Greyhound Mystique

[ShaunWhite]

No dog racing tomorrow ?

Thankfully for now there's plenty in Aus, hopefully some of the UK money might flow that way. Ditto horse racing.
Nobody's going anywhere so you might as well set your alarm later and make the most of it, now the days are getting longer you don't feel as though you're missing the daylight as much as you do in the winter months.

[wearthefoxhat]

No dog racing tomorrow ?

Thankfully for now there's plenty in Aus, hopefully some of the UK money might flow that way. Ditto horse racing.
Nobody's going anywhere so you might as well set your alarm later and make the most of it, now the days are getting longer you don't feel as though you're missing the daylight as much as you do in the winter months.

Volume traded on the dogs ok-ish. (6% commission)

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[Archery1969]

Question.

- I have a lay bet at 3.80, back price is at 3.85

Can i fire in a back bet at 3.80 assuming BF will match it at best price being 3.85, if not then the back/lay at 3.80 will get matched.

Is that classed as self-matching or scratch or ?

Thanks.

[ShaunWhite]

Question.

- I have a lay bet at 3.80, back price is at 3.85

Can i fire in a back bet at 3.80 assuming BF will match it at best price being 3.85, if not then the back/lay at 3.80 will get matched.

Is that classed as self-matching or scratch or ?

Thanks.

You always get matched at best price unless you switch it off at account level.

[Archery1969]

Question.

- I have a lay bet at 3.80, back price is at 3.85

Can i fire in a back bet at 3.80 assuming BF will match it at best price being 3.85, if not then the back/lay at 3.80 will get matched.

Is that classed as self-matching or scratch or ?

Thanks.

You always get matched at best price unless you switch it off at account level.

Hi Shaun,

ok, but in the example i gave would BF say i am possibly self-matching ?

Thanks,

[sa7med]

Question.

- I have a lay bet at 3.80, back price is at 3.85

Can i fire in a back bet at 3.80 assuming BF will match it at best price being 3.85, if not then the back/lay at 3.80 will get matched.

Is that classed as self-matching or scratch or ?

Thanks.

You always get matched at best price unless you switch it off at account level.

Hi Shaun,

ok, but in the example i gave would BF say i am possibly self-matching ?

Thanks,

I dont think you can self-match from the same account can you? I believe it just removes the amount you take without affecting volume matched. I believe self matching would be if you're taking money from one account on another. If you scratch a trade you're taking someone else's money at the price you bought it for. Though i'm not 100% sure, this is just what I've always thought.

[Archery1969]

Something to look into when/if the Greyhounds come back.....

[Archery1969]

While in lockdown been thinking about finding value for BTL, LTB, Gambling and Market Making.

Taken me awhile but i think i have come up with a nifty little system.

Trading
- If the betfair back odds are >= System Back Odds then open a BTL trade and close at 30 seconds to post.
- If the betfair lay odds are <= System Lay Odds then open a LTB trade and close at 30 seconds to post.

Straight gambling
- If the betfair back odds are >= System Back Odds then open a Back trade and hope for a profit.
- If the betfair lay odds are <= System Lay Odds then open a Lay trade and hope for a profit.

Market making
- Offer the back/lay odds before market has fully formed and the book percentages are wide. Sorry SB.

Obtaining the master rating was just taking the timeform rating and combining with time rating from original post. Not sure it will be that accurate on the outsiders but should be fine for the top 2/3 in the betting.

Hopefully the dogs come back asap and i can test it out.

Have fun,

[ShaunWhite]

Market making
- Offer the back/lay odds before market has fully formed and the book percentages are wide. Sorry SB.

You might want to adjust your offers either side to try and get approx 50/50 matched. Market making is all about turnover and if you're consistanlty getting one side taken more than the other you'll end up with an imbalanced inventory and exposed to moves. It's also a bit heavy on your trans/hour count because you're continually canceling and replacing your offers so you might want to keep an eye on that.

[Archery1969]

Market making
- Offer the back/lay odds before market has fully formed and the book percentages are wide. Sorry SB.

You might want to adjust your offers either side to try and get approx 50/50 matched. Market making is all about turnover and if you're consistanlty getting one side taken more than the other you'll end up with an imbalanced inventory and exposed to moves. It's also a bit heavy on your trans/hour count because you're continually canceling and replacing your offers so you might want to keep an eye on that.

Thanks Shaun.

[MemphisFlash]

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[Zedzed1]

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What is your stake per bet?

[Shaung89]

You always get matched at best price unless you switch it off at account level.

Hi Shaun,

ok, but in the example i gave would BF say i am possibly self-matching ?

Thanks,

I dont think you can self-match from the same account can you? I believe it just removes the amount you take without affecting volume matched. I believe self matching would be if you're taking money from one account on another. If you scratch a trade you're taking someone else's money at the price you bought it for. Though i'm not 100% sure, this is just what I've always thought.

This is entirely possible. This is how i get my qualifying bets on for HR. Find a gap and quickly fire in a £2 back and £2 lay. Im only taking my own money (of that im fairly confident), but this ensures ive qualified for BF Live feed.

Get all my 'scratches' done early morning for the day, takes 2 mins.

[Kai]

Hi Shaun,

ok, but in the example i gave would BF say i am possibly self-matching ?

Thanks,

I dont think you can self-match from the same account can you? I believe it just removes the amount you take without affecting volume matched. I believe self matching would be if you're taking money from one account on another. If you scratch a trade you're taking someone else's money at the price you bought it for. Though i'm not 100% sure, this is just what I've always thought.

This is entirely possible. This is how i get my qualifying bets on for HR. Find a gap and quickly fire in a £2 back and £2 lay. Im only taking my own money (of that im fairly confident), but this ensures ive qualified for BF Live feed.

Get all my 'scratches' done early morning for the day, takes 2 mins.

You can selfmatch if you want to.

Similar to ShaunG, on UK horses I usually get the "feed bets" done on all races just before the trading session, it goes very fast but I actively avoid self matching and only sometimes do it for some of the final races that don't yet have any activity on them, otherwise have to wait a few mins. You can just find a tick on the fav that is about to go and jump both sides instantly, can serve as decent warm up too.

[wearthefoxhat]

All looking good....

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