Today has been very calm inplay, hardly any volatility, not good...PeterLe wrote:Ive been running a regular BOT today and just checked the log...not a single bet fired in today which Ive dont think Ive seen before? (these BOTs are just looking for close finishing races, running two very similar systems on two Betangel Instances)...
I guess its possible that there havent been any races like that so far today
If anyone is watching the races, have we had any close finished today?
Thanks
Regards
Peter
Today's Horse Racing
Thanks for that; just seemed strange (yesterday for e.g., there were many many bets being fired in all afternoon)to75ne wrote:the plumpton races were all "comfortabale" wins, dont know about naas and chelmsford
Im always on the lookout for any changes that occur on the 1st of the month etc..(just incase betfair tweak something), not that they would do that of course
(looks like we are al doing the same thing Liam!
Im having a pretty decent day so far.
I did have a look at the greyhound markets earlier on out of interest, at one of the bags races, with 5 minutes to the off. It was just a ghost market with a few £2's scattered about here and there, i dred the day the horse racing markets look like that.
I did have a look at the greyhound markets earlier on out of interest, at one of the bags races, with 5 minutes to the off. It was just a ghost market with a few £2's scattered about here and there, i dred the day the horse racing markets look like that.
Think the best approach to muts is automation to churn a few pence from the volumeoscar123 wrote:Im having a pretty decent day so far.
I did have a look at the greyhound markets earlier on out of interest, at one of the bags races, with 5 minutes to the off. It was just a ghost market with a few £2's scattered about here and there, i dred the day the horse racing markets look like that.
Greyhounds:
If you check out Caan's blog:-
http://caanberry.com/trading-betfairs-g ... ro-trader/
There is money to be made at Greyhounds too..
Not sure if this is this same guy, but I recall he was making about £6K/Month!
If you check out Caan's blog:-
http://caanberry.com/trading-betfairs-g ... ro-trader/
There is money to be made at Greyhounds too..
Not sure if this is this same guy, but I recall he was making about £6K/Month!
Fair play to him making that! I just watched the 2.57 sunderland market and the money does start to come in in the last couple of minutes. Think there was £64 matched with about 5 minutes to go, but it was over £16k at the off.
Anybody on Betdaq today? There are some big orders going in on Betdaq today, a lot of the prices are consistently out of line with betfairs too. The money seems to go in a tick or two under or over the betfair price then appears to stay there until it is all matched. Some good value to be had somewhere today.
Anybody on Betdaq today? There are some big orders going in on Betdaq today, a lot of the prices are consistently out of line with betfairs too. The money seems to go in a tick or two under or over the betfair price then appears to stay there until it is all matched. Some good value to be had somewhere today.
The money starts coming in only at the last minute or so, not a lot of it but enough to trade a bit. Dogs are such a grind though, I know a couple of greyhound traders that trade 50+ races every day, iirc they make about 2€ per race on average. Don't really think they are worth the effort unless you can automate them. All the dog traders that I know or have heard of are from countries like Romania/Czech/Poland/Croatia/Serbia so there is a bit of a pattern going on thereoscar123 wrote:I did have a look at the greyhound markets earlier on out of interest, at one of the bags races, with 5 minutes to the off. It was just a ghost market with a few £2's scattered about here and there, i dred the day the horse racing markets look like that.
I am pretty sure people are faking volume. It is the only explanation for certain price behavior. Plus someone is way too good at predicting which way I go so I would imagine Betfair is profiling their customers. So if you are a successful trader they will be more likely to jump in front of your orders.
I don't know if Betfair has whether or not they profile their customers and create fake volume, but there is a pretty signficant chance that they do. There is no real oversight of their markets by regulators, so I wouldn't trust them. The fact that I can move the market with 4 pound stakes is troubling.
I don't know if Betfair has whether or not they profile their customers and create fake volume, but there is a pretty signficant chance that they do. There is no real oversight of their markets by regulators, so I wouldn't trust them. The fact that I can move the market with 4 pound stakes is troubling.
randn123 wrote:I am pretty sure people are faking volume. It is the only explanation for certain price behavior. Plus someone is way too good at predicting which way I go so I would imagine Betfair is profiling their customers. So if you are a successful trader they will be more likely to jump in front of your orders.
I don't know if Betfair has whether or not they profile their customers and create fake volume, but there is a pretty signficant chance that they do. There is no real oversight of their markets by regulators, so I wouldn't trust them. The fact that I can move the market with 4 pound stakes is troubling.
If your convinced.
If you dont know, What is your strike rate?
Trade as normal, But do the opposite to what you think will happen. Your soon know...