Australian Horse Racing
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TipTopTrader
- Posts: 465
- Joined: Fri Feb 16, 2018 8:29 pm
There is a 10 race metro card on at Sandown tomorrow, starts at 11.05 am Aus time.
Should trade like a Wednesday, volume wise.
Should trade like a Wednesday, volume wise.
Its mainly a jumps card isn't it featuring 'The Grand National'TipTopTrader wrote: ↑Sat Aug 03, 2019 8:20 amThere is a 10 race metro card on at Sandown tomorrow, starts at 11.05 am Aus time.
Should trade like a Wednesday, volume wise.
I've sometimes got 16 out of 16 on a Saturday morning (just trading two meetings) but would do well to get 6 from 6 in the UK. For me at least, it's all down to the stability of the big Aussie meetings, you don't get the sharp moves you do in the UK. Even when I do get caught out late I've usually built up enough green to just give some of it back.
FFS, reduce stakes if you're going to try again next Saturday!
I'm not suggesting £2 stakes but surely you could have learned just as much as you did last night using just one tenth of your stakes? Maybe I'm just a tight git that doesn't like throwing away money (or see anyone else do it), but when I'm trying out new strategies I go very small if it's practical.
well im quite sure i have an edge so why bet minimal stakesDerek27 wrote: ↑Sat Aug 03, 2019 2:52 pmFFS, reduce stakes if you're going to try again next Saturday!
I'm not suggesting £2 stakes but surely you could have learned just as much as you did last night using just one tenth of your stakes? Maybe I'm just a tight git that doesn't like throwing away money (or see anyone else do it), but when I'm trying out new strategies I go very small if it's practical.
I wasn't suggesting you use minimal stakes, I suggested, by way of and purely as an example, one-tenth of your stake, which would have saved £2k.
You can only be sure you have an edge when you've been making consistent profits. You said you're new to Australian racing so you can't be confident that you have an edge on these markets. From our conversation on Saturday morning, you were misguided about the turnover charge and believed if you let a bet run you won't have to pay it (you actually have to let every back bet run to avoid paying it). I'm only concerned for you that you could be wasting money unnecessarily finding your feet with Aussie markets and again, get unnecessarily hit by the turnover charge if you're not aware of the rules.
You can only be sure you have an edge when you've been making consistent profits. You said you're new to Australian racing so you can't be confident that you have an edge on these markets. From our conversation on Saturday morning, you were misguided about the turnover charge and believed if you let a bet run you won't have to pay it (you actually have to let every back bet run to avoid paying it). I'm only concerned for you that you could be wasting money unnecessarily finding your feet with Aussie markets and again, get unnecessarily hit by the turnover charge if you're not aware of the rules.
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spreadbetting
- Posts: 3140
- Joined: Sun Jan 31, 2010 8:06 pm
If you've got an edge and can afford these losing streaks you'd be silly to bet £2 stakes. You're better placed than the rest of us as to whether you do have a workable edge and the bankroll to continue.
