Trading Greyhound racing

[dannycutts]

Y, it's essentially gap filling. I just went back to stuff I was doing right in the early days and re-applied it to Greyhounds as the markets are very gappy. Two major things have changed since I last looked at Greys seven years ago. First is XM is applied and the second is SP, so that's helped on this occasion I reckon.

Awesome

How has SP helped you now?

[Euler]

Just as a safety feature. Sometimes it's difficult to exit a market properly before the races start.

[deansaccount]

Y, it's essentially gap filling. I just went back to stuff I was doing right in the early days and re-applied it to Greyhounds as the markets are very gappy. Two major things have changed since I last looked at Greys seven years ago. First is XM is applied and the second is SP, so that's helped on this occasion I reckon.

Does it have a preference on having the back of lay filled first?

[dannycutts]

Just as a safety feature. Sometimes it's difficult to exit a market properly before the races start.

Ah fair enough thought it would be that but just wanted to clarify

[Scamp]

Fantastic results PW, is this Greybot done in Guardian or using an excel sheet?

[DaveD]

Hi All,
I'm still a real novice at trading and have only read about various automation threads as yet. I find that in general the people here are very helpful and supportive of each other and that displaying their achievements serves as encouragement to others (IMHO). it's a shame though that not all is as it seems at times.
I have three goals at present; to develop my skills trading manually, to get to grips with successful automation and finally to develop a bot to filter out the cons. from the real. the third I will make available to all but in the meantime I will continue to read the threads, watch the vids and learn as much as i can.
regards
Dave D.
p.s.
Peter i think you previously mentioned that you run 2x grey bot strategies, do you select different classes of race accordingly for each bot or do you have to have 2x BA accounts to run both systems on all applicable races?
many thanks in advance.

[iambic_pentameter]

Whilst I commend you for your intentions of developing a bot and making it available to all, as you will see when you read through the threads, trading is all about having an edge. Thus, if 200 people all do what you are doing, then there will be no edge anymore.

That being said, I think your thought process is sound - if you spend time in the markets manually, you'll then be able to see how it behaves and from there, a platform on which to try some automation.

Best of luck,

Iambic

[DaveD]

Hi Iambic,
thanks for your support, i'm sorry if i have misled you in any way but my third goal of making a bot to find the cons from the real was a silly stab at sarcasm to exclude the 'fake' or not screen shots shown in this and previous threads of P&L etc and following posts. For people like myself, who are still trying to learn and may be a bit more easily fooled, when the topics go off piste from the true intention of the thread it turns into a total waste of time spent from what they intended to do.
Any advice, support and hints (as you said giving away your edge is useless) are most welcomed.
thanks for the reply
kind regards
Dave D.

[Euler]

Fantastic results PW, is this Greybot done in Guardian or using an excel sheet?

Guardian

[Euler]

Does it have a preference on having the back of lay filled first?

No

[deansaccount]

Does it have a preference on having the back of lay filled first?

No

How has the Greyhound bot performed over the last week?

[Gonzothegreat]

I have used the bot provided by Dallas "Find the Gap Guardian Automation Bot for Greyhounds" as a starting point and added a few more rules and conditions to it (with the help of Dallas), it is working nicely.

I have 3 bots now: Trap1/Trap2, Favourite/2nd Favourite and all traps.
What I'm finding is that the results I get are not consistent (regardless of which bot I use), I've made about £3.5 in profit so far but my strike rate isn't that high.
Out of 37 trades, 16 losses ~ 21 win

Screen Shot 2017-09-02 at 17.23.00.png

the £4.98 there was out of the blue, no idea what happened, luck.

I'm interesting in advice on how to improve my strike rate please, ie: be more consistent.
As I am cheap I only play with the dogs, low liquidity, quick race etc... horses are out of my league at the moment

[spreadbetting]

To increase your strike rate you'll need to look at your losing races and why they're occuring, maybe too little/much liquidity, certain class of race etc etc. The problem with increasing the strike rate can be a double edged sword as you may well find you cut out those lucky £4.98 wins and drastically drop your overall profit which at the end of the day is all that really counts. One of the main positives for botting is they won't lose focus at the sight of an inevitable losing streak and go on the chase so sometimes you just have to accept your strike rate won't ever be as high as manually trading.

[Gonzothegreat]

To increase your strike rate you'll need to look at your losing races and why they're occuring, maybe too little/much liquidity, certain class of race etc etc. The problem with increasing the strike rate can be a double edged sword as you may well find you cut out those lucky £4.98 wins and drastically drop your overall profit which at the end of the day is all that really counts. One of the main positives for botting is they won't lose focus at the sight of an inevitable losing streak and go on the chase so sometimes you just have to accept your strike rate won't ever be as high as manually trading.

Thanks for answering.

I will run another live round this coming week and record my P&L correctly, I'll try to understand why certain race are a loss.
I do prefer automation over manual trading, but that's me. I do have noticed that certain tracks have a lot more liquidity than others. Not sure why.
Example, some tracks are around £1k, while some near £60k, go figure.

My aim really is to get £1/£2 a day profit I know, it's not much but that would be a success for me. And a pound there and there adds up...

[Dallas]

The majority of tracks all have a similar amounts traded

GH Vol Track.JPG

But as spreadbetting said the race types do make a difference with OC races attracting the highest volumes, also the time of day has an impact on the avg volume

Avg Vol Hr.JPG

If you've not seen it yet this recent blog post is worth a read on automating greyhounds
https://www.betangel.com/blog_wp/2017/0 ... reyhounds/