did someone mention in-running
everyone knows that betting in-running is highly volitile, but recently i have been looking at in-running more carefully, and it astonishes me how low the odd's can go on a horse and it actually loses, also in some races several horses can go odd's on. and as we know if you can lay 2 horses at odd's on then you are guaranteed profit.
this got me thinking if it would be profitable to lay every horse in every race at odd's on. note: void all races where a horse start's odd's on
i picked up somewhere that it is profitable to lay all 1.01 as the true price was 1.0125 but is this the optimum price to lay at? i wouldn't be sure, and the long losing runs an tiny ROI dosn't appeal that much.
i would like to take a look at betfair's API (i think there is a list of results somewhere) and see what the outcome would be to lay every horse @ 1.8 for example. in fact every price between 1.01 and 1,98. and see if the idea of laying in running was profitable.
if it is then onto :
step 2: - getting the bet's on.
i don't fancy waiting for a race to go in-running then laying 1.6 X 10 horses. so back to API (betfair's bot program) could i get it to auto bet for me? can anyone of the programmers (advertised by BF) come up with a solution? i think this would be possible as everytime a race goes in-running 1.01 / 1.03 etc... pops-up for every horse.
.............................................................
warning:
this is just an idea, i have no evidence / records to back-up my hypothesis, i am just curious.
any comment's / ideas welcome.