Trading Horse racing : Australian racing

The sport of kings.
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Derek27
Posts: 3186
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Sun Aug 12, 2018 5:21 pm

Here's a simple spreadsheet I use to keep track of my potential turnover charge if I exceed 24 races. Although it never happens it's worth knowing what your charge would be and how much you're costing Betfair (1-3% of back stake).
Turnover Charge.xlsx
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Bog
Posts: 35
Joined: Sat Aug 11, 2018 7:19 am

Sun Aug 12, 2018 6:16 pm

Derek27 wrote:
Sun Aug 12, 2018 5:12 pm

The percentage will vary depending on how much profit you make. There's bound to come a time when you break even or make a loss and get a massive turnover charge bill for the pleasure of trading!
Yes Derek, you are right, the percentage will depend if I will continue to have positive results ....so I will keep tracking of back stakes from now on. Thanx for the spreadsheet :)

Derek27
Posts: 3186
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Mon Aug 13, 2018 4:00 am

Just Pakenham Park tonight, outside NSW. At least I've got a live feed for it.

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Bog
Posts: 35
Joined: Sat Aug 11, 2018 7:19 am

Mon Aug 13, 2018 5:10 am

Derek27 wrote:
Mon Aug 13, 2018 4:00 am
Just Pakenham Park tonight, outside NSW. At least I've got a live feed for it.
Do you trade only races with live feed?

Derek27
Posts: 3186
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Mon Aug 13, 2018 7:34 am

I wouldn't trade US races without a live feed because I wouldn't have a clue when it's due off. Australia's no problem because they're always off on time.

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Cards37
Posts: 190
Joined: Sun Oct 01, 2017 7:40 am
Location: Canberra, Australia

Mon Aug 13, 2018 7:46 am

I know this isn't strictly Aussie racing but two of our major bookies are merging tonight ...William Hill and Crownbet. Combining to form BetEasy (hate the name).

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Bog
Posts: 35
Joined: Sat Aug 11, 2018 7:19 am

Fri Aug 17, 2018 5:35 pm

Hi guys! Does anybody knows if NSW trots markets are included for turnover charge?

I just payed 33 $ - turnover charge for last week. I made 130 $ profit on ~60 NSW markets, from which 18$ on trots markets .

Derek27
Posts: 3186
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Fri Aug 17, 2018 6:31 pm

Bog wrote:
Fri Aug 17, 2018 5:35 pm
Hi guys! Does anybody knows if NSW trots markets are included for turnover charge?

I just payed 33 $ - turnover charge for last week. I made 130 $ profit on ~60 NSW markets, from which 18$ on trots markets .
You can find out by looking at the rules on the Betfair site for a market. It always says if it's a turnover charge market and whether cross-matching.

Derek27
Posts: 3186
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Fri Aug 17, 2018 6:33 pm

Didn't sleep last night so I was still thinking it's Thursday up until an hour ago.

Randwick, Caulfield, Ipswich, what more could one ask for? :D

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Euler
Posts: 16192
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Fri Aug 17, 2018 6:36 pm

I'll be interested to see how the Group racing at Caulfield trades.

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