This month we will be looking at a completely automated horse racing system. I have been running this system now since 1st Nov 2009. I have now convinced myself that it can no longer be a coincidence that EVERY month has shown a profit using this system.
The idea of the system is very straight forward. Basically, the system just monitors the trading activity in the ten minutes prior to the start of the race.
The idea is to find the VALUE.
Everyone is aware that the trading activity in the ten minutes prior to the start of a horse race is very volatile. When the price starts moving in one direction there is always a snowball effect generated, IE the price just continues trading in that direction and once the dust has settled, the price has greatly over reacted. This phenomena is very much visible in all the in-play sports that are traded on BetFair. Whenever a goal is scored in football, a vital wicket is taken at cricket, a great shot is played in golf, the same thing happens in that there is a tremendous over reaction.
The big question is how can we make the most of this kind of over reaction in the sport of horse racing?
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