tracker in one of my beasts, U would have to pay me plenty.

In-running is for professionals, with professional tools, and mindset. Too many .. including myself, have failed, at non-core sports. U Have to be v v good, to show log term profits. (And probably have no life, watching all the videos)

Having said that, I was in a Box at Chepstow last night, when a jockey eased down, on the fav in the last. It went from 10 lenghts clear, and 1.01, to 4.4, and winning cosily by a head. The air, was a trifle blue.
98lewisj
Posts: 116
Joined: Fri Nov 08, 2013 4:17 am

jimibt wrote:
Wed May 17, 2017 7:06 pm
ShaunWhite wrote:
Wed May 17, 2017 6:30 pm
IP is going to be hard work when you're up against this https://www.sis.tv/news/new-frontiers-for-horse-racing/
you can be sure that such innovation will be masked as *making it more exciting and transparent for the punter*. in reality, this is definitely going to be placed behind a 2-3 second delay with tiered buy ins from the big 3rd party players (if it sees the light of day!).
I've got to be fair, I would clean up on track If I was playing against bots using this data. It will not capture the horses running style, if they are on the Bridle, running straight, how they are jumping etc. Don't get excited about that. As Mega says, In running is for box/track players, I don't even trade/bet IR from fast pics anymore. Its hard enough from track!
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jimibt
Posts: 4194
Joined: Mon Nov 30, 2015 6:42 pm

98lewisj wrote:
Thu May 18, 2017 5:33 pm
jimibt wrote:
Wed May 17, 2017 7:06 pm
ShaunWhite wrote:
Wed May 17, 2017 6:30 pm
IP is going to be hard work when you're up against this https://www.sis.tv/news/new-frontiers-for-horse-racing/
you can be sure that such innovation will be masked as *making it more exciting and transparent for the punter*. in reality, this is definitely going to be placed behind a 2-3 second delay with tiered buy ins from the big 3rd party players (if it sees the light of day!).
I've got to be fair, I would clean up on track If I was playing against bots using this data. It will not capture the horses running style, if they are on the Bridle, running straight, how they are jumping etc. Don't get excited about that. As Mega says, In running is for box/track players, I don't even trade/bet IR from fast pics anymore. Its hard enough from track!
tbh, i was only thinking about automation rules.
LinusP
Posts: 1917
Joined: Mon Jul 02, 2012 10:45 pm

I will be interested in the price of this along with what sort of technology they use, would be fun to implement into trading strategies. There is a startup offering timing data via an API, total performance data I think, I tried to get access but the response was 'how much money have you got?'
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