Australian Horse Racing

The sport of kings.
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mcgoo
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Joined: Thu Jul 18, 2013 12:30 pm

eightbo wrote:
Sat Aug 31, 2019 4:55 am
ENDLESS MONEY on Heart Of Grace

Jheeeeeeeeeeeeeeeeeeeeeez
Wow, did well on that one but my word could have done 10x better...what a move! :shock:
Edit: AND appears to have come last or very near it :o
eightbo
Posts: 2263
Joined: Sun May 17, 2015 8:19 pm

All the fun stuff was after post time so I didn't trade it but fun to watch
eightbo
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ShaunWhite wrote:
Sat Aug 31, 2019 3:53 am
eightbo wrote:
Sat Aug 31, 2019 3:33 am
Messy trade mgmt from me in the first few but lots of value being given away so far.
349 aus/uk/ie horse and uk dog markets to go, there's a loooong session of trading ahead.
You can afford to be really selective, and get a proper sleep in too.
£3 from just 1/10th of the events is a solid £100. It's not setting any records but I feel you need a few positive days to pep you up.
Save the heroics, keep it simple. Better to end the day knowing you could have done more than doing too much and screwing it.

:) That's a lot of advice from someone who doesn't do it, but you get the general message.
you do give me a chuckle Shaun
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mcgoo
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eightbo wrote:
Sat Aug 31, 2019 5:04 am
All the fun stuff was after post time so I didn't trade it but fun to watch
7.5% on stake for me but should have been about 40% :lol:
eightbo
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Big day for the automation layers on that one
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

didnt watch that one, could you expand on automation layers? was just a big move or someone placing wrong bets?
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Naffman
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eightbo wrote:
Sat Aug 31, 2019 5:16 am
Big day for the automation layers on that one
There is no value when you have to pay 10% commission in NSW :lol:
eightbo
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Naffman wrote:
Sat Aug 31, 2019 5:21 am
eightbo wrote:
Sat Aug 31, 2019 5:16 am
Big day for the automation layers on that one
There is no value when you have to pay 10% commission in NSW :lol:
ofc there is — anything below <current price> * 0.9
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

current price -1 *0.9, noone serious on 10% anyway
eightbo
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rik wrote:
Sat Aug 31, 2019 5:21 am
didnt watch that one, could you expand on automation layers? was just a big move or someone placing wrong bets?
~£40k in back bets dumped into the market in the last minute in chunks at ridiculous prices. Most on at 4.0 but they dropped £ as low as 2.72. Doubt horse had more than 25% chance of winning given the activity excluding the bombs. Naturally opposing such spikes is value betting so you just code in something like if price moves x% in less than y seconds fade the back money
rik
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Joined: Sat Jan 25, 2014 5:16 am

you done research on if its actually value? could be someone in the know, horse owner etc, someone betting that big must be either quite rich or a winner
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Naffman
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rik wrote:
Sat Aug 31, 2019 5:30 am
you done research on if its actually value? could be someone in the know, horse owner etc, someone betting that big must be either quite rich or a winner
It's fairly obvious that people backing like that will not make money
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

could be fixed race, never know...
eightbo
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rik wrote:
Sat Aug 31, 2019 5:27 am
current price -1 *0.9, noone serious on 10% anyway
Don't think that's correct. For a price of 4.0 that would mean you have to back at (4.0 - 1) * 0.9 = 2.7 to cover commission
eightbo
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rik wrote:
Sat Aug 31, 2019 5:34 am
could be fixed race, never know...
at rosehill ???
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