Royal Ascot 2021

[invisiblelayer]

Could be the trading styles for the festivals are changing, and some of the bread and butter racing too.

In-Play action have increased overall due to more acceptance that trading pre-race, only really gets going 5 mins before the off, and then the more unpredictable moves occur 2 minutes before the off.

I have more succes predicting how a certain selection may run, when confirmed IP, I will enter a trade within the price range I believe value, then exit (or let it ride) depending how things develop.

In business, it's adapt or die.

Said it a while ago becoming more like American where very very late moves, with liquidity drying up it makes sense to play late as possible. I'd imagine many big punters will return to the course to get on away from any check nonsense. People that take outright betting seriously will just give up on Betfair the way it's going. Almost everything you hear about them is negative, from customer services up, completely different from when they started up. I've heard from someone that Betfair are limiting some big punters that are outright winners and making them jump through hoops to sort out, pretty bizarre when they can see lifetime p/l

[invisiblelayer]

Total so far £38m vs £51.7 last year - 26%

Hi Peter, how have you found Betdaq over last year so far? Be a few bookies using it this time for hedging

[Euler]

It's up year on year. I missed some data from last year so can't tell you an exact number. But on three days, roughly 110%.

[Euler]

Could be the trading styles for the festivals are changing, and some of the bread and butter racing too.

In-Play action have increased overall due to more acceptance that trading pre-race, only really gets going 5 mins before the off, and then the more unpredictable moves occur 2 minutes before the off.

I have more succes predicting how a certain selection may run, when confirmed IP, I will enter a trade within the price range I believe value, then exit (or let it ride) depending how things develop.

In business, it's adapt or die.

I've always successfully adapted. The problem for me is lower volume means I've no chance of reaching new records, it's more about managing decline. I'm seeing the same thing on other sports I trade as well. So it looks structural.

[wearthefoxhat]

Could be the trading styles for the festivals are changing, and some of the bread and butter racing too.

In-Play action have increased overall due to more acceptance that trading pre-race, only really gets going 5 mins before the off, and then the more unpredictable moves occur 2 minutes before the off.

I have more succes predicting how a certain selection may run, when confirmed IP, I will enter a trade within the price range I believe value, then exit (or let it ride) depending how things develop.

In business, it's adapt or die.

I've always successfully adapted. The problem for me is lower volume means I've no chance of reaching new records, it's more about managing decline. I'm seeing the same thing on other sports I trade as well. So it looks structural.

Good point.

Thought I'd post something retro, "back in the day"...

flutter.png

[Euler]

OMG, that's epic. Do you have any more?

[wearthefoxhat]

OMG, that's epic. Do you have any more?

Not sure, will have to check out some old files.

[ShaunWhite]

OMG, that's epic. Do you have any more?

I think you can get at this sort of stuff via The Wayback Machine.

[Euler]

You can but it's incomplete with errors. It's nice to see an original.

I have a few but didn't really capture that many at the start. Or if I did they are on some hard drive in the loft and unlikely to see the light of day!

[napshnap]

Now I know how dinosaurs were trading!

[invisiblelayer]

Could be the trading styles for the festivals are changing, and some of the bread and butter racing too.

In-Play action have increased overall due to more acceptance that trading pre-race, only really gets going 5 mins before the off, and then the more unpredictable moves occur 2 minutes before the off.

I have more succes predicting how a certain selection may run, when confirmed IP, I will enter a trade within the price range I believe value, then exit (or let it ride) depending how things develop.

In business, it's adapt or die.

I've always successfully adapted. The problem for me is lower volume means I've no chance of reaching new records, it's more about managing decline. I'm seeing the same thing on other sports I trade as well. So it looks structural.

Good point.

Thought I'd post something retro, "back in the day"...


flutter.png

Before my time that, joined on 2003 when the amazing Betfair Bob cartoon character was around

[Naffman]

What a desperado

[Dallas]

What a desperado

Yep someone well keen to get on the fav

[alexmr2]

Didn't expect a gamble like that on an Ascot race

[Naffman]

Similar sort of early activity on Broome as the 1st race