Lingfield 5:30 - Titus Gent
Back 20 Points @ 7.8
Lay 30.58 Points @ 5.1
Level Profit of 10.58 points or - 20
Wish me luck
BTL (Back To Lay) Traders
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Online Trader
- Posts: 211
- Joined: Wed Apr 21, 2010 7:13 am
OK I will be brave and put one up here:
Lingfield 5:30 - Titus Gent
Back 20 Points @ 7.8
Lay 30.58 Points @ 5.1
Level Profit of 10.58 points or - 20
Wish me luck
Lingfield 5:30 - Titus Gent
Back 20 Points @ 7.8
Lay 30.58 Points @ 5.1
Level Profit of 10.58 points or - 20
Wish me luck
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Online Trader
- Posts: 211
- Joined: Wed Apr 21, 2010 7:13 am
Well that was a nice one, I actually traded this one twice as I was able to get out pre the off @ 5.9 and then I went back in again at 6.6 and out again at 4.2 so all in all a nice profit from that one 
He did go onto win but at least 60-70% of my selections don't win but who cares if you can get matched
He did go onto win but at least 60-70% of my selections don't win but who cares if you can get matched
This is how the trade went for you technical analysts: Chart 1 is just before the off, Chart2 is just In Play, Chart3 is the finish.
(charts taken off BetAngel)
Very interesting debate:
trading without knowledge of horses
verus
trading with knowledge of horses
Rory Delargy is always on about BTL on Timeform radio.
(charts taken off BetAngel)
Very interesting debate:
trading without knowledge of horses
verus
trading with knowledge of horses
Rory Delargy is always on about BTL on Timeform radio.
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Online Trader
- Posts: 211
- Joined: Wed Apr 21, 2010 7:13 am
During the Winter when there is a lot of AW racing (this is my main area of trading)perhaps 3-4 races max
At the moment it may be only 1 or 2 (managed 2 today) both successful trades
Some days none
If you could specilise in the turf meetings then there would be many more but for me there are too many and it is hard enough keeping up with the AW so I am not intending to get into the turf just yet and if I do it will only be for a couple of tracks
At the moment it may be only 1 or 2 (managed 2 today) both successful trades
Some days none
If you could specilise in the turf meetings then there would be many more but for me there are too many and it is hard enough keeping up with the AW so I am not intending to get into the turf just yet and if I do it will only be for a couple of tracks
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Online Trader
- Posts: 211
- Joined: Wed Apr 21, 2010 7:13 am
Don't forget the get out in play if you are watching the race you can cut and run at any point using Bet Angelaiming for 50% profit or bust.
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Have you ever been caught by Betfair not turning a market inplay or going down?
You would be unlucky to be caught if you are just doing 2 or 3 a day but I guess something to bear in mind.
Do you place your backs early in the day or just before the off?
You would be unlucky to be caught if you are just doing 2 or 3 a day but I guess something to bear in mind.
Do you place your backs early in the day or just before the off?
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Online Trader
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- Joined: Wed Apr 21, 2010 7:13 am
So far so good with being caught out by Betfair but both back and lay is made pre the off so if it went down I would just have to let it run and hope 
I play around with timing of the placing of the back bet as there can be some false prices in the market early doors, I tend to wait until an hour or so before the off and often closer (the crazy 15 mins when the scalpers are going mad can be a good point to enter as the prices can move in the right direction quickly)they can also come in and give a green screen pre the off if I have pitched it right
I play around with timing of the placing of the back bet as there can be some false prices in the market early doors, I tend to wait until an hour or so before the off and often closer (the crazy 15 mins when the scalpers are going mad can be a good point to enter as the prices can move in the right direction quickly)they can also come in and give a green screen pre the off if I have pitched it right
Is AW handicapping not particularly tricky, given that you need to assess how form from various distances and goings will translate into (say) 5 furlongs of fibresand?
Jeff
Jeff
Online Trader wrote: I also specialise in All Weather Racing as it involves less variables than other types of racing
If the horse refuses to run, though, don't you lose your entire bank?
Jeff
Jeff
Online Trader wrote:It can be a profitable strategy, if you can find front runners who get away to a good start in sprints then the odds usually shorten considerably over the 1st 3 furlongs ensuring that your lay bet gets matched
Hi Zenyatta
Is your thinking behind this approach that the market will generally move towards the horse's true price?
Jeff
Is your thinking behind this approach that the market will generally move towards the horse's true price?
Jeff
Zenyatta wrote:So far, big swing trades based on knowledge of the horse are the only sorts of trades that are working for me. I've tried the cold trading and can do no better than random chance, just losing money so far.
I think trading based on a sound knowledge of horse racing is far more effective (and much more fun too). Trades that are based on a knowledge of horse racing can and should be left In-Play.
The Timeform site might be useful, as it lets you know how low a horse went in-running in previous races:
http://form.horseracing.betfair.com/timeform
Jeff
http://form.horseracing.betfair.com/timeform
Jeff
Hades wrote:I use this site as a starting point:
http://www.patternform.co.uk/
click through till you see the "pace" link [top right hand of page]
Regards