position

[Kingyo]

could you please explain how I could be in position on a drifter e.g a horse is 4/1 drifts to 6/1 pre-race.I want to enter automatically around 5/1? I am new to this and still learning.

Thanks

[doris_day]

By 'position', I assume you mean you want to lay the runner. But if its already drifted from 5.0 to 7.0, how d'you think you'll be able to get on at 6.0, unless it moves back in again ?

I'd suggest thinking about your strategy a little more to sort out exactly what you want to do.

[Kingyo]

Thanks for your reply.My grammar obviously isn't the best. Quite simply I want to catch the drift at 5's, meaning if a horse is trading at 4's which happened today in the first race at sedgefield (caheerloch) and drifts to 8's I want to be in a position to automatically place a bet at 5's. e.g. Denman is 2-1 at the moment, I can't monitor the prices 24/7, but if denman did drift tomorrow to 10-1 I want to be in a position to place a bet at for example 4-1 when all prices up till then have been taken. We know if it did drift to 10-1 we know it's not winning and I've laid it at 4-1.
Thanks for your patience, hope you know where I'm coming from. Cheers

[doris_day]

But again, if Denman went from the current 3.0 to 5.0, you wouldn't know if he then was going to come back in to 2.0 or continue the drift to 11.0. Quite obviously, if I knew he was going to drift right out I would lay him immediately and then trade out.

You need to be able to define exactly what you mean by a 'drift', then it'll be easy to impliment that in an Excel routine. That's the difficult bit - to define a 'drifter' or 'steamer' because I can tell you it ain't as simple as many think.

In my opinion you also need to take the stable into account because there are some stables where the price movement means diddlysquat and others where even a relatively small movement can be quite significant. Then again, there are plenty of highly organised teams out there that deliberately knock a price out in the morning in order to get the price they want to back it heavily at.

The world is never quite as simple as it may first appear.

[Kingyo]

Thanks again for your reply i'll try to make it simplar e.g bowmaker 3.55 at lingfield showing 1.56 at the moment , now i don't want to back it at those odds but would be willing to back it at lets say 1.48 and lay it at lets say 1.7 , so if theres a big drift i'll catch some of it ,and if there' a gamble on it i'd be more than happy with my position , it might touch those trade's and contract back but thats the gamble . so what i'm hoping for is some advice saying that it can be done on excel ect meaning my bets would be triggered at 1.7(lay) and triggered at 1.48 (backed) Thank's again

[Ian]

That's pretty easy to do. You would probably just need a table with the prices you want to bet and lay at for each horse.

[Kingyo]

Thank you, but when you say easy is that with excel andwhat do you mean by table ?

[Ian]

Yes in Excel. A table is another Excel worksheet in which you would list the horses names and the odds you wish to back at or lay at. The worksheet which you log BA to would then use the other worksheet to decide what action, if any to take.

[Kingyo]

THANK -YOU