How many here bet in running?

[doris_day]

If you go to the link below, that'll show you which are RUK/TurfTV. The rest are ATR. Hope that helps.

http://www.racinguk.com/page/Racecourse ... 42,00.html

[Spike]

Thanks- will look at it later and let you know what I fnd out (if anything).

[thunderfoot]

Intrigued to hear that most seem to think Betting In-Play is the way to go. The 'Total Ammount Matched' on most of the races I've seen today have increased by c. 20% once In-Play. The other thing I don't like about In-Play is the delay (6 seconds I think!!). May be I'm wrong and that is the way to go i.e. trading, but In-Play changes much to quick for my liking and I'd end up disappearing up my %rs£.

Oh, for a good EXCEL macro to run it all for me

[doris_day]

Depends what you mean by a 6sec delay. There's a 1sec in-play Betfair delay for horse racing and then it depends on where your race info comes from. Being at the track is best of course and after that it depends if you've got RAW feeds, terrestrial TV, TurfTV, SIS, ATR or any other picture provider.

[Spike]

I finally got round to doing my RUK/Turf TV analysis (bit of a grand word for it but there you are). Basicly once I exclude the really big meetings (Ascot, Epson etc) where I do badly- and which are on terrestrial TV, there is very little difference to my winnings as a percentage of stakes per race between the RUK tracks and the Turf TV ones. - I make 32% profit on stakes per race on RUK and 28% on Turf TV. This variation is so small it's basically meaningless- I get a similar discrepancy if I just list the tracks alphabetically and compare the top half and the bottom half, and I get a much bigger discrepancy if I compare days of the week. This comparison covers all of this season's flat races.

Draw what conclusions you will from this- but I'm not going to bother myself about it again.

[doris_day]

Very different to me then spike but thats not really surprising as we probably both do quite different things.
How on earth do you get a 30% (ish) return ? You're either very very clever or you're dealing with a small sample.
Whatever the case, well done.

[Spike]

Actually it's not really 30%- I'm just using a figure that lets me compare like with like as I bet different ammounts on different races. It's 30% of the stake that I use each time I bet, but in fact the triggers often fire several times so I'm turning over much more than that- apologies if this misleads it was just to make a fair comparison of different races. So far this fla season I've bet on just short of 800 races- that's the sample.

[one click king]

That's interesting, as if it was terrestrial tv racing every day, I could probably have three 2 week holidays a year. I make the most, more quickly, using terrestrial. It's a level playing ground and I am better than most


I also agree about something else, there are better prices over the Jumps than Flat. It's all about opinion, but I'd rather take 1.3 with three to jump that 1.14 on a horse inside the final furlong on the Flat. I feel that I am fairly good at spotting whether a horse is jumping well and on a good stride, so without doubt I make the most when the Jumps is in full swing.

[doris_day]

one click king, I think you're pointing out what most of us know - that if more racing was transmitted live or close to live like TurfTV, then it would be a leveller field for everyone to play on and that would mean greater liquidity. That's why its in Betfair's interests to try to do something about it.

For instance, they could give C4 a chunk of money to cover more racing.

[Spike]

None ofus REALLY want a level playing field though do we.....? we want a playing field that looks level- but is actually tipped in our favour. That's why we use software, try to get the best pictures and sign up for dedicated servers...... I think we all have to be careful not to slip into hypocricy here.

[doris_day]

It depends on how you define level playing field. I define it in a Betfair in-running market as one where everyone has the same market information at the same time. Then it depends on your skill and judgement. I don't see how that is being hypocritical. Its only because most pictures we get arent live that people go to the lengths they do in an attempt to balance things out. And its also why ATR races, which have the worst picture time delays, have such poor liquidity.

[one click king]

I'd welcome a level playing field now, because even though I can get in front of some people, something or someone is creaming off the best of it.

I have 100% confidence in my skills, and is why I do best via terrestrial. Of course, if someone put me a second in front of everyone else, Id take it, but I know I am better than a lot of people out there, I'd rather to it man-on-man now.

[xraymitch]

Sorry to return so late to this discussion, but I just wanted to say thanks for all your comments and reasoned contributions. As always the discussions here are so insightful and helpful.

Spike, you speak about last traded price (ltp) but am I missing something as so far I cannot work out a 100% method of discerning if a trade is on the lay side or the back side ?

Cheers,

Ray

[xraymitch]

Hi again,

forgot to say thanks to Doris re thinking out of the box

[Spike]

If a price has been traded then it has been both backed and layed.