Australian racing

[Derek27]

why dont you spoof yourself if you think its working, i doubt its a valid strategy in the long run, you can only influence the price in the short run anyway if there is no genuine money wanting to back a horse and if you get matched too large an amount your in trouble cant trade out sensibly

The fact that a strategy works isn't a valid reason for using it. Everybody has their own style and risk limit in proportion to what they expect to make.

[Naffman]

why dont you spoof yourself if you think its working, i doubt its a valid strategy in the long run, you can only influence the price in the short run anyway if there is no genuine money wanting to back a horse and if you get matched too large an amount your in trouble cant trade out sensibly

The fact that a strategy works isn't a valid reason for using it. Everybody has their own style and risk limit in proportion to what they expect to make.

Like PDC says he seems to know what he's doing, maybe he knows what the price should be or works for a bookie and has access to where the money is and will continue to go

[Derek27]

why dont you spoof yourself if you think its working, i doubt its a valid strategy in the long run, you can only influence the price in the short run anyway if there is no genuine money wanting to back a horse and if you get matched too large an amount your in trouble cant trade out sensibly

The fact that a strategy works isn't a valid reason for using it. Everybody has their own style and risk limit in proportion to what they expect to make.

Like PDC says he seems to know what he's doing, maybe he knows what the price should be or works for a bookie and has access to where the money is and will continue to go

He may know what he's doing, but in response to riks question, what works for one person won't necessarily work for another.

[spreadbetting]

If a strategy wins money it'll work for everyone, just because some can't stick to the 'rules' doesn't stop it being a winning strategy.

[Derek27]

If a strategy wins money it'll work for everyone, just because some can't stick to the 'rules' doesn't stop it being a winning strategy.

Strategies don't necessarily have 'rules', they often consist of a basic framework for trading and require skill and judgement, adaptable to the situation. Perhaps 'style' is a better word but just because somebody makes money spoofing (if he does) doesn't mean any of us would be suited to that style/strategy.

[megarain]

wow someone wanted to back oceans fifteen there, lost a close second.
anyone long term stats on outright laying big moves caused by likely just one person, surely must be value unless betting is based on inside information? seemed like just 1 person moved the price from 3,5 to 2,2 in a 220k market must have bet 25k at least

Yeah.

So, this was my day. I would like to be him/her/it ?

Its the last race of the day .. after what was potentially a 7-8 hr session, at v unsocial hours.

You don't know if its someone chasing .. I leaned towards this, as the race summariser made it 3rd pick .. it was drawn badly (14) - thou the winner (tipped by the summariser (4/1), was drawn 13.

I was winning 500 or so, after grinding for maybe 4 hrs. Nothing wrong .. and the beast is 3.3 or so, and I put in some lays at 3.0, for 200 liability.

That gets smashed, in a swipe and the new price is 2.8x. I enter another 200 liability at 2.6x, and that gets looked at, and hit. At this point, it gut check time. Do u really want to play russian roulette on the last race of the day ?

Yeah .. of cause u do. I enter a 1000 liability at 2.4. That gets smashed. It briefly spikes back to 2.5, which enable me to cover maybe 250, but then, back to 2.4x.

They jump. I feel sick. Liability of 1250, which I am ok with - but the mental torture of the next hours is hell, pretty much either way.

As I say, I would like to be him/her/it. Avoid - unless u can be 98% sure, u are laying absolute bottom price.

[LinusP]

wow someone wanted to back oceans fifteen there, lost a close second.
anyone long term stats on outright laying big moves caused by likely just one person, surely must be value unless betting is based on inside information? seemed like just 1 person moved the price from 3,5 to 2,2 in a 220k market must have bet 25k at least

Yeah.

So, this was my day. I would like to be him/her/it ?

Its the last race of the day .. after what was potentially a 7-8 hr session, at v unsocial hours.

You don't know if its someone chasing .. I leaned towards this, as the race summariser made it 3rd pick .. it was drawn badly (14) - thou the winner (tipped by the summariser (4/1), was drawn 13.

I was winning 500 or so, after grinding for maybe 4 hrs. Nothing wrong .. and the beast is 3.3 or so, and I put in some lays at 3.0, for 200 liability.

That gets smashed, in a swipe and the new price is 2.8x. I enter another 200 liability at 2.6x, and that gets looked at, and hit. At this point, it gut check time. Do u really want to play russian roulette on the last race of the day ?

Yeah .. of cause u do. I enter a 1000 liability at 2.4. That gets smashed. It briefly spikes back to 2.5, which enable me to cover maybe 250, but then, back to 2.4x.

They jump. I feel sick. Liability of 1250, which I am ok with - but the mental torture of the next hours is hell, pretty much either way.

As I say, I would like to be him/her/it. Avoid - unless u can be 98% sure, u are laying absolute bottom price.

Coming from an automation point of view, these sort of opportunities happen all the time in almost every race, you take the value and move on to the next. Who cares if it wins? It’s all about playing the numbers game, if you start suffering from mental torture then you are betting too much.

[Derek27]

Hobart starts at 2:05 this morning, that's sooner than it feels.

[Dr_Zoidberg]

Was just observing if one of the UK based posters can help me out with something.

Can someone with one of the UK online feeds (SSR/RTV/ATR etc) that broadcasts AU races give me a bit of an idea of the latency? Are they way behind when BF suspends or are the only a second or two behind? I'm strictly talking online feeds, not any satellite/cable service.

Thanks heaps for any help

[rik]

Im from the UK but watch the australian sky sports with vpn and have tab radio on if needed. Do Racing TV even cover Australian Racing? Is there a difference between at the races and sky sports racing? from what people are saying both are way behind betfair regular flash video i assume that is no different for the australian racing

[Dr_Zoidberg]

I'm not entirely sure which platforms cover AU racing so I just included all of them lol. I know there has been renaming/merging so apologies if I listed something that doesn't exist anymore

[Naffman]

12 race card from Pinjarra tomorrow

[megarain]

12 race card from Pinjarra tomorrow

Racenet website shows it as abandoned.

[Naffman]

12 race card from Pinjarra tomorrow

Racenet website shows it as abandoned.

It's going ahead, sometimes racenet can be a bit slow as this meeting was abandoned on Thursday I think it was

[James]

Hi guys,

I’m going to have a crack at the Aus racing tomorrow (Mon). Which courses are likely to have the best liquidity?

Thanks