How do Betfair move ODDS in running ? GPS ? Chip in horse collars ?
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ilovepizza82
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As in the subject.
Last edited by ilovepizza82 on Wed Oct 30, 2019 4:36 pm, edited 2 times in total.
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ilovepizza82
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That fast ? 
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ilovepizza82
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Yeah i had read about them before. Crazy stuff I wish i lived close to one of those places. Drone...huge advantage !
I wish i lived close to one of those places. Drone...huge advantage !
Think there is a thread on here somewhere about that, from memory there are already groups/individual pro drone flyers selling there live pics to traders at certain courses
From memory, they were streaming via team viewer to traders at home, ill have to try and find the thread but there was a link in it which used new software so there was only something like a 1-sec delay from drone to user even to someone 100s of miles away.
I know this was the link i posted sometime showing the software did alreay exsist
https://www.dragonflycv.com/real-time-r ... ji-drones/
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iambic_pentameter
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Re the team viewer stuff, I seem to recall from the official Betfair horse racing forum people paying around £150 per day for access to these faster pics.
£150 per day is quite a lot given you might only get 7 races i.e. from the meeting the drone is based at. You'd have to be making around £22 per race to cover your viewing costs. Then you have to consider you are up against other ir players as well.
Iambic
£150 per day is quite a lot given you might only get 7 races i.e. from the meeting the drone is based at. You'd have to be making around £22 per race to cover your viewing costs. Then you have to consider you are up against other ir players as well.
Iambic
There are syndicates with access to the GPS in-running data, as well as Total Performance Data that produces it. In an interview, TPD's CEO Will Gordon spoke about it, detailing that the company trades directly into Betfair in-running. Their quants run the GPS data through neural networks and perform Monte Carlo simulations thousands of times a second for each horse to come up with chances of winning. I presume they have some sort of deal with Betfair, and avoid the second delay. He also said that they have a few subscribers who buy the data in real time for their own modelling so as to beat on course players.
Relevant section is from about 19 to 23 minutes in.
http://businessofbetting.libsyn.com/ep- ... uff-gordon
Relevant section is from about 19 to 23 minutes in.
http://businessofbetting.libsyn.com/ep- ... uff-gordon
Ignoring the cross matcher there is no way to beat the 1 second delay to the point that they want to trial removing it but it’s so embedded in the systems that it is going to take a fair amount of work to remove it (recently pushed back on the roadmap). I would stop reading the betfair forums.