Australian racing

[Naffman]

suspending doesnt seem to be as bad as pre august at least noone is consistently taking advantage

They knew Westport had broken badly there at Morp

[Lutruwita]

doesnt that mean suspended early rather than late, if clear winner isnt 1.01?

Yes. Sorry I wasn't clear. I was trying to say, the change in start/close times has completely thrown people. Even with a late suspension and a clear winner there was money there to be matched, as if everyone is just watching.

It won't be long until the market works it out.

[Naffman]

doesnt that mean suspended early rather than late, if clear winner isnt 1.01?

Yes. Sorry I wasn't clear. I was trying to say, the change in start/close times has completely thrown people. Even with a late suspension and a clear winner there was money there to be matched, as if everyone is just watching.

It won't be long until the market works it out.

Definitely, feels like its getting more delayed as we get through the day too

[Lutruwita]

I was able to lay the fav at Townsville (at $5) which finished about 5th after the winner was called on the radio.

[Naffman]

I like TB's commentary but he really does go the early crow sometimes

[Derek27]

Where is everyone?

Not the best of days at Randwick. Came close to overdrawing my chips as well.

[Lutruwita]

Too busy watching the Indians fold like a deck of cards.

[Anbell]

Hi Derek!

[gazuty]

Hi Derek!

Afternoon gentlemen from a cold and wet Sydney.

Just checked in, time to load tonight's UK horse racing and automation.

[Derek27]

Hi Derek!

Afternoon gentlemen from a cold and wet Sydney.

Just checked in, time to load tonight's UK horse racing and automation.

So that's what you mean by cold.

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[rik]

hope some of you took my money, got destroyed at Flemington today lol

[Derek27]

hope some of you took my money, got destroyed at Flemington today lol

I know you're a much bigger trader than I am, but I can't help feeling you could do so much better if you limited your risks, judging by some of your screenshots. I realise limiting risks can consequentially limit profits but my big breakthrough in trading was when I cut out my crazy trades that potentially could (and obviously would on occasions) lead to a big red. These days I have disappointing but never disastrous days.

[rik]

leave slow and steady for automation

[gazuty]

So that's what you mean by cold.

Yep, as they say in the classics, "it's all relative".

[newaustralian]

Hi Been running a lay bot on horse races. The bet size in limited to a stated liability ( Initially $50.00.) The bot has been active on just over 2500 races (majority Australian). I would estimate that about the same number of races have failed to meet the selection conditions. After a few adjustments and increasing the liability (slightly) the bot has made $1545 or 61 cents a race. ( It is obvious that the bot is not dealing with short prices). Although – due to the size of the markets – the return is not great , I am posting this email to highlight that automation on the Australian market is possible.