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  #31  
Old 16th June 2018, 11:16 AM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by demodocus
There is a problem with using Betfair prices. The SP doesn't usually match the price that the horse was actually bet at ..... it's simply the 'last price matched'. If you look under the LHS tab on Betfair you can see the span of matching.


Betfair SP isn't th last priced matched. Its a completely different figure (although might be close). Betfair has a specific algorithmn to it to match all remaining money when the market goes in play.

But before that the prices on betfair exchange can be quite wild and it can range significantly.
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  #32  
Old 17th June 2018, 05:41 AM
demodocus demodocus is offline
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Quote:
Originally Posted by UselessBettor
Betfair SP isn't th last priced matched. Its a completely different figure (although might be close).
But before that the prices on betfair exchange can be quite wild and it can range significantly.


Quite right UB, my apogolies .... what I was trying to refer to was the price that Betfair includes in its' results data .... not the Betfair SP which is a totally different animal as you point out.

Nasty hit yesterday, Morp. R5 #17 .... yuck!!
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  #33  
Old 17th June 2018, 07:01 AM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by demodocus
Nasty hit yesterday, Morp. R5 #17 .... yuck!!


Hopefully not too bad a hit ?

I got through yesterday with a clean sheet of a profit on every race I bet into which resulted in a good profit. My issue at the moment is greyhounds causing me losses all over the place.
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  #34  
Old 17th June 2018, 07:09 AM
demodocus demodocus is offline
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Quote:
Originally Posted by UselessBettor
Hopefully not too bad a hit ?

I got through yesterday with a clean sheet of a profit on every race I bet into which resulted in a good profit. My issue at the moment is greyhounds causing me losses all over the place.


($2951.21) :-(

Ah well. Still leaves me with a 12 day doubled bank. Don't understand racing dogs, I live with one but he doesn't race .... he'll be 16 on Aug 1 :-)
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  #35  
Old 17th June 2018, 07:30 AM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by demodocus
($2951.21) :-(

Ah well. Still leaves me with a 12 day doubled bank.


Nice work on the doubled bank.

The pain of a loss always occurs if its pushing your boundaries. When you bet big then you are going to eventually lose big. I'm sure you can cope with it but I know from experience that your mood will be affected for a few hours when it happens. Wait till you have those $10,000 or $20,000 losing days. People can tell pretty quickly if I have had a really bad day and tend to leave me alone. The good thing is that overtime as you bet bigger the losses which hurt you before end up no longer hurting and its much bigger losses which hurt
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