Australian Horse Racing

The sport of kings.
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eightbo
Posts: 2263
Joined: Sun May 17, 2015 8:19 pm

I got 75x £81 through. Never more than 3x exposed on one side, from 4 mins mind
eightbo
Posts: 2263
Joined: Sun May 17, 2015 8:19 pm

I find it hard to manage the downside on multiple runners so usually I'm just focusing on 1-2 runners, could be why you expect a higher amt PDC?
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Derek27
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eightbo wrote:
Sat Jun 15, 2019 3:51 am
I got 75x £81 through. Never more than 3x exposed on one side, from 4 mins mind
That's a bet every 3.2 seconds! You'll get hit by the transaction charge. :lol:
eightbo
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Plenty of wiggle room this week 8-)
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PDC
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eightbo wrote:
Sat Jun 15, 2019 3:56 am
I find it hard to manage the downside on multiple runners so usually I'm just focusing on 1-2 runners, could be why you expect a higher amt PDC?
What is amt?

I was thinking you were counting £100 matched as £10 x 10 as 10 bets rather than 1. That's why I thought it would be higher.
PDC wrote:
Sat Jun 15, 2019 3:17 am
Well that is my session ruined.

Stupidly had some 'old' back orders left in on the fav at Ipswich unmatched. They got swept up when the fav missed the start.

Triple digit loss :cry:
Managed to get it back quite quickly after a few good markets. Onwards and upwards....

Just saw Vivaro in R3 at Kembla Grange broke poorly and another spike up, thankfully I was well out of the market by the off after learning my lesson (again!)

Anyone elses Sky Racing radio stopped working?

Edit: working again now.
eightbo
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amt amount shorthand. Good to hear you are back on track already
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PDC
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Derek27 wrote:
Sat Jun 15, 2019 3:46 am
eightbo wrote:
Sat Jun 15, 2019 3:41 am
75 Matched bets at Rosehill R3, I think that's a new record for me
64, but some of them were early small bets when the market was loose.
I did 28 by comparison over 3 runners. 4 were for greening up, so 12 trades in total for just under £70 profit.
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Derek27
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Sky radio stopped working momentarily an hour ago. R4 at Rosehill (not quite a repeat of R3) was in-play a good few seconds after the off on Sky.
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ShaunWhite
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eightbo wrote:
Sat Jun 15, 2019 3:51 am
I got 75x £81 through. Never more than 3x exposed on one side, from 4 mins mind
What sort of NSW tax are you paying each week? I use a low margin/high turnover strategy on Aus, usually trading about 300 horses a night and apart from generating cashrace points they're not doing me much good as it's based on value of bets and not net profit. Non-NSW is doing pretty well.

Incidentally is anyone else getting a load of free bets from BF? They send me a tenner every couple of days and have done for 3 or 4 weeks, and before that it was fivers every day or two. I'd understand if I was loser but if anything my income has increased lately, but I have put several zeros on my turnover this year now I'm fully automated so maybe that's it.
eightbo
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Joined: Sun May 17, 2015 8:19 pm

0; I limit myself to < 25 mkts to avoid the tax.

Haven't noticed any free bets Shaun.
edit: maybe be hitting some hidden criteria based on your activities?
Last edited by eightbo on Sat Jun 15, 2019 4:32 am, edited 2 times in total.
eightbo
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The moving camera angle at the Sandown start is so satisfying to watch
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Derek27
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ShaunWhite wrote:
Sat Jun 15, 2019 4:23 am
eightbo wrote:
Sat Jun 15, 2019 3:51 am
I got 75x £81 through. Never more than 3x exposed on one side, from 4 mins mind
What sort of NSW tax are you paying each week? I use a low margin/high turnover strategy on Aus, usually trading about 300 horses a night and apart from generating cashrace points they're not doing me much good as it's based on value of bets and not net profit. Non-NSW is doing pretty well.

Incidentally is anyone else getting a load of free bets from BF? They send me a tenner every couple of days and have done for 3 or 4 weeks, and before that it was fivers every day or two. I'd understand if I was loser but if anything my income has increased lately, but I have put several zeros on my turnover this year now I'm fully automated so maybe that's it.
If I traded more than 24 NSW markets the turnover charge would wipe out a large chunk of my profits, on a not so good week it would be more than my profits!

I used to get free £5 exchange bets (if I place an exchange bet that loses without trading it), I once got a £20 bet. I thought it might have been because I was arbing last year and sometimes had a losing week but I was given a free bet this year! I think it's quite random.
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ShaunWhite
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eightbo wrote:
Sat Jun 15, 2019 4:30 am
The moving camera angle at the Sandown start is so satisfying to watch
It makes the UK coverage look like it's from the 80's and the racing.com stream is free and crystal clear too.

25 week is pretty restrictive.
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Derek27
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Having fun early trading R5. You can't get much on but you get 6-8 tick swings.
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Derek27
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ShaunWhite wrote:
Sat Jun 15, 2019 4:39 am
25 week is pretty restrictive.
It's actually 24 (less than 25). It's quite generous when you consider how much they're paying in tax and no limit on turnover within those 24 markets. Naffman posted a link to an article on this thread where they revealed how much it costs them.
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