betfair sp

[mick56]

i have only just started using this to place some of my horse racing bets
do any members have good working knowledge of this and any advise to offer ie any idea how large a wager you can place without taking your own market cheers

[wb]

When you say 'taking your own market' do you mean shifting the odds?

In general, it would take serious sums of money to move Betfair SP on most UK races. In Irish racing, it would probably be a bit easier as there is less liquidity.

For the most part, the Betfair SP will not be too far off the Betfair price available near the off.

[mick56]

When you say 'taking your own market' do you mean shifting the odds?

In general, it would take serious sums of money to move Betfair SP on most UK races. In Irish racing, it would probably be a bit easier as there is less liquidity.

For the most part, the Betfair SP will not be too far off the Betfair price available near the off.

yes i did mean shifting the odds could you advise what you mean by serious sums of money (my bets are all in handicaps ) thanks

[mathare]

yes i did mean shifting the odds could you advise what you mean by serious sums of money (my bets are all in handicaps ) thanks

Several thousands most likely, if not more. I don't think you have much to worry about

[mick56]

Several thousands most likely, if not more. I don't think you have much to worry about

thanks thats what i wanted to no

[Street cry]

You can get all past betfair sp's for 08/09 maybe further

[mick56]

yes thanks got that on the timeform site

[Street cry]

it's quite good when system building, put all your rules through some software then excel them and replace sp with the results from bsp

[wb]

it's quite good when system building, put all your rules through some software then excel them and replace sp with the results from bsp

How do you do that sc? Do you manually check each price and enter it into the spreadsheet?

[Street cry]

Yes because i am sad ha ha ha ha ha ha ha you can extract it in to a csv but its so convoluted i just type em in

[mick56]

it's quite good when system building, put all your rules through some software then excel them and replace sp with the results from bsp

when you have done this has it shown significant increase in profits and have you or any members been able to check bets they have placed at emps against betfair sp and which came out best over a period ?

[wb]

Betfair prices are almost always better in my experience, most notably on the longer priced horses. Odds on horses are not always as good when you consider commission, but if you compare to traditional SP (click on results tab) you will see that most horses in every race are higher: http://form.horseracing.betfair.com/timeform

It's hard enough to get an edge in this game so any little big extra on prices makes a lot of difference in the long term!