In Play Horse Trading Money Pit

[tico]

Hi All<
So as the favourite activity of in-play horse traders is making zillions of pounds then getting wiped out ,is it worth the investment of subscribing to the live feed Total Performance Data feeding into the BA program so I can make zillions of pounds without getting wiped out .
Kind Regards
Tico

[Safeway]

I think you are experienced and successful so maybe there's not much I can add but I think it's great. It certainly doesn't eliminate the possibility of getting wiped out. Some may be making it from working out the likely winner and backing late in the race but I'm a gazillion miles from that.

It's taught me everything I need to know about the actual nature of a horse race - it ain't over 'til the fat lady sings

Those held up horses are awful and a hazard to both layers and backers

[Fugazi]

I think you are experienced and successful so maybe there's not much I can add but I think it's great. It certainly doesn't eliminate the possibility of getting wiped out. Some may be making it from working out the likely winner and backing late in the race but I'm a gazillion miles from that.

It's taught me everything I need to know about the actual nature of a horse race - it ain't over 'til the fat lady sings

Those held up horses are awful and a hazard to both layers and backers

I think whats great about it, is that it is still fairly new. Theres so many avenues uet to be explored.

You could even be looking at the standard deviation of winners from the speeds at which they run down to the stalls, and lay the outliers. TPD is still new enough that a unique idea, may actually be a unique idea.

[jamesedwards]

Depends how you use it. Its not accurate enough to back the winner at very low odds on the line, but absolutely possible to make consistent profits by trading during the race.

[ShaunWhite]

I think whats great about it, is that it is still fairly new.

New-ish. People have been using it for at least 5 or 6 years. Probably close to 9 yrs for the version that just had 2d coordinates and you had to superimpose your own mapping.

"doesn't eliminate the possibility of getting wiped out." err no. That's just a staking issue.

[Euler]

It's really easy to get a decent P&L inplay over a day or so, but over week, month and year is a bit harder.

Inplay trading is heavily biased to outcome. So if you are doing a lay to back, your strike rate will always be high. Especially if you have have more losing favourites than normal.

A lot of why I see as 'trading' is merely taking advantage of that high strike and little else.

TPD was the breaking through that allowed me to trade inplay, and it's all automated for me. So that's a massive bonus.