Greyhound Mystique

[wearthefoxhat]

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[Archery1969]

Still going well....

You mentioned that this is a popular technique with punters so presumably you're preempting their money arriving and the price shortening because of it? Would other popular dog selection methods yield similar results?

The original posting has been edited so I'm not sure of the details, but there seems to be an element of filling the spread with offers too. How much of your profit do you think is down to the dog analysis, and how much is down to having your offers matched? By the way, when are you closing these, scheduled start?

Hi Shaun,

Its been popular with straight backers for a long time i think as its well documented on a website. I just thought, if everyone starts backing the matching selection then the price is going to shorten and i can trade out. I am closing when 6 ticks profit and then repeating the process from 30mins to 0.50 seconds before the start of each race. Until the 3 minute mark then the gaps between back / lay prices is huge, i nip in with a poor value offer, if someone jumps in front of me then i cancel and jump in front of them. I presume these are market making bots as they react very quickly to my trades. But when the money starts coming in they tend to leave the party and i get matched at good price compared to waiting until the market has properly formed etc.

Not sure if its down to dog analysis or getting matched. What this method highlights is dogs that will shorten, probably because of the number of backers who are driving the price down by using the same method. I am just jumping in and trading out for equal profit before race start.

Cheers,

[Archery1969]

Hi,

Ever needed to know which Greyhound will shorten in price with 99% accuracy ?

Any questions then let me know.

Have fun.

When you say the last race times do you mean the last race that they had? or the worst time they had recorded?

Also I would agree with a previous post it takes a lot of effort to populate the race card each day so if you could automate that process you would be flying

We take each dogs best time and last race time recorded. Reason being their best time could have been 5 races ago and since then they have raced not as good.

[ShaunWhite]

Thanks for the extra info Archery1969, I've always thought the popular punting methods must point to some sort of activity but hadn't got around to looking at it yet. Dogs more so than any other sport I'd imagine, because the system followers represent a larger proportion of the overall volume that those sports which are more followed, such as the horses. I bot the dogs too, approx 4 in each of about 90% of all races in either hemisphere so anything new always attracts my attention. I'm not sure I'll be competing with you though so not to worry, mainly because I'm reluctant to spend the time gathering the data. Like most people my day is pretty busy and regimented anyway, and I've got a todo list/year plan that's already a year's worth, so I think I'll stick to doing my own thing.

Good luck with it, it's a nice idea, and a big effort to implement, what ever you make isn't winnings, it's been earned. It's a case study for anyone new who thinks automation is downloading a sample and putting their feet up. Far from it.

[Archery1969]

Thanks for the extra info Archery1969, I've always thought the popular punting methods must point to some sort of activity but hadn't got around to looking at it yet. Dogs more so than any other sport I'd imagine, because the system followers represent a larger proportion of the overall volume that those sports which are more followed, such as the horses. I bot the dogs too, approx 4 in each of about 90% of all races in either hemisphere so anything new always attracts my attention. I'm not sure I'll be competing with you though so not to worry, mainly because I'm reluctant to spend the time gathering the data. Like most people my day is pretty busy and regimented anyway, and I've got a todo list/year plan that's already a year's worth, so I think I'll stick to doing my own thing.

Good luck with it, it's a nice idea, and a big effort to implement, what ever you make isn't winnings, it's been earned. It's a case study for anyone new who thinks automation is downloading a sample and putting their feet up. Far from it.

Yep, it’s been a learning curve but well worth the daily effort for the past 3 months or so. I guess the next step is working out if I am better to open the trade and close 50 seconds before the off or closing after 6 ticks and repeating the process. I went for the latter because the odds can jump up and down very quickly so I wanted to lock in some profit. Once I get it fully automated then I will do some study around when is the best time to close each trade etc.

Even if it was to fail tomorrow it’s been a good learning curve for me and I have made some nice profits in a relatively short period of time. Looking at some of the threads on here then I seem to be in the minority. Allot of people seem to chasing shadows and the dream with no effort or thought on what their doing.

Cheers,

[Archery1969]

Today we have 57 qualifying races loaded up into Guardian in 30 mins. Thanks JIm.

- Nominated Selection 1 Column is BTL Trades
- Nominated Selection 2 Column is LTB Trades

I have additional added another rule to my Bot to only place trades between odds of 2 and 10.

[wearthefoxhat]

Today we have 57 qualifying races loaded up into Guardian in 30 mins. Thanks JIm.

- Nominated Selection 1 Column is BTL Trades
- Nominated Selection 2 Column is LTB Trades

I have additional added another rule to my Bot to only place trades between odds of 2 and 10.

Good luck today.

I manually input 4 meetings from todays 139 races max. Getting faster....

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[wearthefoxhat]

Good start.

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[wearthefoxhat]

A bit of profit today over 12 races. Just a question when to scale up.

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[wearthefoxhat]

Scaled up a little, always good to get off to a flyer. A little more selective today as 140 markets are too many...

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[Dipstick]

Found this theme interesting. How did Archery do yesterday?

I am a believer that there are always people out there with more knowledge than me (particularly given the multiplicity of different sports) and hence am interested when someone looks to find that edge in a sport where I have found it difficult to get that edge. Am not loking for someone to give away their crown jewels but like to hear about how others are doing and think that this approach has got to be part of a profitable strategy - even if time heavy for collating the data

Dipstick

[Archery1969]

Found this theme interesting. How did Archery do yesterday?

I am a believer that there are always people out there with more knowledge than me (particularly given the multiplicity of different sports) and hence am interested when someone looks to find that edge in a sport where I have found it difficult to get that edge. Am not loking for someone to give away their crown jewels but like to hear about how others are doing and think that this approach has got to be part of a profitable strategy - even if time heavy for collating the data

Dipstick

Hi,

Yeserday i was + £63.18 after taking a few hits whereby a few of my BTL selections were apposed by SportingLIfe and some of my LTB selections were actually supported by Sporting Life. If it hadnt been for those then it would have ended up around £87 for the day. Biggest problem is scaling up and/or getting matched on the Greyhounds. You can drip feed to a point but not if the market suddenly corrects itself during the last minute.

Its not longer heavy for callating the data and deciding which are BTL / LTB trades. A forum member went the extra mile and has automated all the donkey work. He deserves a big thankyou from me.

[wearthefoxhat]

Found this theme interesting. How did Archery do yesterday?

I am a believer that there are always people out there with more knowledge than me (particularly given the multiplicity of different sports) and hence am interested when someone looks to find that edge in a sport where I have found it difficult to get that edge. Am not loking for someone to give away their crown jewels but like to hear about how others are doing and think that this approach has got to be part of a profitable strategy - even if time heavy for collating the data

Dipstick

Hi,

Yeserday i was + £63.18 after taking a few hits whereby a few of my BTL selections were apposed by SportingLIfe and some of my LTB selections were actually supported by Sporting Life. If it hadnt been for those then it would have ended up around £87 for the day. Biggest problem is scaling up and/or getting matched on the Greyhounds. You can drip feed to a point but not if the market suddenly corrects itself during the last minute.

Its not longer heavy for callating the data and deciding which are BTL / LTB trades. A forum member went the extra mile and has automated all the donkey work. He deserves a big thankyou from me.

Nice work and excellent news on automating the donkey work.

At the moment, I enjoy the process of data input, but if/when I hit a few losing days, it will test my resolve for sure. For now, it's going well, maybe too well, but thanks to Archery for starting the thread and sharing his thought process. I also spend an hour or so recording the results on the races I calculated in the morning.

On that, one thing I noticed was that if the exit point requires a "Keep SP" option, there are times it gets rejected by Betfair. On horse racing the markets are bigger, so unless your chucking £10,000 as the BSP, all should be okay. The greyhound market can act a little differently.

Also, the timing of the exit shouldn't be left to 0.01 secs before the off. These races can go off seconds earlier than that.

Scaling up, depending on what stakes you started with, for me, looks achievable. As I write, +23.05 from 11 trades, 2 races still to go, last one 6.09 tonight. I envisage that I could eventually put a 0 on the end of that figure. £200 a day is not too shabby. (3 hours work)

As I analyse other aspects of the spreadsheets, there may be more races I can use as well. For now I don't touch the evening racing due to time constraints.

[spreadbetting]

Its not longer heavy for callating the data and deciding which are BTL / LTB trades. A forum member went the extra mile and has automated all the donkey work. He deserves a big thankyou from me.

Automated in excel or some other language? Thanks

[Archery1969]

Its not longer heavy for callating the data and deciding which are BTL / LTB trades. A forum member went the extra mile and has automated all the donkey work. He deserves a big thankyou from me.

Autoated in excel or some other language? Thanks

Excel.