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Thread: Aussie Racing

  1. #1
    Forum Addict Drifter's Avatar
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    Default Aussie Racing

    Had a go at some of the Aussie races this morning. Using a small bank it is possible to make a few pounds

    First race was a pace race. I think that is the one where the jockey is pulled along

    http://www.youtube.com/watch?v=9zqLjpXu30o

    The second race was just a normal one with the jockey sat on the horse

    http://www.youtube.com/watch?v=nrHQOe2wka0

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    seems like such a big effort for a few quid this trading bizo

    arbing is much easier !

    cheers

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    Sports Correspondent attheraces's Avatar
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    Quote Originally Posted by johnsmith View Post
    seems like such a big effort for a few quid this trading bizo

    arbing is much easier !

    cheers
    How do you get round the fact that most UK/Euro books will limit you sooner rather than later,or are the Aussie books different?
    I have arbed all my big UK/Euro books to a point where i am limited to pence at all of them. [made a few thousand along the way though]


    Regards

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    Nice trading drifter,il have to give the oz markets a go.

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  9. #5
    Forum Addict Drifter's Avatar
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    Quote Originally Posted by johnsmith View Post
    seems like such a big effort for a few quid this trading bizo

    arbing is much easier !

    cheers
    I have never been able to make this much on a consistent basis arbing. Personally I found it much more time consuming looking for arbs. I think the aussie markets are quite good for traders starting off.

    How often do you find good arbs?

    Is it easier to find arbs on the aussie racing? I find the Uk bookmakers react very quickly to any moves on the exchanges which makes arbing very difficult.

  10. #6
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    to answer your direct questions

    aussie books have bigger balls than the UK/euro ones, they actually act like bookmakers , so yes, they are easier to work with (a few offer UK racing as well)

    i did it manually for a while with no problem, and after a short time , you know where to look, how far out from the off, how much you can get on at the various places etc, and then once i'd modelled it manually, i automated it

    i have a similar set up for tennis, soccer and a number of US sports.

    there are ways to delay limiting by the UK books, but not avoid it. for the other sports i work with, i dont even bother with UK books...i cant get enough on

    trading like you guys do here is so foreign to me, when i watch the video's , all i see is colours and numbers flashing and have no real understanding of where and why your moving your cursor around and clicking like you do...i would love to have a few one on one sessions with a pro trader who can show me the ropes cause there's something thats not clicking with me holding me back, hence why i frequent this lovely place

    cheers
    Last edited by johnsmith; 23rd March 2010 at 11:10 AM. Reason: added a bit more detail

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  12. #7
    Sports Correspondent attheraces's Avatar
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    Quote Originally Posted by johnsmith View Post
    ive added a diagram of how i'm set up.....

    to answer your direct questions

    aussie books have bigger balls than the UK/euro ones, they actually act like bookmakers , so yes, they are easier to work with (a few offer UK racing as well)

    i did it manually for a while with no problem, and after a short time , you know where to look, how far out from the off, how much you can get on at the various places etc, and then once i'd modelled it manually, i automated it

    i have a similar set up for tennis, soccer and a number of US sports.

    there are ways to delay limiting by the UK books, but not avoid it. for the other sports i work with, i dont even bother with UK books...i cant get enough on

    trading like you guys do here is so foreign to me, when i watch the video's , all i see is colours and numbers flashing and have no real understanding of where and why your moving your cursor around and clicking like you do...i would love to have a few one on one sessions with a pro trader who can show me the ropes cause there's something thats not clicking with me holding me back, hence why i frequent this lovely place

    theres a fair bit more to it than what i've detailed here, but if i tell you , I'll have to silence you
    Could you explain to me what "gnome" means on your diagram please?

    Regards

  13. #8
    Director of Automated Solutions 1/4 of a millionaire fund's Avatar
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    Quote Originally Posted by attheraces View Post
    Could you explain to me what "gnome" means on your diagram please?

    Regards
    http://www.gnome.org/about/

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    I assume Gnome must have been edited out of the post however it is simple another identity, whether a variation on your own to fool the operator into thinking it is a different individual or an entirely different identity which has been 'borrowed' from someone.

    A way to get around limits if you are an arber or to take advantage of new user offers or if you are such a ferocious punter you 'scare' the bookies.

    I consider trading entirely different to arbing however if you have a knowledge of price movements, betting market mechanics and methods of automating data collection / execution you may have an edge to work with if you try and swing trade. The short-term 'flash trading' it looks like is an entirely different prospect whcih relies more on reactions, short-term supply demand, bluffing and ultimately noise [In my Opinion].

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    i had a diagram of my software flow up but chose to remove it as it was probably showing too much detail, on it i used the word gnome to reflect other accounts , (which are partners btw) hence the question above.

    cheers

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    Default Aussie Racing

    thats interesting i have ten of the aussie goliaths still all under 3 in and they all molted within the last two weeks. i didnt know they matured so small though. are you sure its a Goliath? and you got a pic?

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