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 1 
 on: September 17, 2018, 05:04:08 AM 
Started by Elmoputney - Last post by Elmoputney
Hi Guys

not sure if you have listened to the Business of Betting Podcast But I thought i would mention it in case you haven't, it's largely Australian but I find it quite a good podcast to listen to as they usually offer a few good ideas or thoughts on racing and betting and as this is a worldwide forum it may be even more useful to someone  :sign0144:

 2 
 on: September 16, 2018, 06:22:44 PM 
Started by Elmoputney - Last post by Elmoputney
Hi everyone

I've signed up on here as I noticed it through the data form forum and thought there may be some other members that have done the same,  will look forward to speaking to you sometine

All the best

Elmo  :08:

 3 
 on: September 16, 2018, 04:41:41 PM 
Started by Phil - Last post by Phil
Roughly 25% roi for the evening at Betfair SP for that list :)

 4 
 on: September 16, 2018, 04:40:31 PM 
Started by Phil - Last post by Phil
Love those 15ish jobs  :dance:

 5 
 on: September 16, 2018, 10:58:45 AM 
Started by Phil - Last post by Target Practice
Good to see the duplication couldn't even stop Laurens.    :08:   :32:

 6 
 on: September 15, 2018, 10:15:50 PM 
Started by Phil - Last post by Phil
TIMECourseNAME
14BATHROSAMOUR(IRE)           
14.35BATHDR DORO(IRE)           
15.1BATHWILD FLOWER(IRE)       
15.45BATHVJ DAY(USA)             
16.2BATHEASY TIGER(GB)         
17BATHNEW QUEEN(GB)           
17.35BATHGHAYADH(GB)             
18.1BATHHERE'S ALICE(IRE)       
13.4CHLMDAPHINIA(GB)           
14.15CHLMHELVETIAN(GB)           
14.5CHLMAMERICAN ENDEAVOUR(USA)
15.25CHLMCLUBBABLE(GB)           
16CHLMSAINT DIANA(JPN)       
16.35CHLMALGAM(IRE)             
17.1CHLMGLOBAL STYLE(IRE)       
13.3CHESWILD EDRIC(GB)         
14.05CHESNIGHT OF GLORY(GB)     
14.4CHESBLAKENEY POINT(GB)     
15.15CHESDAVE DEXTER(GB)         
15.55CHESRUSSIAN REALM(GB)       
16.3CHESHAYADH(GB)             
17.05CHESAL DESTOOR(GB)         
13.5DONCDAKOTA GOLD(GB)         
14.25DONCD'BAI(IRE)             
15DONCTOO DARN HOT(GB)       
15.35DONCLAH TI DAR(GB)         
16.1DONCTHE TRADER(IRE)         
16.45DONCOSTILIO(GB)             
17.55DONCBYRON FLYER(GB)         
15.2LEOPMIA MENTO(IRE)         
15.5LEOPASTRONOMER(IRE)         
16.25LEOPMASAFF(IRE)             
16.55LEOPROSTROPOVICH(IRE)       
17.25LEOPLAURENS(FR)             
18LEOPMAKING LIGHT(IRE)       
18.35LEOPROARING LION(USA)       
19.1LEOPSILVERKODE(IRE)         
13.55LINGFORTUNE AND GLORY(USA) 
14.3LINGTRONADA(GB)             
15.05LINGSALATEEN(GB)           
15.4LINGAREEN HEART(FR)         
16.15LINGBUNGEE JUMP(IRE)       
16.5LINGRAHMAH(IRE)             
17.3LINGDANCE TO PARIS(GB)     
13.45LISTRANDALLS UR POET(IRE)   
14.2LISTARAMON(GER)             
14.55LISTNEDDYVAUGHAN(IRE)       
15.3LISTRUNYON RATTLER(IRE)     
16.05LISTRUBEN COTTER(IRE)       
16.4LISTTHREE WISE MEN(IRE)     
17.15LISTROBIN DES FORET(IRE)   
17.5LISTVOCARIUM(IRE)           
14.55MUSSIMPLICIT(IRE)           
15.3MUSSEPONA(GB)               
16.05MUSSWHATSTHEMESSAGE(IRE)   
16.4MUSSAFFINA(IRE)             
17.15MUSSMIDNIGHT WILDE(GB)     
17.45MUSSFRANK'S LEGACY(GB)     
18.2MUSSTEMBER(GB)             
18.55MUSSMISS DD(IRE)           

 7 
 on: September 15, 2018, 02:13:35 PM 
Started by Phil - Last post by Phil
Who's coming?
Pop all questions here to be answered by our resident experts.

 8 
 on: September 15, 2018, 11:32:04 AM 
Started by Phil - Last post by Phil
RANDWICK
R 1 # 1  Equal Balance         
R 2 # 1  Santos               
R 3 # 3  Goodfella             
R 4 # 1  Redzel               
R 5 # 2  Pierata               
R 6 # 6  Winx                 
R 7 # 9  Madam Rouge           
R 8 # 5  Avilius               
R 9 # 4  Right Or Wrong       

MORPHETTVILLE
R 1 # 3  Nangawooka           
R 2 # 1  Fighting Harada       
R 3 # 1  Al Haram             
R 4 # 2  Heptagon             
R 5 # 6  Tamasa               
R 6 # 9  Lady Cromac           
R 7 # 4  Tan Tat Trusting     
R 8 # 8  Moon Spinner         

FLEMINGTON
R 1 # 4  Hush Writer           
R 2 # 7  Smart Melody         
R 3 # 2  Dollar For Dollar     
R 4 # 3  Brutal               
R 5 # 4  Rich Charm           
R 6 # 8  Merriest             
R 7 # 6  Comin' Through       
R 8 # 3  Native Soldier       
R 9 #15  Furrion             

DOOMBEN
R 1 # 1  Baccarat Baby         
R 2 # 4  Raqeeq               
R 3 # 3  Junglized             
R 4 # 5  Tversky               
R 5 # 4  Man Of Choice         
R 6 # 9  Goldfinch             
R 7 # 3  Order Again           
R 8 # 2  Courtza King         
R 9 # 7  Foxy Affair         

BELMONT PARK
R 1 # 3  Metro Boy             
R 2 # 4  Stan By Me           
R 3 # 2  Great Again           
R 4 # 1  Man Booker           
R 5 # 6  Khan                 
R 6 # 5  Reveille             
R 7 # 1  Sense Of Power       
R 8 # 2  Mantime   

 9 
 on: October 09, 2013, 03:14:53 PM 
Started by Bundy - Last post by Bundy
That liability under Para 2. should of course read "Now you place a LAY bet @ $9.40 for $90, a liability of 756" not 144. My apologies.

 10 
 on: October 09, 2013, 02:53:28 PM 
Started by Bundy - Last post by Bundy
Following are some methods to use when trading on Betfair.
There are many ways and I have not covered them all here.
The calculations as examples below do not take Betfair Commission into consideration.

1. The "Free Bet"
The theory to gain a free bet is simple enough.

First off you BACK the runner for example @ $10 for $100 That is a nett profit of $900
You now place a LAY bet @ $9.40 for the same amount of $100 That is a liability of $840
Now subtract the liability of 840 from the nett profit of 900 and you have a free bet of $60 going for you. (Subject to the LAY bet being matched of course).

The secret here is not to be greedy and set your LAY bet to low. In fact I mostly just use one tick increments and get matched many times where possible.

You can then decide either beforehand or during the run if you want to hedge the bet or not. Hedging is explained further on.

The free bet also works in reverse ie you can LAY first then BACK if you feel the runner is going to drift rather than shorten.

2. Trading to increase the odds.

A simple but slightly more volatile approach to gain overs on your runners is to first place a BACK bet, again @ $10 for $100 giving a nett profit of 900.

Now you place a LAY bet @ $9.40 for $90, a liability of 756 leaving you with a bet of 144 to 10. That is now odds of around 15.4/1 Massive overs. Do not let these trades go in play if you do not wish to risk losing the $100. It is better to take a small loss pre in that situation by hedging out or taking a scratch trade.

3. "Standard In Play" Trading

A method used by many simply to ensure profit when your selection firms in running. Again $100 @ $10 for a nett profit of $900.

Now you pick a price where you can get some or all of your stake back and be assured of a profit. In this example we are confident of our selection trading well so we choose $7 to return all our outlay which is then a free bet of 300 but we want to ensure a profit when it trades lower so we now lock in a LAY of 100 @ $2.30 (I did say we were confident).

Now here are the scenarios:
Our runner trades to $7 and our 100 stake is returned but trades no lower so we break even.
Our runner trades to $2.30 but no lower we now win 100
Our runner wins the event we now win $170

It is up to you to decide what exit points and what amounts to use. I base them on my confidence in the selection but always leave the option open to bail out in play for a small loss or to break even if you feel the runner is not performing to your expectations.

4. Hedging

This is an example of how to calculate a Hedge bet. There are various software programs that can be used to do this for you with a single click. If you would like to know more about them then send me a PM.

Hedging is simple mathematics.
Again we have a BACK bet of 100 @ 10 for a nett profit of 900 and a theoretical LAY @ $9 for 100 leaving a profit of 100
You now divide that 100 by the lay odds of 9 so it is 100/9 = 11.11 Your hedge LAY is now $111.11 leaving you with a profit of 11.11 across all runners when the bet is matched.

These are just some examples and many would choose different exit points and amounts. It is up to you to decide how you would like to play it.

I regularly exit trades early for a small loss if I feel the price is going against me. Every trade left to work in play becomes a gamble.

Feel free to add your own methods and thoughts.

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