My prices are imported 30 seconds untill the off then updated at 20 seconds, first bet is placed 15 seconds untill off then odds rechecked to see if any new selections at 5 seconds untill off, once the advertised start time is reached no more bets are placed so if the race is delayed and prices change i have no control but am happy with this setup.

The thing i will be looking at is how many runners i have selected at different odds ranges.

Wesmip1
Just to clarify
Prices in BLUE columns are Backers Prices (BF-WAP, BF, BF-SP)
Price in Pink column is Layers Price
We * the lowest TAB price by 1.2 (20%)and add to TAB price, if the resulting
figure is greater than the available price (Betfair PINK) it becomes a lay bet.
(TAB $39.00*1.2 = $46.80) (BF PINK Price = $42.00)
Is this correct?

Not much action for me today even though i was working on 5 meetings plus betfair ******** itself and i missed a couple races..

Selections 36
Wins 33
Accidents 3
Profit -$30

Thats the problem with high priced selections just a few winners can upset things, still going well.

Yes thats right. I guess a lot of it depends on when you pick up your prices. over time (1000's of bets) it shouldn't matter much though.

For those of you that are writing programs to make this work, how hard is it to learn how to do the programming? Can anyone offer any advice for someone looking to get started in this, any good books to read? Is it something that anyone could teach themself or is it pretty advanced and need more specialist training?

no programming needed thorns, just betting assistant & an intermediate knowledge of excel

I don't mind helping anyone out with the code for excel and Betting Assistent but i can't supply a sheet as this is not my method so you will need to work for it.

Like any method this one has it's ups and down and no way i could say it is a long term winner. at this time.

---

You will benefit greatly from learning to program in the long run. I suggest dotNet or Java. You can pick up a "teach yourself xxx in 21 days" book from most bookstores or libraries.

Hi gents,

Just throwing a few ideas out there for discussion.

1/ Could you refine wesmip1's lay system to any horse within .10 of the lowest tab div instead of .20? My point being that the Betfair win ledger normally runs at about 103% and the Tab's are at 118%, so:

118-
103-
005 (Betfair commission)

= 110

Just an idea....

2/ Backing method: Have you tried the opposite and only back horses at 20 percent above the highest tab price?



The Schmile

I am going to try a change to the staking and and lay 1 runner to lose and any other selections to return an even result.