Trading Horse racing : Dutching

The sport of kings.
Duke
Posts: 8
Joined: Sun Apr 01, 2018 5:46 pm

Sun Apr 15, 2018 6:30 pm

cmuddle wrote:
Wed Mar 28, 2018 2:31 pm
Hello everyone,

Which races or meetings would be to avoid when dutching the first 4 favourites?

I tried this strategy yesterday and Southwell was deffinitly not good.

Always appreciate your help. :!:

Thank you

Hi cmuddle,

Dutching is fun but can be high risk whatever staking plan you might have in place. Although the BA Pro Dutch tool is quality.

I prefer to make a simple trade or two on the first and second favs (sometimes more if the opportunity is there). Swing trade, simple scalp, whatever is achievable pre race, but don't cash out. Take the race in play, sit back and watch - you can't lose. You can cash out at any point if your selections are not doing too well, however if one does win, your profit will be more than the worth of the original trade.

You can even set a predetermined cash out figure further down the ladder and keep before the off to improve profit on original trade and your selection would cash out if ran well wether it won or not.

I find this a lot more relaxing than dutching, however similar to watch, as after a couple of easy trades you have essentially covered the whole field and you have full control over your trades in play.

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ShaunWhite
Posts: 3429
Joined: Sat Sep 03, 2016 3:42 am

Sun Apr 15, 2018 8:38 pm

I'm not sure taking a random horse inplay and trading it is the best use of your profits. They are such totally different disciplines. Are you sure the inplay trading part is profitable?

You also say that you take your profit inplay, but do you do the same with your losses? If the inplay is profitable then logically you would.

However, if you do like the excitement of being financially involved in the running of the race, why not let everything go in play to the finish line? Market efficiency being what it is, that part would be break even and would long term be the same as closing everything at SP. But you'd get the thrill of the run.

I do need to remember though that people on here have different objectives, trying to pay the rent is very different to it for a bit of fun. Sometimes every penny doesn't need to count. ( :o blasphemy)

So Duke on reflection I think you should do what the hell you like, life's too short to be deadly serious all the time. Watching every penny in your leisure time is the guaranteed way to suck all the fun out of it. If you start worrying about the pennies you could have made you'll start to worry about the ones you lost, and that's not the idea if it's meant to be fun.

Have fun :D

Duke
Posts: 8
Joined: Sun Apr 01, 2018 5:46 pm

Mon Apr 16, 2018 4:52 pm

ShaunWhite wrote:
Sun Apr 15, 2018 8:38 pm
I'm not sure taking a random horse inplay and trading it is the best use of your profits. They are such totally different disciplines. Are you sure the inplay trading part is profitable?

You also say that you take your profit inplay, but do you do the same with your losses? If the inplay is profitable then logically you would.

However, if you do like the excitement of being financially involved in the running of the race, why not let everything go in play to the finish line? Market efficiency being what it is, that part would be break even and would long term be the same as closing everything at SP. But you'd get the thrill of the run.

I do need to remember though that people on here have different objectives, trying to pay the rent is very different to it for a bit of fun. Sometimes every penny doesn't need to count. ( :o blasphemy)

So Duke on reflection I think you should do what the hell you like, life's too short to be deadly serious all the time. Watching every penny in your leisure time is the guaranteed way to suck all the fun out of it. If you start worrying about the pennies you could have made you'll start to worry about the ones you lost, and that's not the idea if it's meant to be fun.

Have fun :D
Hi shaun white

With respect, I think you have totally misunderstood my post. No suggestion was made to take liabilities in play.
Although it is difficult to explain trading methods using text alone. However taking successful trades in play, with fore thought and skill can be very lucrative and vastly increase profits compared to cashing out before the off.
Yes a different discipline to dutching, however, assuming one can make a successful trade before the race goes in play there is zero risk as there obviously is with dutching hence being much more enjoyable to watch via live stream or the markets via the in play trader, if one wishes to do so.
Last edited by Duke on Mon Apr 16, 2018 8:32 pm, edited 2 times in total.

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ShaunWhite
Posts: 3429
Joined: Sat Sep 03, 2016 3:42 am

Mon Apr 16, 2018 5:28 pm

Duke wrote:
Mon Apr 16, 2018 4:52 pm
No suggestion was made to take liabilities in play.
However taking successful trades in play, with fore thought and skill can be very lucrative and vastly increase profits compared to cashing out before the off.
Surely the inplay part is either profitable or not, regardless of the profitability of the trading you did before the race?
They are two completely unrelated markets. One market has finished (a PP market) and you're trading the next (an IP market), it just so happens they occur back to back.

The P&L at the time the second one starts just happens to still be visible on your screen, rather than being banked in your P&L account.

I couldn't really understand why you'd suggest taking a profit forward to increasing it, but not taking a loss forward to reducing it. Neither of which I'd do personally because I don't have the skills to be profitable inplay. If you are profitable in play, why are you only trading random IP markets selected on the basis of a coin toss, ie the outcome of the unrelated PP market.

Taking a profit through to inplay is exactly the same as hedging up and then re-investing your profit as stake (granted you avoid the tiny spread)

Duke
Posts: 8
Joined: Sun Apr 01, 2018 5:46 pm

Mon Apr 16, 2018 7:17 pm

ShaunWhite wrote:
Mon Apr 16, 2018 5:28 pm
Duke wrote:
Mon Apr 16, 2018 4:52 pm
No suggestion was made to take liabilities in play.
However taking successful trades in play, with fore thought and skill can be very lucrative and vastly increase profits compared to cashing out before the off.
Surely the inplay part is either profitable or not, regardless of the profitability of the trading you did before the race?
They are two completely unrelated markets. One market has finished (a PP market) and you're trading the next (an IP market), it just so happens they occur back to back.

The P&L at the time the second one starts just happens to still be visible on your screen, rather than being banked in your P&L account.

I couldn't really understand why you'd suggest taking a profit forward to increasing it, but not taking a loss forward to reducing it. Neither of which I'd do personally because I don't have the skills to be profitable inplay. If you are profitable in play, why are you only trading random IP markets selected on the basis of a coin toss, ie the outcome of the unrelated PP market.

Taking a profit through to inplay is exactly the same as hedging up and then re-investing your profit as stake (granted you avoid the tiny spread)
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