Australian racing

The sport of kings.
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Dr_Zoidberg
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Joined: Tue Jan 28, 2020 1:09 am

It varies widely from track to track and day to day. The previous at Kembla Grange suspended 7 seconds after the official jump and 10 minutes later at Geelong it was 4 seconds.
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

im surprised they cant even suspend on time with betfair video, often you see them out the gates couple of seconds before market turned inplay, surely they must at least be watching that feed to suspend, makes any strategies leaving bets at at the start poor value just by occasional missed start or even get a lay matched by someone seeing a runner start well, very poor service
rik
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Joined: Sat Jan 25, 2014 5:16 am

Dr_Zoidberg wrote:
Wed Jan 29, 2020 4:44 am
It varies widely from track to track and day to day. The previous at Kembla Grange suspended 7 seconds after the official jump and 10 minutes later at Geelong it was 4 seconds.
youve been at the venue to confirm this or how you know official jump time? radio used to be 4 seconds behind live as well? because they used to suspend about similar to sky sports radio
rik
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TipTopTrader wrote:
Wed Jan 29, 2020 3:40 am

I do sometimes jump of a bet if the horse jumps poorly or is in a bad position, just to reduce the loss, not actively trading the race. My financial advisor said Hell No to inplay trading for me :D
your wife isnt it
Dr_Zoidberg
Posts: 88
Joined: Tue Jan 28, 2020 1:09 am

rik wrote:
Wed Jan 29, 2020 4:58 am
youve been at the venue to confirm this or how you know official jump time? radio used to be 4 seconds behind live as well? because they used to suspend about similar to sky sports radio
Yes, have confirmed this on course. You can also view the official jump times on tabtouch.com.au and reconcile with the market suspensions on your Bet Angel log. The vast majority of the time it's 4 or 5 seconds after the jump and always corresponds to the Sky feed so that's obviously what they are working with. I agree that it's bizarre that they have a slightly faster feed but choose to ignore it, mind you they don't have all tracks so maybe they just stick with Sky for the sake of simplicity (and it's more likely the ATR feed will go down than Sky satellite).

It's true that you can get on after the jump if something jumps poorly but you need to do a lot of research, be on course and be lightning fast. You need to be aware of those that normally jump slowly, memorise at least a few sets of silks and then click the right horse. After all that a slow jump often isn't as disadvantageous as you might think so it's a whole lot of work for not a lot of an edge. Harness racing is the better code to focus on, the start is vital and the individual horses are far easier to identify in a hurry. Of course there's poor liquidity to deal with so there are pros and cons to both approaches.
TipTopTrader
Posts: 465
Joined: Fri Feb 16, 2018 8:29 pm

I agree Dr, when you bet and focus on one area its easy to pick the horses, but not cold trading for me anyway. I might pick it but miss the price so I stick to betting and pre off and a little back to lay.
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

gold coast now favourite was trading 1.95, jump to 2.2SP after missed start, shouldnt really get your bets matched after a missed start if your placing a pre race bet, i get it harness racing its complicated but not on a gated start
Dr_Zoidberg
Posts: 88
Joined: Tue Jan 28, 2020 1:09 am

Yes I was just about to post about the Gold Coast fav. That's another situation where there's some advantage, where a short priced fav blows the start and the caller can announce it quickly enough for the radio players to jump on/off. Doesn't happen all that often though.
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Naffman
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He's back tommy blue ascot
rik
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Dr_Zoidberg wrote:
Wed Jan 29, 2020 6:15 am
Yes I was just about to post about the Gold Coast fav. That's another situation where there's some advantage, where a short priced fav blows the start and the caller can announce it quickly enough for the radio players to jump on/off. Doesn't happen all that often though.
sure its people betting from radio announcer? i noticed price jumping regardless of what the announcer is saying. a runner makes an exceptionally good start that the announcer wasnt focused on there often is quickfire betting on that horse as well
Dr_Zoidberg
Posts: 88
Joined: Tue Jan 28, 2020 1:09 am

rik wrote:
Wed Jan 29, 2020 8:17 am
sure its people betting from radio announcer? i noticed price jumping regardless of what the announcer is saying. a runner makes an exceptionally good start that the announcer wasnt focused on there often is quickfire betting on that horse as well
There are a few tracksiders in Australia, mainly at the metro Sydney and Melbourne meetings and the occasional lone wolf up in Brisbane so there will be cases of it, the effort just isn't worth the payoff for me personally. I've experimented all around the country and I just can't justify it, the liquidity isn't there.

The Gold Coast race was almost certainly radio guys though, I live not far from the Gold Coast and have been on course many times and it's a hideous track for tracksiding, probably the worst of all the tracks I've visited in Australia. The big screen is very delayed (in contrast to all the others that are essentially real time) and the viewing angles for the common starting distances are mostly partially obscured.
rik
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Joined: Sat Jan 25, 2014 5:16 am

again favourite Scone 4;40 missing start, trading 1.95 SP2.37...
losing too much value if market making, on greyhounds that never seems to happen. I used to think bookmakers had a connection to the starter rather than doing it manually on each race, wouldnt that be the easiest and fairest way to do it, getting a signal if the starter presses the starting button or a seperate button if race actually started?
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Derek27
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Joined: Wed Aug 30, 2017 11:44 am

I'm not wasting any more tokens at Scone. Not one of my better NSW courses.
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

think turnover charge is only expensive if backing low odds. you would never back the same stake on a long shot as on the favourite but cost you 1.2% anyway
ive been avoiding backing lots on the favourites during the week and then decide on the weekend if its worth it to go over 25
Lutruwita
Posts: 544
Joined: Sun Apr 26, 2015 12:54 pm

I've finally reached the super premium charge. Whilst I am pleased to have achieved this milestone, it makes making a living from trading almost impossible for average plebs like myself. Time to ease down a bit and decide what to do next.
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