Today's Horse Racing

[ijustlovesnickers]

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[LinusP]

Racing is so dull at the moment. Just can't wait for it to pick up again. Just feel like I'm going through the motions at the moment.

Inplay has been great today, lots of volatility

Ditto. Ive just completed a four hour rive and was keeping my eye on the P&L's (On a relatively new system)
Just out of interest; do you run on the the Irish courses (and how do you find Chelc?) Do they exhibit similar patterns/profits?
Thanks
Regards
Peter

Sorry for the late reply, I run almost everything on IRE and UK as liquidity seems to have increased on IRE over the past year.

Chelc? Ill be honest I have never found patterns in courses / profits in my strategies although it is something I should probably look into

[callumth1]

Don't get me wrong I like betdaq for their low commissions and better treatment of traders than betfair, but why do they feel the need to lie about matched amounts? I asked them why there is such a big difference between matched amounts on the website and my software and its because they take into account "potential winnings". So if a horse has been backed for £2 at 1000 its going to show as £2000 matched instead of £2 which is a complete joke IMO. Was a race at Navan today that showed £200k matched 10 minutes out, I thought it must've been a big race then I realised they bull**** about their matched volumes and there was only actually £10k matched!

[Dallas]

Both exchanges have different ways of showing there traded volumes, there is a thread on here somewhere explaing how each calculates them

[spreadbetting]

All swings and roundabouts, Betfair treat backing a £1000 @ 1.01 as £1000, Betdaq would treat it as 10p potential winnings. Most of the money in running is matched at low odds and that swells the pot for Betfairs figures. As long as you're aware of how each calculate it's immaterial

[callumth1]

There's having "different ways" of showing volumes, and then there's being totally misleading. It's clear which betdaq is doing.

[oscar123]

I used to get caught out by how Betdaq record their amount matched figures too.

To be honest though, I really wouldnt worry about those figures, the most important figures are the fill rate, and what you manage to get matched yourself.

In terms of amounts matched Betdaq is still clearly behind betfair, though in terms of fill rate and what you can personally get matched, I would say that the gap is a lot closer. I would estimate that at present you can put through around 70-80% of the money through BD that you can through BF.

Just because the volumes are higher on BF, it doesnt automatically mean that you will be getting your money matched, its all about the fill rate.

[callumth1]

There's having "different ways" of showing volumes, and then there's being totally misleading. It's clear which betdaq is doing.

Practically every single race I've seen on betdaq has showed at least 3x more on the website than on the software. Maybe there's occasions when it's the other way round but it's not often

[Euler]

There's having "different ways" of showing volumes, and then there's being totally misleading. It's clear which betdaq is doing.

Practically every single race I've seen on betdaq has showed at least 3x more on the website than on the software. Maybe there's occasions when it's the other way round but it's not often

You can switch it from within Bet Angel so you can show either using the software. When I started trading on Betdaq, volumes were tiny, maybe 3% of Betfair. But they are nearly regularly nearer 15% now. There is a discussion on the Betdaq area of the forum.

[ijustlovesnickers]

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[PeterLe]

Surprising how many times the last race of the day turns out to be the best...I wonder if it is partially because people are stretching themselves?
Four under 2's

[Euler]

Almost certainly

[andyfuller]

The old get out of jail race.

Can't say it was the best day for me on Betdaq - quite disappointing though I put some of that down to my lack of concentration due to a poor nights sleep.

[callumth1]

There's having "different ways" of showing volumes, and then there's being totally misleading. It's clear which betdaq is doing.

Practically every single race I've seen on betdaq has showed at least 3x more on the website than on the software. Maybe there's occasions when it's the other way round but it's not often

You can switch it from within Bet Angel so you can show either using the software. When I started trading on Betdaq, volumes were tiny, maybe 3% of Betfair. But they are nearly regularly nearer 15% now. There is a discussion on the Betdaq area of the forum.

ok, cheers

[LinusP]

Surprising how many times the last race of the day turns out to be the best...I wonder if it is partially because people are stretching themselves?
Four under 2's

I need to do the stats but I think there must be a relationship between how the first few races turn out and the rest of the day. I can almost be certain that I will have a good day if the first race is volatile or has a high priced winner.