Greybot Scalping

We've gone to the dogs.
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Ritchie
Posts: 6
Joined: Sun Jan 03, 2021 4:04 pm

Hi
I am a complete newbie trialling Bet Angel.
I am using a basic scalping bot (suggested by Peter Webb on a video) which works well some of the time.
It places a lay bet 1 tick below best market price an then performs offset bet with greening (1 tick). this happens as many times as possible before start timer.
However, on quite a few occasions the last back bet does not get matched (or gets matched at a lower price than the last lay bet - thus causing a loss}.
There must be a simple reason for this (Imaybe a stop loss but I do not know how to fix it)
Any help would be appreciated
Thanks
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Realrocknrolla
Posts: 1903
Joined: Fri Jun 05, 2020 7:15 pm

Ritchie wrote:
Sun Jan 10, 2021 4:36 pm
Hi
I am a complete newbie trialling Bet Angel.
I am using a basic scalping bot (suggested by Peter Webb on a video) which works well some of the time.
It places a lay bet 1 tick below best market price an then performs offset bet with greening (1 tick). this happens as many times as possible before start timer.
However, on quite a few occasions the last back bet does not get matched (or gets matched at a lower price than the last lay bet - thus causing a loss}.
There must be a simple reason for this (Imaybe a stop loss but I do not know how to fix it)
Any help would be appreciated
Thanks
It sounds like it is firing when the market is volatile (last 60 seconds) thus going in the opposite direction and causing you a loss.

Maybe change the timings on your bot?
Archery1969
Posts: 3192
Joined: Thu Oct 24, 2019 8:25 am
Location: Newport

I believe its meant for very stable markets.

i.e. Horse Racing = Competitive Handicap or Group races with no odds on favourite.
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Ritchie
Posts: 6
Joined: Sun Jan 03, 2021 4:04 pm

Thanks very much boh of you - I will look at timings and markets again then.
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