Aussie racing pics

The sport of kings.
Post Reply
Trader23
Posts: 12
Joined: Sat Feb 08, 2020 9:14 am

Heisenberg etc^ and anyone else that has been involved here
User avatar
Heisenberg
Posts: 74
Joined: Mon May 25, 2020 5:28 am

Trader23 wrote:
Thu Oct 01, 2020 5:28 am
Heisenberg etc^ and anyone else that has been involved here
Interesting, many thanks for the heads up.

However I still don't believe it's Betfair for a number of reasons...

- I'm no lawyer but I believe trading on their own markets would be contrary to their conditions as Australian licence holders (and would most likely be illegal as well). Yes it's possible that they could obfuscate the source of the trades but all it would take is one of the many people that would need to be involved to squeal to the regulators and poof, Aus licence (worth hundreds of millions to them) gone. It's not worth it for the relative pittance they would make.

- BF are suspending 2-3 seconds after the jump (closer to 3 seconds lately). If we are to assume they are suspending as quickly as possible based on their feed, they are WAY behind whoever is dominating the in-play markets. Myself and others had a sub 2 second feed up until the end of July and we were still getting smashed. So our feed was quicker than BF's feed, based on the available evidence, and we were still behind the 8 ball. Tracksiders may account for a tiny portion of this, but this is every track in every corner of the country while everything was in lockdown.

- They would know that this is going to kill the IP markets (it's well on the way already), why would you cannibalise your own product? Is 6 months worth of creaming the IP worth destroying your product and alienating a good portion of your customer base?

I just don't think it's BF, it doesn't add up. Yes the timing of the acquisition of the faster feed matches up, just don't forget there were 2 parties in that arrangement. It's perfectly legal for Tabcorp to bet with a competitor, they most definitely have access to the fastest possible feeds (3 seconds quicker than BF apparently has) and why would they care if they destroyed a competitors market in the search for a quick buck. Costs them nothing outside of employing a few dedicated traders on a casual basis. Let me put it this way, if you gave me $1.10 on Tabcorp being the IP gun, I'd empty my wallet to take it.
Last edited by Heisenberg on Thu Oct 01, 2020 10:46 am, edited 1 time in total.
User avatar
Naffman
Posts: 5644
Joined: Sun Aug 11, 2013 5:46 am

This new player has even made me (v. small in-play bettor) give up on in-running as someone is just cleaning up - and I agree if this is BF I'd be very surprised.
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Naffman wrote:
Thu Oct 01, 2020 10:43 am
This new player has even made me (v. small in-play bettor) give up on in-running as someone is just cleaning up - and I agree if this is BF I'd be very surprised.
I've dropped my 'bot's volume dramatically near the off too, I'd guess many people will be doing the same in running. Hopefully things will rectify themselves once the covid situation gets better as I was told they don't have the staff on course anymore, whether that's Betfair's or some outsourced firm handling their starts/suspensions I'm not sure.
User avatar
Heisenberg
Posts: 74
Joined: Mon May 25, 2020 5:28 am

They've never had staff on course in Australia, the country is simply too big and there are many hundreds of tracks. They've always suspended off the Foxtel feed (as per my account manager) until 2/3 months ago when they finally got access to a better feed.
User avatar
Heisenberg
Posts: 74
Joined: Mon May 25, 2020 5:28 am

This is the response I got before they changed to the 'no comment' policy....

"We have listened to our customers and we are improving our market operations tools which includes a faster Sky Racing feed. In the past Betfair was utilising the Sky feed that is available on Foxtel.

With the improvement of the Sky Racing feed Betfair can manage racing markets more efficiently which will see a better overall service for our customers.

This stream is a paid corporate subscription you would need to contact Sky Racing to see if this service is available to individual customers"
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Heisenberg wrote:
Thu Oct 01, 2020 2:10 pm
They've never had staff on course in Australia, the country is simply too big and there are many hundreds of tracks. They've always suspended off the Foxtel feed (as per my account manager) until 2/3 months ago when they finally got access to a better feed.
Thanks.

I keep meaning to write a simple script to log the Betfair inplay off/suspend times and compare against the offical off times and race time but still havent got round to it. Be good to see if there are courses that stand out like a sore thumb or if all times are out by a few seconds.
User avatar
Heisenberg
Posts: 74
Joined: Mon May 25, 2020 5:28 am

I've done it manually with a decent sample size and they are all pretty much identical except for where the red light isn't very visible in which case allow up to another second or so. Obviously the BF suspend guys are quite reliant on the red light letting them know they are about to go. When it's not visible it can occasionally catch them a bit off guard.
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

What sort of times were you getting? And does it seem to have improved at all as things got a lot worse a few months ago for me.
User avatar
Heisenberg
Posts: 74
Joined: Mon May 25, 2020 5:28 am

2-3 seconds, trending more towards 3 in the past week or two. Previously it averaged 6.

There are virtually no big BSP blips when favoured runners miss the start now (except in harness racing which is unavoidable) but the trade off is that in-play is now a total write off for the most part.
User avatar
Heisenberg
Posts: 74
Joined: Mon May 25, 2020 5:28 am

Be interested to see how the in-play markets trade this week. On the weekend there was a massive change to how they were trading previously, they were positively sluggish compared to the previous couple of months. Almost as though someone has been told to knock it off after all the accusations flying on Twitter. Hmmmm.
The dog of ry
Posts: 262
Joined: Sat Dec 20, 2014 2:17 am

Yeah I agree.

There was a guy pumping a 10k @ 1.01 bet into the winner who seems to have stopped in the last week or so. He may have been put off by a couple of winners who weighed in light, could have blown the bank.

One thing I had noticed too about the fast guys is they weren't touching anything on Sky 2. Maybe the TV in the office is for red channel only
Trader23
Posts: 12
Joined: Sat Feb 08, 2020 9:14 am

Heisenberg wrote:
Tue Oct 06, 2020 2:24 am
Be interested to see how the in-play markets trade this week. On the weekend there was a massive change to how they were trading previously, they were positively sluggish compared to the previous couple of months. Almost as though someone has been told to knock it off after all the accusations flying on Twitter. Hmmmm.
Yep still no response from Betfair about it. Surely they have rules in place where if you work for the company you cant trade in play at work and especially off the company live feed! Im sure the big wigs of the company would be impressed if some employees were ruining their in play product. I know for a fact some VIP account managers trade in run as I have seen them with my own eyes on course.
TipTopTrader
Posts: 462
Joined: Fri Feb 16, 2018 8:29 pm

I did mention and a previous post on a different thread or maybe it was this one that a big pro punter said a few years ago that you need to buy a commerial sky sub and said it was around 400 a month. One of the fellow forum members posted a reply saying they where running of the same as the normal sky and the delay was the same and it was no longer worth having.

Im not interesting in trading in play and dont wont to spent that type of money just to know when race is going start exactly.

Im just passing on the info that I have heard, if its any help.
The dog of ry
Posts: 262
Joined: Sat Dec 20, 2014 2:17 am

TipTopTrader wrote:
Wed Oct 07, 2020 3:00 am
I did mention and a previous post on a different thread or maybe it was this one that a big pro punter said a few years ago that you need to buy a commerial sky sub and said it was around 400 a month. One of the fellow forum members posted a reply saying they where running of the same as the normal sky and the delay was the same and it was no longer worth having.

Im not interesting in trading in play and dont wont to spent that type of money just to know when race is going start exactly.

Im just passing on the info that I have heard, if its any help.
I have this, its the same subscription the pubs/TAB's pay for. It used to be about 2 secs faster than Foxtels Sky channel so was a small advantage. Since they upgraded the pic to HD about a year ago, its now on par with Fox Sky. If Sky 1 & 2 ever go HD on Foxtel I will scrap it
Post Reply

Return to “Trading Horse racing”