Trading Horse racing : Royal Ascot 2019

The sport of kings.
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eightbo
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Mon Jun 17, 2019 9:30 pm


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Dallas
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Mon Jun 17, 2019 10:22 pm

Hope everyone has a good one

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Derek27
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Mon Jun 17, 2019 10:35 pm

I just hope the exchange doesn't go down, markets not going in-play, winners removed from market, etc.

sionascaig
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Tue Jun 18, 2019 9:29 am

And all change for the Ascot tote apparently...

https://www.telegraph.co.uk/racing/2019 ... nal-stage/

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Euler
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Tue Jun 18, 2019 9:59 am

I'm expecting volumes to be up on the year this year as there is no major football tournament on.

weemac
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Tue Jun 18, 2019 12:18 pm

sionascaig wrote:
Tue Jun 18, 2019 9:29 am
And all change for the Ascot tote apparently...

https://www.telegraph.co.uk/racing/2019 ... nal-stage/
According to the article, the world pool will increase the stability of Tote odds which will assist arbitrage between the Tote and Betfair. But in the next paragraph it states that high rollers and syndicates will be attracted by such stability. Do they imagine that somehow these big players will leave the easiest of money sitting on the table and not reduce/eliminate the arb opportunities?

"So, for the first time in this country, this week may offer real arbitrage opportunities that will further boost the World Pool. What does that mean in English? Simply, that if a horse is 5-1 in the Tote World Pool but only 3-1 in the general betting markets, it is a shot to nothing to back it via the World Pool and lay it with a betting exchange.

The danger of doing that in the past was that the Tote price could collapse just before the race. But with a bigger pool, that instability should cease. In addition, that stability will attract a whole range of players – high rollers and syndicates – who will take betting on the Tote seriously for the first time, and that could reap huge rewards for British racing."

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gazuty
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Tue Jun 18, 2019 1:17 pm

Euler wrote:
Tue Jun 18, 2019 9:59 am
I'm expecting volumes to be up on the year this year as there is no major football tournament on.
On that basis I’ve turned on my most aggressive bot.

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Derek27
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Tue Jun 18, 2019 1:27 pm

weemac wrote:
Tue Jun 18, 2019 12:18 pm
sionascaig wrote:
Tue Jun 18, 2019 9:29 am
And all change for the Ascot tote apparently...

https://www.telegraph.co.uk/racing/2019 ... nal-stage/
According to the article, the world pool will increase the stability of Tote odds which will assist arbitrage between the Tote and Betfair. But in the next paragraph it states that high rollers and syndicates will be attracted by such stability. Do they imagine that somehow these big players will leave the easiest of money sitting on the table and not reduce/eliminate the arb opportunities?

"So, for the first time in this country, this week may offer real arbitrage opportunities that will further boost the World Pool. What does that mean in English? Simply, that if a horse is 5-1 in the Tote World Pool but only 3-1 in the general betting markets, it is a shot to nothing to back it via the World Pool and lay it with a betting exchange.

The danger of doing that in the past was that the Tote price could collapse just before the race. But with a bigger pool, that instability should cease. In addition, that stability will attract a whole range of players – high rollers and syndicates – who will take betting on the Tote seriously for the first time, and that could reap huge rewards for British racing."
The fact that the price will crash in the last minute and there's no way of knowing how much dampens the idea of arbing opportunities.

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Naffman
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Tue Jun 18, 2019 1:59 pm

Liquidity on Betdaq seems to get worse year on year

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Dallas
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Tue Jun 18, 2019 2:31 pm

Here we go, BF screwed the first!
Sat suspended for a good 10 secs before going IP!

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