BET_IN_PROGRESS II

Hi,

the BET_IN_PROGRESS issue of the Betfair API is still present.
During last week the laying bot missed a few profitable selections.
Even today it missed 5 selections in a single race which is really disappointing:

 
None of these selections won the race which is more annoying.

To give an update about both bots performance: HorstBecker (still in simulation mode) is currently 3 points up and LaylaCheval is 1 point up. Nothing spectacular so far, but March just begun so plenty of chance for more good races.

Cheers, Loocie

Lay Selections

Hello,

Today’s selections:

2010-03-05    14:45    Newb    CHEF JUNIOR

Additional Information:
At the moment it is available to lay @5.5 on Betfair. I will only lay the selection, if there is enough money available to lay below 5.0 during the 10 minute live show before the off.

Update:
There was not really an opportunity to get odds below or equal 5.0. Betfair starting price was 12.50. The selection did not win the race, but it also did not match all our criteria. A money saving day.

NB. All selections are lay selections. Only lay the given selections, if the odds are less or equal 5.0. If the price is greater than 5.0 it is not a bet. I recommend to take the early odds and a maximum liability of 5% of your bank roll on each given selection.

Cheers, Loocie

Lay Selections

Hello,

Today’s selections:

No selection.

NB. All selections are lay selections. Only lay the given selections, if the odds are less or equal 5.0. If the price is greater than 5.0 it is not a bet. I recommend to take the early odds and a maximum liability of 5% of your bank roll on each given selection.

Cheers, Loocie

Lay Selections

Hello,

Today’s selections:

2010-03-03 15:10 Folk  NORMANDY LANDINGS 4th

Update:
Good start into March. I got matched early at 3.55 while Betfair starting price was 4.30.

NB. All selections are lay selections. Only lay the given selections, if the odds are less or equal 5.0. If the price is greater than 5.0 it is not a bet. I recommend to take the early odds and a maximum liability of 5% of your bank roll on each given selection.

Cheers, Loocie

Lay Selections

Hello,

Today’s selections:

No selection.

NB. All selections are lay selections. Only lay the given selections, if the odds are less or equal 5.0. If the price is greater than 5.0 it is not a bet. I recommend to take the early odds and a maximum liability of 5% of your bank roll on each given selection.

Cheers, Loocie

Lay Selections

Hello,

Today’s selections:

No selection.

NB. All selections are lay selections. Only lay the given selections, if the odds are less or equal 5.0. If the price is greater than 5.0 it is not a bet. I recommend to take the early odds and a maximum liability of 5% of your bank roll on each given selection.

Cheers, Loocie

Analysis of February 2010

Hi,

the second month of the new year is already over. Let’s have a look how I did:

Personal Trades

Tennis: -€47.27
 
Total Trades 53
Win Trades 21
Loss Trades 29
Scratched 3
Strike Rate 42.00%
Average Win +10.80
Average Loss: –9.45

The disappointing run in tennis continues. I am really annoyed about my tennis trading.
When I have a look at the numbers I must admit that the absolute value for average win and average loss can not produce a satisfied long term profit. Even a 50% strike rate will not produce a decent enough profit. The absolute value of my average loss should be much lower than the absolute value of my average win.
It is hard to say, but it seems that my way of trading tennis does not work.
The problem with my way of tennis trading is that I can not trade every match. More often than not I am just watching the matches without getting involved. I am just waiting for situations where I think the price is wrong, but when the price is wrong it does not mean that the player I backed will win because of the wrong price.
I am in my third year of trading tennis, but I am not yet progressing as desired. Skipping the tennis is an opportunity I am thinking about.

Horse Racing: €33.23
Only four selections for the month, but all of them lost, so I have another pleasant month on the laying front. I hope the bad weather is behind us and I hope I will have more selections during the next few months.
Last year at the end of March I started my horse laying selections so very soon we will have their first “birthday”. I will give a few more details about the selections in another post at the end of March.

Winter Sports: €4.75
I laid Lindsey Vonn @ 1.1 with a fiver on the Ladies Super G : Gold Medal Winner market. The track was difficult with lots of runners struggled, Lindsey too.

Total P&L:  -€9.29

February 2010 has been the second negative month in a row. I am not too worried about the amount I lost, but more about the tennis trading. I have not yet decided what I will do with it.

Betting Bots

HorstBecker
It was running the whole month in simulation mode and made a small profit of 7 points.

LaylaCheval
In February it made a total profit of 42 points. We started putting money on the selections at 10th February and made since then a small profit of 7 points.

All in all, nothing to be too euphoric about, but there are signs that the bad run (and weather) might be over.

Cheers, Loocie