Small sample I know, but 1.42% from Rosehill and 1.07% from Canterbury. I thought trading the bigger price horses might make up for it but despite volume being high, liquidity is poor and I get sucked into trading the favourites.eightbo wrote: ↑Sat Jun 13, 2020 5:54 amMust've missed them, although only had partial sessions. Would be nice if their pockets weren't endless so a nice reversal play is on the table.
Underslept and session meandering so ending early, gl all w/ rest of session.
Just 1.3% when dividing NSW profit by NSW matched back bet vol.
Still not really adjusted style much so lots of scratching/scalping on short-priced favs (1.01-3.00), can be quite enticing sometimes depending on gaps in market. Only been 2wks but looking like that'll be my 1st adjustment with new charge in place.
Australian racing
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ShaunWhite
- Posts: 10405
- Joined: Sat Sep 03, 2016 3:42 am
Staking is a bit like it is in poker. It needs to be enough that you care, but not so much that you care too much.
I think it's best to let it happen naturally rather than thinking about it too much, lets say you have a $100 bank and trade 2s & 5s. By the time the bank gets to $500, 2s & 5s will seem pretty boring and you'll probably nudge it up a bit to keep life interesting but not by so much that it's freaking you out....and repeat. Eventually you'll be staking as much as you think the market can stand rather that what you can stand, and you might not even be conscious of how you got there. It will just seem like the amounts you're using mean roughly what 2s & 5s meant to you before. Generally though if people are nervous about scaling up then it's too soon, because when the time is right it will just happen naturally.
Not a bad problem to have though mcgoo, keep it up.
thanks for that Shaun.Food for thought.ShaunWhite wrote: ↑Sun Jun 14, 2020 3:17 amStaking is a bit like it is in poker. It needs to be enough that you care, but not so much that you care too much.
I think it's best to let it happen naturally rather than thinking about it too much, lets say you have a $100 bank and trade 2s & 5s. By the time the bank gets to $500, 2s & 5s will seem pretty boring and you'll probably nudge it up a bit to keep life interesting but not by so much that it's freaking you out....and repeat. Eventually you'll be staking as much as you think the market can stand rather that what you can stand, and you might not even be conscious of how you got there. It will just seem like the amounts you're using mean roughly what 2s & 5s meant to you before. Generally though if people are nervous about scaling up then it's too soon, because when the time is right it will just happen naturally.
Not a bad problem to have though mcgoo, keep it up.
I look forward to the challenge of grinding the numbers as high as poss. with you, I'll hop on to post the % each weekDerek27 wrote: ↑Sat Jun 13, 2020 1:02 pmSmall sample I know, but 1.42% from Rosehill and 1.07% from Canterbury. I thought trading the bigger price horses might make up for it but despite volume being high, liquidity is poor and I get sucked into trading the favourites.eightbo wrote: ↑Sat Jun 13, 2020 5:54 amMust've missed them, although only had partial sessions. Would be nice if their pockets weren't endless so a nice reversal play is on the table.
Underslept and session meandering so ending early, gl all w/ rest of session.
Just 1.3% when dividing NSW profit by NSW matched back bet vol.
Still not really adjusted style much so lots of scratching/scalping on short-priced favs (1.01-3.00), can be quite enticing sometimes depending on gaps in market. Only been 2wks but looking like that'll be my 1st adjustment with new charge in place.
not 100% sure i understood this right but one of the conditions is:
„the total commission generated by the customer on turnover charge markets is less than 1.25% of the aggregate value of matched back bets“
so if you were monitoring/estimating your commission and generated whatever the difference, might be more viable than staying under the volume condition?
Also if you are or looking to or are currently on premium charge, generated commission is subtracted whereas turnover charge isnt