Greyhound Mystique

Any markets not covered in the other boards
Post Reply
User avatar
wearthefoxhat
Posts: 3551
Joined: Sun Feb 18, 2018 9:55 am

ilovepizza82 wrote:
Tue Jan 21, 2020 6:37 pm
Archery1969 wrote:
Tue Jan 21, 2020 6:16 pm

Hopefully that means more people backing the same Dog and helping force the prices down even further. :lol:
Soon Betfair will ban us all as they will think we all are some kind of syndicate or somethin :D
Mark Douglas would have said....."The collective mind moving the market"
User avatar
Kai
Posts: 7051
Joined: Tue Jan 20, 2015 12:21 pm

Would be interesting to see if this newfound interest in greyhounds improves the liquidity, maybe that was the plan all along? To get every man and his dog interested in these markets? :)

Image
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

Kai wrote:
Tue Jan 21, 2020 7:51 pm
Would be interesting to see if this newfound interest in greyhounds improves the liquidity, maybe that was the plan all along? To get every man and his dog interested in these markets? :)

Image
:lol:

Since i started just over 3 months ago i have noticed allot more money being matched on the dogs recently. But i dont think thats anything todo with this thread.
User avatar
Naffman
Posts: 5904
Joined: Sun Aug 11, 2013 5:46 am

Archery1969 wrote:
Tue Jan 21, 2020 7:58 pm
Kai wrote:
Tue Jan 21, 2020 7:51 pm
Would be interesting to see if this newfound interest in greyhounds improves the liquidity, maybe that was the plan all along? To get every man and his dog interested in these markets? :)

Image
:lol:

Since i started just over 3 months ago i have noticed allot more money being matched on the dogs recently. But i dont think thats anything todo with this thread.
Probably as theres very little night racing to clash with
TipTopTrader
Posts: 465
Joined: Fri Feb 16, 2018 8:29 pm

Do they suspend the market and void all bets in the UK dogs if there is a late scratching?, like they do on the Aussie dogs.
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

TipTopTrader wrote:
Tue Jan 21, 2020 9:36 pm
Do they suspend the market and void all bets in the UK dogs if there is a late scratching?, like they do on the Aussie dogs.
What’s late scratching ?
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Just looked at the logs of todays 'selections' would have been an overall loss of -80 ticks by taking the available price at 2 minutes out and closing at the best lay at the off time, that switched to a profit of 32pt profit when only playing if the runner was the ranked favourite at the 2mins mark. Obviously you'd also get better prices by making not taking. HAve to see what a week or so brings
TipTopTrader
Posts: 465
Joined: Fri Feb 16, 2018 8:29 pm

A late scratching is when one of the dogs ruled not fit to race by the vets and is taken out just before the race. In horse and harness racing they just uses a deduction of the odds of the runner.

In the Aus dogs, say you are trading 10 to 5 minutes before the race and there is a late scratching they will suspend the market and void all bets, and will reopen it if they have time.
User avatar
Bog
Posts: 198
Joined: Sat Aug 11, 2018 7:19 am

TipTopTrader wrote:
Tue Jan 21, 2020 10:13 pm
A late scratching is when one of the dogs ruled not fit to race by the vets and is taken out just before the race. In horse and harness racing they just uses a deduction of the odds of the runner.

In the Aus dogs, say you are trading 10 to 5 minutes before the race and there is a late scratching they will suspend the market and void all bets, and will reopen it if they have time.
Same for UK dogs, they void all bets
User avatar
Bog
Posts: 198
Joined: Sat Aug 11, 2018 7:19 am

spreadbetting wrote:
Tue Jan 21, 2020 10:06 pm
Just looked at the logs of todays 'selections' would have been an overall loss of -80 ticks by taking the available price at 2 minutes out and closing at the best lay at the off time, that switched to a profit of 32pt profit when only playing if the runner was the ranked favourite at the 2mins mark. Obviously you'd also get better prices by making not taking. HAve to see what a week or so brings
Interesting results Spreadbetting. Same method for selection using SportingLife for best and last lap?

So the odds doesn't shorten all the time with 99% accuracy :mrgreen:

Or maybe you need to get matched at better odds before the market starts to form. Maybe 5 minutes before the start?
Last edited by Bog on Tue Jan 21, 2020 10:36 pm, edited 1 time in total.
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

spreadbetting wrote:
Tue Jan 21, 2020 10:06 pm
Just looked at the logs of todays 'selections' would have been an overall loss of -80 ticks by taking the available price at 2 minutes out and closing at the best lay at the off time, that switched to a profit of 32pt profit when only playing if the runner was the ranked favourite at the 2mins mark. Obviously you'd also get better prices by making not taking. HAve to see what a week or so brings
I was told that there are key timing points / matched amounts for Greyhounds being 3m 30s, 3m, 2m 30s, 2m, 1m 30s and 1m.

But i have no data yet to back that claim up.
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

Bog wrote:
Tue Jan 21, 2020 10:35 pm
spreadbetting wrote:
Tue Jan 21, 2020 10:06 pm
Just looked at the logs of todays 'selections' would have been an overall loss of -80 ticks by taking the available price at 2 minutes out and closing at the best lay at the off time, that switched to a profit of 32pt profit when only playing if the runner was the ranked favourite at the 2mins mark. Obviously you'd also get better prices by making not taking. HAve to see what a week or so brings
Interesting stuff Spreadbetting. Same method for selection using SportingLife for best and last lap?

So the odds doesn't shorten all the time with 99% accuracy :mrgreen:

Or maybe you need to get matched at better odds before the market starts to form. Maybe 5 minutes before the start?
You need to get matched at better odds. For allot of races waiting until the 2m mark is missing out on allot of ticks. There was a race this morning that met the original rules and was matched above 6 at the 5m mark and went down to 2.54 before reversing back upto 2.8ish. If you were requesting back prices below the current lay price from 5m out and got matched then you would have made a large packet before the off.
User avatar
Bog
Posts: 198
Joined: Sat Aug 11, 2018 7:19 am

Archery1969 wrote:
Tue Jan 21, 2020 10:39 pm
You need to get matched at better odds. For allot of races waiting until the 2m mark is missing out on allot of ticks. There was a race this morning that met the original rules and was matched above 6 at the 5m mark and went down to 2.54 before reversing back upto 2.8ish. If you were requesting back prices below the current lay price from 5m out and got matched then you would have made a large packet before the off.
Yes, that's ideal, to be matched at better odds :)
Do you pay attention at the number of unmatched & matched bets made in a hour because of that 1000 bets/hour limit?

viewtopic.php?t=19121
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

Bog wrote:
Tue Jan 21, 2020 10:53 pm
Archery1969 wrote:
Tue Jan 21, 2020 10:39 pm
You need to get matched at better odds. For allot of races waiting until the 2m mark is missing out on allot of ticks. There was a race this morning that met the original rules and was matched above 6 at the 5m mark and went down to 2.54 before reversing back upto 2.8ish. If you were requesting back prices below the current lay price from 5m out and got matched then you would have made a large packet before the off.
Yes, that's ideal, to be matched at better odds :)
Do you pay attention at the number of unmatched & matched bets made in a hour because of that 1000 bets/hour limit?

viewtopic.php?t=19121
Nope. i am not betting on every race. Today was 57 races in total i traded. Maybe 7 per hour on average x 20 trades each is only 280 matched/unmatched combined per hour, so well under the 1000 bets per hour limit etc.
User avatar
wearthefoxhat
Posts: 3551
Joined: Sun Feb 18, 2018 9:55 am

Archery1969 wrote:
Tue Jan 21, 2020 10:35 pm
spreadbetting wrote:
Tue Jan 21, 2020 10:06 pm
Just looked at the logs of todays 'selections' would have been an overall loss of -80 ticks by taking the available price at 2 minutes out and closing at the best lay at the off time, that switched to a profit of 32pt profit when only playing if the runner was the ranked favourite at the 2mins mark. Obviously you'd also get better prices by making not taking. HAve to see what a week or so brings
I was told that there are key timing points / matched amounts for Greyhounds being 3m 30s, 3m, 2m 30s, 2m, 1m 30s and 1m.

But i have no data yet to back that claim up.
I don't believe there are any hard and fast rules for a specific entry point. If you find one that suits your trading style or improves the probability of getting the best odds, then onwards and upwards.

The only real observation I have made watching the odds move, is that the liquidity steps up markedly from 2 minutes out. Others have intimated that the bots are set to switch on from that point, i'd tend to agree, although that info alone could be massaged in your favour.

The Open Races get moving a little earlier, which could be down to the shorter price runners.

I've also noticed the HC (Handicap) races gets a fair volume through the market compared the the lower A-type graded races.
Post Reply

Return to “Other Betfair Sports Trading markets”