Trying again on South Africa, keep you posted.

Burrah

No worries but I'm more of a Guiness man ;) It's hard not to get matched isn't it :eek:

Another thing to look at are those horses that have the only FAR SP in the market below 2. There aren't that many but backed one of these last night at 10.50 and it bolted home to win.

EDIT: Sorry I wrote NEAR SP instead of FAR SP.

I got it working - how good's this :D

Burning the midnight oil to bring you all some revelations ;)

1st December to 9th December

671 horses traded at $1.50 or less in-running (including 1.01ers)

Only 471 of these gas guslers won, leaving 200 horses trading at $1.50 or less and not winning.

A lot traded below $1.50, way below $1.50, but for this exciting exercise here's the workout.

377 traded at 1.01 and 4 lost giving no profit after commission.

352 traded at 1.05 and 16 lost giving no profit after commission.

414 traded at 1.10 and 33 lost giving 5 units loss without commission added.

327 traded at 1.20 and 35 lost giving 23.40 units loss without commission. added.

362 traded at 1.50 and 106 lost giving 22 units loss without commission.

They do get beaten, but unless you're selective, laying these blighters leads to the poorhouse.

Commission would also kill backing them, you might make 1% if your lucky.

Hope I saved someone some money.

The best scenario is to back early and trade out later as even if they look like winning 30% of them lose.

Imagine eliminating 30% of losers ;)

Incidentally....

596 horses traded at 2.00 in running

299 of them lost

giving 2 units loss before commission.

The market is extremely accurate.

Well done Chrome, I knew you would get it working. What was the actual problem? Pixie, I only just discovered the near and far prices, will experiment with your method tonight.

Dr Ron,

I use a bot to place my bets, as I do a lot of them at once, and "keep bets" was checked, but I also needed to tick inplay down below.
All fixed and thanks for the help.

Just outof curiosity, Chrome when do you sleep?

I sleep usually around 5am to 12 midday. And that's flexible too.

Usually my daily plan works out like this:

Noon: Up and calling on clients out on the road
The days I don't have calls to make, have a go at the races til 5:30 ish
Come home have tea and watch some tele.
Set up for South Africa and UK races, probably takes 2 hours to set up what I have to properly.
Have TV going between races at night
Bed 3,4,or 5 am depending on the racing roster.

Been known to stay up all night for US races when on a good roll, but it's real bad for your health.

New Year's resolution is to get everything done and be in bed before midnight and let the bot get tired instead of me ;)

Ron

I took a small hit with that method last night :( looks to work best if you restrict yourself to those selections where the FAR price is shorter than the NEAR price. So you back the NEAR price and put a keep lay on the FAR price. That's worked everytime with the fav. Backing the sole horse with a FAR price below 2 about 5 min from the jump worked again though.

Chrome

I hear you with the sleep thing. It's when you start to forget things during the day and your skin looks flushed that you need to worry.