How Long will It Last?
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- Senior Member
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- Joined: Fri May 20, 2011 6:01 am
- Location: London
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- Senior Member
- Posts: 542
- Joined: Sun Mar 09, 2008 11:24 pm
- Location: Paris
Hi Dark Horse,
Had long term digital tricks during the last couple of years and I've unlocked most of the latest coding. I specialise in some of the percentage rigged deal based games and as far as I can see I'm the only person in the UK to get a major result in this. I presume others will eventually follow suit.
My team also concentrate on Swing Trading during Horse Racing festivals and Heritage Handicaps. We regularly move markets and our opinion is taken on board by the major bookmakers.
Kind Regards,
Sir Linesman
Had long term digital tricks during the last couple of years and I've unlocked most of the latest coding. I specialise in some of the percentage rigged deal based games and as far as I can see I'm the only person in the UK to get a major result in this. I presume others will eventually follow suit.
My team also concentrate on Swing Trading during Horse Racing festivals and Heritage Handicaps. We regularly move markets and our opinion is taken on board by the major bookmakers.
Kind Regards,
Sir Linesman
Sounds interesting. I'm curious, why do you only target festivals and handicaps? You can't guarantee a race is suitable for trading just because it has a big name attached to it, and in fact many of the smaller races that take place day in day out present much better trading opportunities. The likes of Peter Webb would never be so restrictive with their approach.redlinesman wrote:Hi Dark Horse,
Had long term digital tricks during the last couple of years and I've unlocked most of the latest coding. I specialise in some of the percentage rigged deal based games and as far as I can see I'm the only person in the UK to get a major result in this. I presume others will eventually follow suit.
My team also concentrate on Swing Trading during Horse Racing festivals and Heritage Handicaps. We regularly move markets and our opinion is taken on board by the major bookmakers.
Kind Regards,
Sir Linesman
Maybe if you started trading a higher number of days you wouldn't need to resort to the low value pub runs? I'd suggest a rethink of the strategy along the above lines. If you do want to take my advice on board I operate on a 5% commission basis, and you can transfer my cut each week to my offshore holdings in the Cayman Islands.
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- Senior Member
- Posts: 542
- Joined: Sun Mar 09, 2008 11:24 pm
- Location: Paris
Hi Kong,
We only deal in races of a certain stature because these are the races which have sufficient volume for the money we want to trade. We might go 4/5k on a 25/1 shot pre-event so we need sufficient liquidity in the exchange market to trade out. We also need the market to be sufficiently strong anyway so we can get the money we want on. Getting a few grand on isn't easy and it needs planning if you are not going to move the market pretty quickly.
We have a variety of methods and it depends on our final opinion on which way we play it. We will often green up but on certain races we take a free bet. An example of a free bet was a few weeks ago on a horse called Bertiewhittle at Ascot. We played large at odds of 25/1 & 20/1 and traded out for a free bet at 12/1,13/1,14/1 on the day of the race. If Bertiewhittle had won we would of got around 50k out of it but the horse just failed to get up with a late run. We did some in running trades and still managed to make some nice profit from the race.
Kind Regards,
Sir Linesman
We only deal in races of a certain stature because these are the races which have sufficient volume for the money we want to trade. We might go 4/5k on a 25/1 shot pre-event so we need sufficient liquidity in the exchange market to trade out. We also need the market to be sufficiently strong anyway so we can get the money we want on. Getting a few grand on isn't easy and it needs planning if you are not going to move the market pretty quickly.
We have a variety of methods and it depends on our final opinion on which way we play it. We will often green up but on certain races we take a free bet. An example of a free bet was a few weeks ago on a horse called Bertiewhittle at Ascot. We played large at odds of 25/1 & 20/1 and traded out for a free bet at 12/1,13/1,14/1 on the day of the race. If Bertiewhittle had won we would of got around 50k out of it but the horse just failed to get up with a late run. We did some in running trades and still managed to make some nice profit from the race.
Kind Regards,
Sir Linesman
Am I right in thinking that top boy fruiting (I use the term loosely) isn't quite what it used to be? Like most pros, you hanker after the next easy money/beating the system routine and you turn to playing the markets and poker? It's not so elitist these days. Most LBOs have rows of terminals where you can bet in play. I've seen a London Paddy Power with 12 of these things. You see when it comes to betting for value EVERYONE is an expert. Green booking etc, with a Smart Phone or hi tech office suite, everyone is an instant millionaire! Cushty!
Some will do well, maybe you're one of them, but let's not disillusion ourselves. The markets are not that easy, if they were, everyone would be super rich, super quick. I wish you well Redlinesman and I enjoy your comic grandeur within your postings, don't forget us little fish when you have your own big pond, which in your postings will probably be The Pacific Ocean.
Some will do well, maybe you're one of them, but let's not disillusion ourselves. The markets are not that easy, if they were, everyone would be super rich, super quick. I wish you well Redlinesman and I enjoy your comic grandeur within your postings, don't forget us little fish when you have your own big pond, which in your postings will probably be The Pacific Ocean.
JG
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- Senior Member
- Posts: 783
- Joined: Tue Dec 20, 2011 10:51 pm
unless you have an edge greater than the house take.. you are essentialy playing a gambling game with a house edge equalling the commission.
trading is lower varience. accepting the incorrect prices thus either giving away value on winners or gaining on losers.
if you could continually extract at a rate greater than commission... where do all the losers come from?
trading is lower varience. accepting the incorrect prices thus either giving away value on winners or gaining on losers.
if you could continually extract at a rate greater than commission... where do all the losers come from?