Oscar wrote: ↑Sat Apr 27, 2019 9:45 am
To PeterLe,
I too have adopted and adapted one of Dallas's bots and it is surprisingly (for me), looking encouraging.
I've made a few tweeks and so far have been getting around 70% green, although using very small stakes, so
the profit can't be appreciated.
I decided to look at the dogs when the horses were off sick the other month. I just need the confidence and maybe a few more adjustments before I decide to increase my stakes.
With the profits you have been able to achieve, I doubt we are using the same technique. I would be interested to know what kind of stakes you are using. I'm using £1 at the moment.
Jackie
Hi Jackie,
I wanted to take advantage of SP so i use £11 liability on the lay side (I just wanted to make sure I met the minimum £10 stake)..and i started off with the same target of £11 on the back bets too. My goal is to look at the profits long term, so if I have a losing day, Im not too worried about that. If you look at the graph, you will see that I had a big losing day a few days ago and having looked at the data, I can see no reason for it. Equally Ive had some good days too.
One thing I would suggest you doing is read the blog by Peter (Cant remember the title ,but it refers to whether you have just been lucky or unlucky, a recent post).. to check whether you have just been luck and caught one of the 'good days' or weeks etc..BEFORE increasing stakes
You probably know how to do this, but if it helps others..you would download the SP data CSV files (Google Betfair SP Prices), then check your results against the actual overall results..
Eg Say your system only laid selections between 2-4, how would you have done if you had laid everything within those parameters..and compare how you actually did using your own strategy.
Once you have a a few weeks data (ie a couple of thousand races under your belt), you will start to see a trend of if you were lucky, or you were better.
Ive just started to use the same system on the pre race Horses too..to early to say if it is working yet, but in profit
Both hugely scaleable, which is what is most interesting to me.
Good Luck!
Regards
Peter
PS I once had a GH system that ran for nearly four months and looked like it was going to fly long term, but it didnt, in the end it looked like a letter 'n', so Im not counting my chickens just yet
PS It would be good to see some of the equity curves from the more established GH traders for inspiration
Edit : Here is the Blog Post I mentioned above..
https://www.youtube.com/watch?v=z5fyLqVCqjEYou do not have the required permissions to view the files attached to this post.
