the weight of money

[teambulldog]

Hi Betscalper,
How did you get on today with VOLUME % move inplay
Julian

[BetScalper]

Hi Betscalper,
How did you get on today with VOLUME % move inplay
Julian

Hi,

Not great.

It ended up backing a 1.18 shot which got turned over.

More analysis needed.

[teambulldog]

Hi Betscalper,
How did you get on today with VOLUME % move inplay
Julian

Hi,

Not great.

It ended up backing a 1.18 shot which got turned over.

More analysis needed.
ok good luck,
i am still working away to try and sort out Vol % move etc
Be lucky mate
Julian

[ShaunWhite]

Hi Betscalper,
How did you get on today with VOLUME % move inplay
Julian

It ended up backing a 1.18 shot which got turned over.

More analysis needed.

You're going to have to trial it on several hundred races before a pattern emerges which will help you tune your parameters.

[BetScalper]

Hi Betscalper,
How did you get on today with VOLUME % move inplay
Julian

It ended up backing a 1.18 shot which got turned over.

More analysis needed.

You're going to have to trial it on several hundred races before a pattern emerges which will help you tune your parameters.

+ 1

One thing did stand out from that race, the Back Book% > 140%, which meant 2nd and/or 3rd favourites were on the 1st's backside in the final furlong(s).

Thanks Shaun.

[Lucacrebbe]

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!

Where do you take this graph? Is a tool in Bet angel?

[ShaunWhite]

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?

[Lucacrebbe]

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?

[ShaunWhite]

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]

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?

[ShaunWhite]

Could you tell me in pm what is that graph?

I wouldn't even tell my own mother what that chart is.

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]

Could you tell me in pm what is that graph?

I wouldn't even tell my own mother what that chart is.

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?

[ShaunWhite]

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?