Today's Horse Racing

[Korattt]

Lively markets today. I've just laid Abraj Dubai (14:45 Southwell) at 5.9 and backed it at 6.4. Both bets were matched within my 400ms refresh rate.

been meaning to post that Q. Derek.. what IS everybody using when it comes ro refresh rate?, I'm on 20ms

Depends how much coffee I've had to drink!

thought I’d ask Pat as I’m sure JollyGreenGiant mentioned he preferred 750ms on BA training day

[Trader Pat]

When 20ms was first available I couldnt use it, was just too fast then I got used to it and couldnt be without it,I went back to 200ms and it was way too slow!

Now though it doesnt make a whole lot of difference to me. It really depends what mood I'm in on the day. I generally keep it at 20ms but if I feel like i'm overtrading I tend to slow it down back to 200ms.

I dont think it makes any difference to be honest , I think its all down to how you see the information on screen. Some people see it quicker than others so probably adjust the refresh accordingly I suppose.

[Trader Pat]

750ms would be very slow for me though, I think 200ms would be as slow as you could use for trading horses.

[Dallas]

750ms would be very slow for me though, I think 200ms would be as slow as you could use for trading horses.

Using slower refresh speeds can help see through the noise

[spreadbetting]

Using slower refresh speeds can help see through the noise

Exactly , so much noise is created by Betfair's x matcher, that isn't always there by the time you react, so unless you're botting high speeds can be very much a double edged sword for manual traders.

[spreadbetting]

Using slower refresh speeds can help see through the noise

Exactly , so much noise is created by Betfair's x matcher, and it isn't always there by the time you react, so unless you're botting high speeds can be very much a double edged sword for manual traders.

[Derek27]

750ms would be very slow for me though, I think 200ms would be as slow as you could use for trading horses.

Using slower refresh speeds can help see through the noise

If you're trading just a few ticks it may be helpful to see the noise.

[Korattt]

gonna go slower tomorrow, see if that helps, cheers guys

[Derek27]

Chelmsford's looking good if the first race is anything to go on.

Hic Bibi.jpg

[Trader Pat]

750ms would be very slow for me though, I think 200ms would be as slow as you could use for trading horses.

Using slower refresh speeds can help see through the noise

At 750ms I'd say you'd miss a fair few opportunities though

[Naffman]

I'm on 200ms, I tried moving less but it was just too fast for me.

Just try and see what you're most comfortable with.

[Derek27]

Last minute desperation for this favourite (5.2 at the start).

Orbit, 23-27 Penn National.jpg

[Derek27]

The most irritating thing about using fast refresh rates is that there's always some idiot putting in a £2 order and then cancelling it within a second, and then repeating the process. Now that the streaming API is in operation and Betfair no longer charge transaction fees, he's probably operating on 10ms so I keep seeing the £2 flashing on the ladder.

[ShaunWhite]

The most irritating thing about using fast refresh rates is that there's always some idiot putting in a £2 order and then cancelling it within a second, and then repeating the process. Now that the streaming API is in operation and Betfair no longer charge transaction fees, he's probably operating on 10ms so I keep seeing the £2 flashing on the ladder.

I think you're describing BA automation users, all furiously botting and servanting, some of whom aren't idiots.

I'm not sure why you don't think BF charge trx fees, they most certainly do. Trade at more than about 1 every 3.6 seconds and you'll find out.

[spreadbetting]

Betfair's transaction charges only apply to matched bets so you're free to kick as many bets as you wish into the markets. You'd probably get pulled up if you don't generate Comms and placed thousands of unmatched bets but the data charges went a long time ago.