Tag Archives: standard

SP Before the Off

Grey Horse BotToday we have the first post from new contributor Malcolm Pett.

Malcolm explains how we can know the Betfair SP and bet based on Betfair SP before the off!

Here's Malcolm…

Just about every system you come across on the web would first have been created using past data.

If this is the case then the result will be shown using either SP (Industry Standard starting price) or BSP (Betfair Starting Price) for results.

There is nothing really wrong with this because it is the only way of giving people the chance to check the results they are seeing as being accurate.

But where it does cause an issue and pose a problem is when it is a price sensitive system or a system that relies on being on a particular ranked runner, like the favourite.

BSP and SP are calculated at the off.

You may think by looking at the ranking a few seconds before the off will tell you who was favourite, second favourited etc…

But often this isn't the case. The BSP/SP announced ranking can be different to the just before the off rank.

A short test we did with Betfair some time back clearly showed that the rankings can differ by as much as 1 or 2 runners in every 10.

Maybe this doesn’t sound too bad…

…But when you consider you could be following hundreds or even thousands of bets over the course of a year…this could easily change the results you were expecting or the results being advertised.

The same is true of price. The price before the off is often different to BSP/SP causing even more inaccuracies in your system.

So what can you do to make sure you are on the correct runner or within the correct price range?

You may already know that just as Betfair's market goes in-play the BSP price and ranking is made available through their API.

So we have developed a great feature on the Grey Horse Bot that allows the bot to read the BSP price and Ranking as soon as it happens.

This gives the Grey Horse Bot user the opportunity to choose which ranked runner to bet on or to only place a bet into the market if it is within the price range you require.

When you create your own system it should be part of your testing to determine if you get better prices before the off or in-play. You can test both automatically with the Grey Horse Bot.

Thank you for reading I really do appreciate it.

Malcolm

——

Malcolm is the creator of a number of Betfair automated betting products like the Grey Horse Bot. He also writes articles for Betfair. Apart from automation Malcolm likes creating and testing systems and believes his readers should have all the statistical facts available to make proper informed decisions.

If you have any questions about bots or automation please add a comment and we'll try and answer them.

Greyhounds: What does it all mean

If you've been following along with the greyhound form and especially if you are new to the dogs you're are bound to have seen something in the race comments that you didnt understand.

So today I'm just going to run through all the standard abbreviations.

A – always
Aw – away
Awk – awkward
B – badly
Blk – baulked
Bmp – bumped
Bnc – bunched
Bnd – bend
Brk – break
Btn – beaten
Chl – challenged
Ck – checked
Ckg – checking
Clr – clear
CmAg – cameagain
Crd – crowded
Crmp – cramped
Dis – distance
Disp – disputed
DNF – did not finish
Drpd – dropped
E – early
EvCH – every chance
F – fast
Fcd – forced
Fd – faded
Fin – finished
Fr – From
Hgh – high
HldOn – held on
Imp – impeded
Jkt – jacket
Jp – jump(ed)
Lcd – lacked
Ld – lead/led
Lm – lame
Ln – line
Lse – loose
Mid – middle
Mod – moderately
Msd – missed
Mzl – muzzle
Nr – near
Nv – never
Outp – outpaced
P – pace(d)
Pkd – pecked
Q – quick
Rec – record
ReRn – re-run
Rls rails/railed
Rn – ran/run
RnIn – run-in
RnUp – run-up
S – slow
Shw – showed
Slp – slipped
Sn – soon
Stb – stumbled
Stk – struck
Stt – start
Styd – stayed
Swv – swerved
T – to
Tbl – trouble
Th'out – throughout
Tp – trap
V – very
W – wide
Wll – well
Wn – won

Free National Hunt To Follow List

Today we have a freebie for you that will hopefully make some serious profit this National Hunt season.

It comes from a guy called Ben Aitken that you have probably heard of.

Ben takes an alternative approach to winner finding, the main difference is that he uses the Dosage Index to analyse National Hunt runners.

Here's what Wikipedia say about the Dosage Index…

The Dosage Index is a mathematical figure used by breeders of Thoroughbred race horses, and sometimes by bettors handicapping horse races, to quantify a horse's ability, or inability, to negotiate the various distances at which horse races are run. It is calculated based on an analysis of the horse's pedigree.

The Dosage Index is commonly used to assess horses running on the flat, but Ben is the only person I know that also uses it for National Hunt racing.

The upshot of that alternative approach is that he finds a lot of big priced winners.

But back to the freebies.

Ben is currently giving away a number of FREE racing guides, the most interesting for me is his ‘20 To Follow’ for the season.

Now this isn’t your standard list. Why? Because Ben has deliberately left out any Mullins, Henderson and Nicholls horses! Indeed there are no Hobbs, McCain or King horses on the list either!

That instantly makes the list of interest for me.

What’s more he has also managed to secure some exclusive trainer quotes for a couple of the horses on his list, adding even more value to this excellent FREE guide.

Grab your own copy of the NTF ‘Alternative 20 To Follow’

Today's Selection

A shortage of racing today so we are going odds on at Sedgefield

2.10 Sedgefield Laigle Royal – win bet

Sire System 61% ROI

There are many ways to approach racing and winning from betting and no best way.

But you are likely to be more profitable though if you use an approach that the majority don't use.

One such approach that the man in the street tends not to pay attention to, unless it is called out by somebody in the media is betting on the influence of the sire.

But characteristics and preferences are passed from father to foal and knowing the inbred preferences of a horse can help us find winners.

So today I have the results of some research into one such angle which will hopefully identify some winners for us over the coming weeks.

The sire we are looking at today is Teofilo(IRE).

What I've targeted today is the All Weather runners of the Teofilo progeny.

With any angle the most profit will come from runs made before the horse and it's ability is exposed so we are looking at 2 and 3 year olds in their first 5 runs.

The preferred distance is 7 furlongs or 1 mile.

And we are only betting on standard going which prevails 99% of the time.

So they are the rules and the results for the last 4 years, which is when we first started seeing qualifiers is…

Runs = 82

Wins = 18

Strike Rate = 21.95%

Profit at iSP = + 50.56

Return on Investment = 61.54%

Those figures jump up if we exclude the first year. Looking at just 2012 – 2014 then there is profit in each year with an ROI of 86.93%.

These breakdown to…

2012 ROI = 96%

2013 ROI = 78%

2014 ROI = 66%

Looking at the individual courses there has been no profit at Dundalk or Wolverhampton.

Most of the runs have been at southern tracks (Lingfield, Kempton) so it may be that rather than these runners having no preference for the northern tracks it may just be a case of where the majority of the progeny are based currently.

Do you follow any sire systems or use sire influences in your selection process, if so and you'd like to share them then please add a comment.

Today's Selection

Catterick 4.20 Georgian Firebird – win bet – 4/1 Sky Bet

 

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