Today's Horse Racing

The sport of kings.
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Derek27
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Euler wrote:
Thu Sep 20, 2018 2:24 pm
Derek27 wrote:
Wed Sep 19, 2018 4:57 pm
Markets very volatile today.
Hyperactive, 16-55 Sandown.jpg
They were struggling to get the tongue tie on this horse and it's price reacted as a result.
Thanks for that information - I wouldn't have thought that would be too detrimental to his chance unless he was behaving unruly.
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PDC
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Derek27 wrote:
Thu Sep 20, 2018 2:28 pm
Euler wrote:
Thu Sep 20, 2018 2:24 pm
Derek27 wrote:
Wed Sep 19, 2018 4:57 pm
Markets very volatile today.
Hyperactive, 16-55 Sandown.jpg
They were struggling to get the tongue tie on this horse and it's price reacted as a result.
Thanks for that information - I wouldn't have thought that would be too detrimental to his chance unless he was behaving unruly.
You are correct Derek, the horse wasn't behaving particularly unruly and that wasn't the cause of the drift.

The market reacted not to the tongue tie being repositioned but from the moment it was announced on course that the horse would be running without one of its fore shoes then there was a second reaction when this was announced by the TV presenters.

It sticks in my mind as it was the reason I opened my lay of the horse as you could hear the announcement in the background and then when it was picked up by the presenters I added to my position.

"Race 7 - 4:55pm
THE ROA/RACING POST OWNERS' JACKPOT FILLIES' HANDICAP STAKES (CLASS 5) (DIV I)

HYPERACTIVE arrived at the start without its left fore shoe. As James Fanshawe had not stated, at declaration, HYPERACTIVE should be withdrawn if it lost a shoe, the filly ran without it."
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Derek27
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When I was a punter I often had a small bet on a massive drifter if I thought it was value and in the absence of any obvious reason for the drift. Every horse has a price, and these drifts usually go through the horse's true price.
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Derek27
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15 minutes to the next race - I'll have a quick fried egg on toast. :D
lukesanges
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A lot of drifts do seem to be overdone lately
Korattt
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a horse called “Hidden Message” won today.. just sayin’
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Derek27
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Just got 3p matched on the 16:10 Ayr. That was followed by another 3p, then 8p, finally 28p, and that was my position scratched. :D
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PDC
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Derek27 wrote:
Thu Sep 20, 2018 4:04 pm
Just got 3p matched on the 16:10 Ayr. That was followed by another 3p, then 8p, finally 28p, and that was my position scratched. :D
I wonder if this is an unintended consequence of increased use of automation in markets, I also think automation is also causing larger and sudden movements in prices.
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Dallas
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PDC wrote:
Thu Sep 20, 2018 4:16 pm
Derek27 wrote:
Thu Sep 20, 2018 4:04 pm
Just got 3p matched on the 16:10 Ayr. That was followed by another 3p, then 8p, finally 28p, and that was my position scratched. :D
I wonder if this is an unintended consequence of increased use of automation in markets, I also think automation is also causing larger and sudden movements in prices.
I believe in the last few years automation is causing 'enhanced' price moves when something occurs to set it off, as bots begin triggering they will fuel the overreaction
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PDC
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Dallas wrote:
Thu Sep 20, 2018 4:29 pm
I believe in the last few years automation is causing 'enhanced' price moves when something occurs to set it off, as bots begin triggering they will fuel the overreaction
+1

I have seen Peter tweet quite a few times about how he has seen moves in big races that should really not be happening (words to that effect).

I think I saw him mention on a recent video that he has a straight betting strategy now that takes advantage of the "enhanced" price moves so they are creating opportunities for some and for others I am sure they are causing issues.

You can often see the market react with leap frogging as I call it that is so fast that I feel it must be automation causing it as it happens so quickly I can't see humans reacting fast enough to be the cause.
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Derek27
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I suppose I should stop complaining and seek to take advantage.
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PDC
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Derek27 wrote:
Thu Sep 20, 2018 4:42 pm
I suppose I should stop complaining and seek to take advantage.
It is good to have a vent every now and then :)

I too find it very annoying when your bet sits there and keeps getting matched but when you look it is just pennies getting taken.
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Euler
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Derek27 wrote:
Thu Sep 20, 2018 4:04 pm
Just got 3p matched on the 16:10 Ayr. That was followed by another 3p, then 8p, finally 28p, and that was my position scratched. :D
I've struggled this week to get decent amounts through the market. Been very frustrating at times.
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Euler
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That said, my notes from the same week last year say exactly the same thing.
iambic_pentameter
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Euler wrote:
Thu Sep 20, 2018 4:55 pm
That said, my notes from the same week last year say exactly the same thing.
A little peek behind the magician's curtain, there.
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