Betdaq Cheltenham trading challenge

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Euler
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Betdaq is running a trading challenge over Cheltenham, join in here: -

https://www.betdaq.com/Promotions/TT-Ch ... ingPageTab

TradingChallenge-BetAngel-Tweet.jpg
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Dallas
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No reason not to be giving BD ago this year
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Naffman
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Great initiative!

Definitely won't win but will be a good challenge for all involved.
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SeaHorseRacing
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Are you allowed to enter Peter?
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Euler
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I'll be trading but I don't think it would be fair if I was up for a prize as well!
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SeaHorseRacing
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Euler wrote:
Mon Mar 12, 2018 4:59 pm
I'll be trading but I don't think it would be fair if I was up for a prize as well!
Was just checking to see if I had even the smallest of chances if you wasn't that's all.
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megarain
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I see winner will be measured by :

Highest win percentage multiplied by profit

Would love to know, whats gonna win .

Take Peters last yr 28 from 28, so, is win percentage 100%, multiplied by win (say 3k), giving 3k ?

It dosnt specify you have to bet every race ..

I will be trading Cheltenham this yr (which isnt usual) .. and will happily give this a go, and even update position, after each day - thou, many of my trades will be offset elsewhere.
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Dallas
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megarain wrote:
Mon Mar 12, 2018 5:14 pm

It dosnt specify you have to bet every race ..
All races need to be traded, It's under section 3
Entrants must match at least one real money trade in each of the 28 races at the Cheltenham Festival
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Euler
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Just back and lay a few quid at the start of the sessions if needed.
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megarain
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Ah .. always read the small print.

That shud be ok ..

If u had to set the line, for the winning amount, what would it be ?

Under / Over 7400 ?

Think this is a great example of a mkt, people should think about making .. if not for real, just as an excercise in odds making.

Dunno if Betdq will publish winning amount .. but, can probably find out.
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megarain
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day 1 p/L for the competition .. 85% strike rate.

P/L 852 * 85% = 724
chelt betdaq day 1 pl.jpg
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Dallas
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megarain wrote:
Tue Mar 13, 2018 5:47 pm
day 1 p/L for the competition .. 85% strike rate.

P/L 852 * 85% = 724

chelt betdaq day 1 pl.jpg
Well done Megarain, very nice set of results :)
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megarain
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Day 2 results :

Won 6/7, so 12/14 or (still) 85%

P/L +200, added to 852 = 1052 * 85% = 894

Am thinking about some competition strategy. Just play 2 quids, the rest of the races, and have a lumpy lay (arbed elewhere).

Would be good to see a leaderboard, or know how many entered etc.
chelt day 2 betdaq pl.jpg
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SeaHorseRacing
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megarain wrote:
Wed Mar 14, 2018 5:45 pm
Day 2 results :

Won 6/7, so 12/14 or (still) 85%

P/L +200, added to 852 = 1052 * 85% = 894

Am thinking about some competition strategy. Just play 2 quids, the rest of the races, and have a lumpy lay (arbed elewhere).

Would be good to see a leaderboard, or know how many entered etc.

chelt day 2 betdaq pl.jpg
Perfect examples there of why it's so important to not allow losses to affect you. Each day £300 loss, it could have easily been two on the bounce. Great results! Cracker on the first day Megarain!!
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megarain
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day 3 results. Another 6/7 day .. so 18/21 or still 85%

P/L 2300 added to 1052 = 3352 * 85% = 2849

I have no idea if that number will be competitive to win the trophy .. It might be thereabouts

Tempted to kick for touch, and just have 2 quid books, last day. Will have a think.
chelt betdaq day 3 pl.jpg
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