the weight of money

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Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

ruthlessimon wrote:
Sat May 19, 2018 3:40 pm
arbitrage16 wrote:
Sat May 19, 2018 11:12 am
Hi - what is IP%?

Also, to the untrained eye this looks like you are revealing an edge that could be automated - am I missing something?
IP is basically price. An x IP% steam, see's a back entry.

It could be automated. However, a time-based strategy (literally "back at x mins"); is almost as profitable as the vol based one - because it's a guaranteed trade every single race. More bumpy equity curve, but more trades. I cannot yet fathom why a time-based strategy should be so profitable. Before I did the experiment, I predicted that the time-based trade should be the least profitable - because it's random! There's no skill to backing at x mins!

Image
Where do you take this graph? Is a tool in Bet angel?
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Lucacrebbe wrote:
Wed Jun 20, 2018 12:14 pm
Where do you take this graph? Is a tool in Bet angel?
It's from Excel, fed with BA basic data, and then many many hours of work thinking of new ideas and testing them out. It's not a 5 minute job. Simon puts in more hours than a junior doctor.

It's a good way to visualise the trading landscape. Is this the Amalfi coast or an afternoon's racing? ;)
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Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

ShaunWhite wrote:
Wed Jun 20, 2018 1:06 pm
Lucacrebbe wrote:
Wed Jun 20, 2018 12:14 pm
Where do you take this graph? Is a tool in Bet angel?
It's from Excel, fed with BA basic data, and then many many hours of work thinking of new ideas and testing them out. It's not a 5 minute job. Simon puts in more hours than a junior doctor.

It's a good way to visualise the trading landscape. Is this the Amalfi coast or an afternoon's racing? ;)

I really can't understand the purpose of that chart and how can it be useful... could you explain? Wihtout using complicated things like IP? (What's IP)?

Basically is it a price per volume history chart?
What is that?
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

My chart is just a pretty picture that I don't want to explain. Just an example of playing with excel to visualise large sets of data.

You'll have to get Simon to tell you what his is. X axis is race number and the Y axis is P&L.

IP isn't complicated. It's implied percentage. Odds/100

Eg if odds = 4.00 : implied percentage chance of winning = 25%.
Flip the calculation to get odds from the chance% Eg 16% chance, odds should be 100/16. (6.25)
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

ShaunWhite wrote:
Wed Jun 20, 2018 6:43 pm
My chart is just a pretty picture that I don't want to explain. Just an example of playing with excel to visualise large sets of data.

You'll have to get Simon to tell you what his is. X axis is race number and the Y axis is P&L.

IP isn't complicated. It's implied percentage. Odds/100

Eg if odds = 4.00 : implied percentage chance of winning = 25%.
Flip the calculation to get odds from the chance% Eg 16% chance, odds should be 100/16. (6.25)
thank you

Could you tell me in pm what is that graph?
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Lucacrebbe wrote:
Wed Jun 20, 2018 7:10 pm
Could you tell me in pm what is that graph?
I wouldn't even tell my own mother what that chart is. :D

It would give away a clue to something I've put a LOT of time and
effort into.

Have you been enjoying the football?
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

ShaunWhite wrote:
Wed Jun 20, 2018 7:17 pm
Lucacrebbe wrote:
Wed Jun 20, 2018 7:10 pm
Could you tell me in pm what is that graph?
I wouldn't even tell my own mother what that chart is. :D

It would give away a clue to something I've put a LOT of time and
effort into.

Have you been enjoying the football?

No.

Could you suggest at least a good broker platform for non english bettors?
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

I don't know any because I've never needed one.

Aren't there any Italian betting forums you can ask on? People in your local betting shop?
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