Trading Horse racing : Australian racing

The sport of kings.
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NickH
Posts: 75
Joined: Tue May 21, 2019 7:54 am

Tue Jul 07, 2020 8:11 pm

Thank you very much for that one. Exactly what I needed Derek!

iambic_pentameter
Posts: 404
Joined: Wed May 18, 2016 1:24 pm

Tue Jul 07, 2020 8:21 pm

Hi Nick,

Try this as well:

viewtopic.php?p=222709

Iambic

NickH
Posts: 75
Joined: Tue May 21, 2019 7:54 am

Tue Jul 07, 2020 9:32 pm

Thanks, will certainly take that one in to account when moving on to the software as I am currently not using Betangel. Although I understand that might sound stupid, priority for me is now to get the psychology part of trading first right before moving on to this one :)

Anbell
Posts: 504
Joined: Fri Apr 05, 2019 2:31 am

Wed Jul 08, 2020 3:32 am

Scheduled outage
Wednesday 8th July from 0845-0915 BST
which I think is 5.45pm-6.45pm AEST today
https://forum.developer.betfair.com/for ... 5-0915-bst

Aarondewit
Posts: 260
Joined: Sun Apr 26, 2015 12:54 pm

Wed Jul 08, 2020 3:55 am

Weird?

I have not received an email/sms. There's nothing on Betfair's twitter page and races between this time are listed (they usually aren't).

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Derek27
Posts: 7950
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Wed Jul 08, 2020 4:16 am

Anbell wrote:
Wed Jul 08, 2020 3:32 am
Scheduled outage
Wednesday 8th July from 0845-0915 BST
which I think is 5.45pm-6.45pm AEST today
https://forum.developer.betfair.com/for ... 5-0915-bst
It might be a good idea if we start a separate thread for maintenance/outages that are 'scheduled' by Betfair, but more importantly, unannounced and totally unexpected by people who use the exchange. ;)

I'm often the first to report a major outage on the Betfair down thread but feel like the last (or perhaps the 2nd ;) ) to hear about outages - stream information into one place. :)

Anbell
Posts: 504
Joined: Fri Apr 05, 2019 2:31 am

Wed Jul 08, 2020 5:08 am

More:
" additional info for this evening's outage. You can expect:
* two 60 second period where bet placement with fail with ERROR_IN_MATCHER
* a pause on the Market Stream API where the documented status 503 error will be returned"

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Naffman
Posts: 4210
Joined: Sun Aug 11, 2013 5:46 am

Wed Jul 08, 2020 5:27 am

Anbell wrote:
Wed Jul 08, 2020 5:08 am
More:
" additional info for this evening's outage. You can expect:
* two 60 second period where bet placement with fail with ERROR_IN_MATCHER
* a pause on the Market Stream API where the documented status 503 error will be returned"
Nice, very much looking forward to that

firlandsfarm
Posts: 1048
Joined: Sat May 03, 2014 8:20 am

Wed Jul 08, 2020 2:24 pm

Derek27 wrote:
Tue Jul 07, 2020 5:04 pm
firlandsfarm wrote:
Mon Jul 06, 2020 3:35 pm
For traders I can see it hurts but it would just about kill any betting system.
Bettors would be unaffected by turnover charge because they will generate more than 1.25% commission on turnover by generating 1.5% commission on losers and usually more on winners, which excludes them from the charge. The 10% commission though, would kill any small-margin betting system.
Thanks for clarifying Derek, I'm working on a small-margin system just now and assuming an average of 8% commission for the first pass!

Anbell
Posts: 504
Joined: Fri Apr 05, 2019 2:31 am

Thu Jul 09, 2020 4:07 am

Derek27 wrote:
Tue Jul 07, 2020 5:04 pm
The 10% commission though, would kill any small-margin betting system.
firlandsfarm wrote:
Wed Jul 08, 2020 2:24 pm
Thanks for clarifying Derek, I'm working on a small-margin system just now and assuming an average of 8% commission for the first pass!
Of course, we have to remember that the commission is only on winnings/race, so if you have a successful 'small margin' system that wins 1% POT net of 8% commission, it would still be valuable at 10% commission.

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