Opinions on TPD - is it worthwhile?

[Euler]

To put that into context, the original pricing was £35 per meeting, so it's really cheap compared to that. The commercial license fees are way higher as well.

Just choose the lowest priced subscription and have a play.

[Dave64]

There still seems to be very little information or examples available generally about TPD and the ways in that it can be used. I've been dabbling with automated IR on the UK horseracing markets over the past month (having previously spent many years trading IR profitably back in the day) and to the naked eye it seems to be tied-down pretty tightly with regards to price moves and the eventual result. Has it become a battle of who has the sharpest analytical mind and/or automated routines? I'm interested to see what it can do but my question is how long does it take to get to grips with the functionality and how many have tried and succeeded implementing automated strategies versus how many have tried and failed to create anything vaguely profitable?

[tico]

There still seems to be very little information or examples available generally about TPD and the ways in that it can be used. I've been dabbling with automated IR on the UK horseracing markets over the past month (having previously spent many years trading IR profitably back in the day) and to the naked eye it seems to be tied-down pretty tightly with regards to price moves and the eventual result. Has it become a battle of who has the sharpest analytical mind and/or automated routines? I'm interested to see what it can do but my question is how long does it take to get to grips with the functionality and how many have tried and succeeded implementing automated strategies versus how many have tried and failed to create anything vaguely profitable?

That's an interesting question .I tried it for a few months and quite honestly found it too distracting,and on many occasions unreliable.I believe the unreliability issues have all been cleared up now but for me,I suppose I am set in my ways of race-reading .What made me give up with it ,was that on several occasions all the indications according to TPD where that horse A was going to win whilst my visual analysis was saying horse B was going to win...I always went on my own observations and won out over TPD.
The thing is sometimes TPD can be stunningly accurate (gobsmackingly so!!) ,but the problem here is knowing when.I think the simple reality here is despite the hype ,TPD will get it wrong more times than it get's it right...otherwise we would all be millionaires.As an aid I can see it's advantages and perhaps long term perhaps it could be beneficial once it's peculiarities are mastered.But like you I question the lack of info available and I cant recall seeing any major set of videos winning using TPD.I think Betmover have some but that was just a one off and I don't know if they have put more up.
As regards automation ,that's a tricky one ,I don't like automation ,but there are some real experts on here who do...but then you are up against the old problem...who will release a winning automated strategy .
What would be a fascinating exercise is putting somebody up who is totally unfamiliar with traditional form analysis and ask them just to use TPD.Would they win out over the traditionalists??
Regards
Tico

[Euler]

IMO, people who say it's inaccurate aren't using it correctly.

It's simply the most stunning addition to racing that has ever happened. But of course nobody who uses it is going to come onto a forum and just say, "Here you go, here's my edge."

Just think it through. Look at what you're getting and put it to use.

For example, lots of people have pushed the lay the field strategy for many years in play. Now you've got actual data that you can use against that strategy.

[jamesedwards]

Most people expect TPD to be a latency advantage and then get disappointed with the accuracy. Latency is only in-line with Betfair RMG streams and the drones, and positional data up to a half a length out, so using it to smash 1.01 on the winner is not going to work.

TPD is a data advantage. Multiple attributes for every horse updating 5 times a second means you pull out some crazy value as the race progresses towards the final stages. Personally I focus on manual in-play trading and mostly use TPD to help me with this. But I also have TPD automations running in the background that make me low 5 figures per year on their own. It picked me out a 999/1 winner a few weeks ago. viewtopic.php?p=390263#p390263

[tico]

IMO, people who say it's inaccurate aren't using it correctly.

It's simply the most stunning addition to racing that has ever happened. But of course nobody who uses it is going to come onto a forum and just say, "Here you go, here's my edge."

Just think it through. Look at what you're getting and put it to use.

For example, lots of people have pushed the lay the field strategy for many years in play. Now you've got actual data that you can use against that strategy.

Hmm
To say that this is the most stunning addition to racing that has ever happened is IMHO a wild exaggeration .It is an addition and an aid , but astronomically significant it certainly isn't .
I think your final observation about laying the field more or less proves my point ,there are 101 ways of laying the field prior to the running of a race.If prices go in your favour you will win ,it is a fixed and controllable scenario ,but once in running !!! I daresay the algorithm doesn't exist that could cope with that .

[ShaunWhite]

,but once in running !!! I daresay the algorithm doesn't exist that could cope with that .

So you're saying that knowing their relative positions and relative speeds isn't useful? Without that all you have is price, and there's no way to know if a price move relates to what's actually happening on course, or if it's just a punter cutting losses or others overreacting to a commentary error. Trading IS about the difference between prices and actual liklihood. Everyone knows the first, TPD is a big step towards knowing the second. Not ideal, but better than decades of nothing.