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Feeder
10 Jul 22 21:42
Joined:
Date Joined: 02 Mar 09
| Topic/replies: 51 | Blogger: Feeder's blog
Many of those who just started placing their first bets on horses would come up with an idea of betting on the favourite.
First you try to back the fav. Online betting courses will tell you to choose long distanced races with 5+ runners, right? Very soon you understand that’s a bad idea.
You think, so let's lay on it instead... but it’s still the same result:
No matter whether you back or lay on the fav - you lose. That's what the stats are telling us.

Soon you abandon this idea... However, if you only place your bets in selected races, the outcome becomes more interesting:

So how do you find these "lucky" races? You can spend hours/days/months on recording the result of each race and calculating probabilities on paper (but who has the time)?
You can spend those precious hours/days (and £££) on purchasing historical data and back-testing your strategies with such tools as MarketFeeder’s Time Machine - not a bad idea after all. ;)

Or you can instantly get the profit or loss you would get from placing thousands virtual "bets" in historical markets curated by you with a click of your mouse.
We have come up with several popular betting strategies and put them to a test against our huge database of BetFair historical data.
Introducing a unique analytical instrument for online betting - BFStats.
https://bfstats.co.uk/

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Replies: 34
By:
ProSniper
When: 10 Jul 22 22:02
We don't need this PAID shyte. We have Gazey dishing out FREE golden gooses every day on here.
By:
Feeder
When: 11 Jul 22 10:06
This report is free ;)
By:
leif
When: 11 Jul 22 10:38
Broadly speaking you pay £50 per month to access historical data that may aid punters in winning in the future?

You also say that Betfair have sanctioned this venture allowing you access to their data?
By:
Rigsby
When: 11 Jul 22 11:45
As a big stats footy guy, I will take the bait and have a look later.
To all the uninitiated the OP refers to, data is random, and, therefore, because of that fact the losing runs of a data driven system will on it's own hurt you big style, whether you are backing or laying.
By:
Feeder
When: 11 Jul 22 12:07
> Broadly speaking you pay £50 per month to access historical data that may aid punters in winning in the future?
Yes, you have a month to play with the report. If you need it updated with fresh data you have to prolong.

> You also say that Betfair have sanctioned this venture allowing you access to their data?
Yes, we are the only (currently working) fully licensed BetFair Historical Data vendor.
https://apps.betfair.com/data/bfstats/
By:
Hayden
When: 11 Jul 22 12:12
Mark Twain - There are lies, damned lies and statistics.

Statistics don't give you answers they merely provoke more questions.



I'll politely decline thanks  Happy
By:
Gaze733
When: 11 Jul 22 12:43
Every horse database worth its salt has historical betfair prices, this looks like it only has the prices plus some extremely basic filters.
By:
The Management
When: 11 Jul 22 13:01
As spam goes, this a great topic.

I love historic data, statistics and trends as much as the next man, probably more.

The key thing though, is that this kind of data is only as clever/useful as the person interrogating it and applying it.

The bottom line is that if your idea/concept comes first (and your idea concept has a sound rationale or logic), then historic data is a great tool for quickly and efficiently back-testing your thinking to explore paper profit.

If on the other hand, you don't have an idea, a concept or a rationale - and you are just randomly interrogating historic data with random filters until it shows you what you were looking for (a paper profit). You can find 1000's of "Holy Grails" this way (historical paper profit) both for backing and for laying - but in the absence of the foundation of a great idea/concept - they will likely just revert/deviate when applied in real time.

Gaze - I'm an open minded fella and have made more effort than most to engage with you - but all the evidence implies that you fall firmly into the second category.
By:
betting_masta
When: 11 Jul 22 13:35
if your software works you wouldn't be selling it to all and sundry, you'd be applying it for yourself and creaming the market
By:
Gaze733
When: 11 Jul 22 13:43
TM you're a clown. Go ahead and backfit a system with an archie score of 50 or 100. You can't. I can.
By:
Feeder
When: 11 Jul 22 14:49
> if your software works you wouldn't be selling it to all and sundry, you'd be applying it for yourself and creaming the market
If by "works" you mean it calculates p/l correctly, then absolutely yes.
But for last 12 years we don't sell a "Holy Grail" but we are good in tools that helps you in finding it.
The profit you see from the report is correct - you'd got it if place all these markets.
But the report doesn't say you what's happened on the way - loosing strake could not fit your bank.
So it's not a "ready to go" strategy but a clue: "it's possible".

> TM you're a clown. Go ahead and backfit a system with an archie score of 50 or 100. You can't. I can.
That's great. We just do what we can ;)

> Every horse database worth its salt has historical betfair prices, this looks like it only has the prices plus some extremely basic filters.
Yes, but that's just for a start. And yes, we can create a personal report for your idea.

> Statistics don't give you answers they merely provoke more questions.
Yes, we just bring you new ideas to think over.
By:
elise
When: 11 Jul 22 15:23
flatstats

more data, more variables, simple, reputable, uk based, known, proven, better, cheaper, feck off
By:
Tiger Tiger
When: 11 Jul 22 15:25
horseracebase.com

more data, more variables, simple, reputable, uk based, known, proven, better, cheaper, feck off.
By:
The Management
When: 11 Jul 22 15:36
gaze_stats

zero data, predictable, he's simple, disreputable, overseas based, unknown, unproven, expensive, feck off gaze.
By:
elise
When: 11 Jul 22 15:45
the gaze stats thing looks marginally more appealing than bfstats tbf to gaze
By:
Feeder
When: 11 Jul 22 15:48
Yep, there are many of them. All good.
Even BetFair is not the only betting exchange, right?
Is there any one can tell you what you get if you green-up?
What about selection volume?
SP price is enough for betting but not for trading.
By:
top2rated
When: 11 Jul 22 16:06



What a beautiful day! What a beautiful day for knocking on the front door of the Kremlin and asking "Is Putin?"
By:
elise
When: 11 Jul 22 16:17
actually im going to cut you some slack but only because you're ukrainian, gl sergiy
By:
The Management
When: 11 Jul 22 16:19
Glasnost (imo)
By:
elise
When: 11 Jul 22 16:21
i think his mrs is called oxana not glasnost
By:
The Management
When: 11 Jul 22 16:23
Yes, I'm getting mixed up with the Russian girl on BF "live chat" - Bernard (pronounced Burn Hard).Sad
By:
Feeder
When: 11 Jul 22 16:24
OK, let's discuss politics.
Russian language does not belong to Putin.
It even doesn't belong to Russia.
There are millions ones speaking Russian and they don't live there or have a Russian citizenship.
Honestly many of our team members speak Russian.
And know what? They are Ukrainians. It's more complicated than put Ukrainian flag on your avatar.

So please let's talk about betting, right?
By:
ItsMeSwaddle
When: 11 Jul 22 16:26
> WALOFS
By:
elise
When: 11 Jul 22 16:26
i don't think the english sense of humour translates to ukr or russian that well, but his putin joke was courtesy of ken dodd not  the kremlin
By:
ItsMeSwaddle
When: 11 Jul 22 16:27
> It helps you find the holy grail.
So you do not allow yourself to find it, just those paying for the service, very kind of you.
By:
sparrow
When: 11 Jul 22 16:32
Don't get so many of these people on these days to brighten things up a bit.Grin
By:
The Management
When: 11 Jul 22 16:34
Bring back Aussie Jim valuebet and his blood counts - a proper spammer with a fine sense of humour (though mostly unintentional imo).
By:
elise
When: 11 Jul 22 16:34
and he sold beds
By:
The Management
When: 11 Jul 22 16:37
Anyone that can tell you a horse is 93.7163% fit, from his airing cupboard with just a pair of varifocals and a kindle - is not to be taken lightly imo elise.
By:
elise
When: 11 Jul 22 16:43
When I have a real good blood count bet or an unfit no blood lay - a horn will blast from my live audio to let u get on.  bet sergiy doesn't have that feature
By:
The Management
When: 11 Jul 22 16:52
Pure class elise LoveLaugh - there was a rumour that he gave it all up to give Nick Kyrgios anger management lessons.
By:
Gaze733
When: 11 Jul 22 16:55
Kyrgios is still a rager? The last time I saw him play was like 5 years ago and he raged back then.
By:
elise
When: 11 Jul 22 16:59
not seen a post from jim in a while, but i suspect i was just fortunate because he's still active and peddling the usual wares
By:
leif
When: 11 Jul 22 19:52
Value bet is among this lot now

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