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rutpet

Strategy in the making

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Would welcome insights on the following. Strategy is around 1040 to 1140 am go to racing post website and look for races where favourite is priced 1.5 to 3 5 in forecast. Check current price oddschecker if it is higher than forecast price disregard. If favourite is  within the criteria add to list. One minute to race start check price oddschecker if price has dropped by 25 percent compared to racing post forecast it is a lay bet no trading involved  Price must be lower than 2.5 and higher than 1.5 to bet. Over 300 bets to date profit +94 pts using fibonacci staking, drawdown max to date 66 pts.  Two methods of back to lay one is 10 mins before start  place back bet, lay bet  hopefully with profit 3 mins before race starts. 20 percent stop loss. Staking is same for both bets profit comes from winners with locked in amount. Early days for me using this strategy but 18 percent up in 4 days with demo account. 2nd strategy will follow if results look positive.   

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> Join our real-time trading chat on WowApp
> Why WowApp?

Couple of further points. On price 2.00 and below to calculate percentage take off 1 point ie 2.00 - 1.00 = 1.00 25 percent of 1.00 = .25. Also draw down was 33pts not 66pts.

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