Just Another Day at the Office

[megarain]

The people in the middle of the track pay £125 a day.

If they dont, box holders tell racecourse security, and have them tossed off.

(as happened at Stratford, this weekend)

[Naffman]

Beverley racecourse (and a lot of others) are public land tho, I can walk my dog on it so how can they stop someone on their phone?

[iambic_pentameter]

Cheers for the replies Megarain / Naffman.

There was a good interview with a home based in running punter on YouTube a while back:

https://www.youtube.com/watch?v=LrAk7ydPcmo

Interesting to note his comments about race reading and the amount of work he puts in to be up to speed with the horses etc.

Perhaps Star Sports will interview the OP next.

Iambic

[iambic_pentameter]

I would have thought if you are paying £125 per day, you would be better off going for £200 and getting somewhere to sit etc.

[megarain]

I tend to disagree.

Sure, for £200 u have a chair and land based fibre internet. But, the £125 gives u a unique view.

Maybe thats (sometimes) worth it.

//

Racecourses need income. For years, box holders paid. I would think nothing of paying £700 for a box, back in the day, when I was winning £10k a day (which happened .. a lot) Now, the mkt has adjusted. Racecourses also need to.

[iambic_pentameter]

Happy to be corrected, Megarain - you have more experience than me

Where do you think it will go from here? Racecourses charge less and get more people in or perhaps technology catching up and creating a more level playing field i.e using GPS etc to show horses' positions (I think Total Performance Data are doing something like this)

Interesting times ahead.

[megarain]

I think the future for in-running horse traders is v bleak.

AI / Drones / GPS / Betfair (who have not done enough to encourage exchange in-running) etc, will all present roadblocks. There will be the odd coup against the machines, but, in the end, machines will win.

But, maybe, it depends on your P/L horizon.

[Derek27]

Firstly, I don't drink and trade! Everbody who knows me will tell you I am the quietest, simple chap you will ever meet. But when it comes to Betfair it's a matter of winning! The only reason I have posted the last two threads is to motivate all newcomers to Betfair, nothing more, nothing less. If you are pissed off with winners then I think you should shut up shop and go elsewhere!

With all due respect Ian, I don't think newcomers need motivation to back the horse in the lead with half a furlong to go. It's one of the first things they'll think of and when they see the horse trading at 1.02 it will be one of the first things they'll dismiss.

[JTEDL]

@oliver123

Are you 'sniping' from watching what's happening on the race (with delay of course) or the odds for when they hit a certain number?

[spreadbetting]

@oliver123

Are you 'sniping' from watching what's happening on the race (with delay of course) or the odds for when they hit a certain number?

He's sniping viewtopic.php?f=17&t=16585

Poor old Oliver does get a rough deal, I'd imagine any other winner posting their pnl shots and offering to help newbies would get an easier ride especially as he freely offered to show people how he does it in his earlier posts.

[Derek27]

I'd imagine any other winner posting their pnl shots and offering to help newbies would get an easier ride especially as he freely offered to show people how he does it in his earlier posts.

That's the problem - we know how he does it. Do you think it's a good idea encouraging newbies to to be backing horses under 1.1?

[PeterLe]

Here we go guys . . .

Its not on your screen shot; But Id be very interested in seeing how you got on with the 14:45 at the Curragh?
Not a trick question, I'm just keen to see if/how you traded this one
Thanks
regards
Peter

Fascinating one - you can see the video of the finish from different angles at http://www.attheraces.com/results/yesterday

Thanks, I hadn't see the race prior to posting (nor did I know there was a 1.01 loser). I could just tell from my P&L what type of race it was.
I was sitting near my PC and got a screen shot of the result and it touched circa 300.
Ive nothing against Oliver, hope he makes lots of cash. Maybe with experience it is possible to do this, but for any newbies, this may serve to show how its possible to lose £1000 to win £3. Watch the video link above and then you will be aware of the dangers (would you lay this at 300?). Fore warned is forearmed..
Regards
Peter

[Naffman]

To be fair what harm is he actually doing? If people are silly enough to dive into sub 1.1s without any research then they deserve what they get

No one gives out any meaningful information out for free on here or at a cost somewhere else

[spreadbetting]

To be fair what harm is he actually doing? If people are silly enough to dive into sub 1.1s without any research then they deserve what they get

No one gives out any meaningful information out for free on here or at a cost somewhere else

Exactly, no one gives out anything that would compromise their own 'edge' so not sure why Oliver should be any different. He may be cherry picking his pnl shots but that's nothing new and he's just showing people there's more than one way to win on Betfair. No one would expect people to pile hundreds on their first trades or all drop bundles on all the dob threads without abit of due diligence so why expect they'll all go sniping with thousands either. Olivers obviously making it pay so maybe they should be wondering if it's worth looking into to add to their own 'edges' rather than dismissing him as another Walter Mitty.

[Derek27]

In fairness to the posters who have been hostile to the OP, I think the title of this thread, the opening words of the first post and lack of explanation of the purpose of the post would have given the impression that it's nothing more than bragging.