Partial hedge possibility

[sctrader]

Hi all

I have a question regards partial hedge. I'm looking for a way I can partially hedge my stake. For example I layed 100£ at odds 2 and now I wanna hedge 25£ only at odds 2.1 ,later another 25£ at different odds etc. It's there any way to achieve this with BA? I'm trading manually this.

[ShaunWhite]

Change the stake defaults above the ladder and then pick the stake you want.
https://www.betangel.com/user-guide/lad ... takes.html

Screenshot_20230518_112003_Samsung Internet.jpg

[Anbell]

Change the stake defaults above the ladder and then pick the stake you want.
https://www.betangel.com/user-guide/lad ... takes.html
Screenshot_20230518_112003_Samsung Internet.jpg

I love it that you're active in this community Shaun

[Anbell]

Change the stake defaults above the ladder and then pick the stake you want.
https://www.betangel.com/user-guide/lad ... takes.html
Screenshot_20230518_112003_Samsung Internet.jpg

I love it that you're active in this community Shaun

(curmudgeonly one day, more helpful than Dallas the next!)

[ShaunWhite]

(curmudgeonly one day, more helpful than Dallas the next!)

"curmudgeonly" that's a well chosen adjective, but "more helpful than Dallas" is an impossibility.

[sctrader]

Thanks for reply. I'm looking for hedge (greening my position on every single partial closing). I'm loosing quite nice chunk of money not doing that.

[Trader724]

To calculate the hedge stake you multiply the total stake by the average odds and divide by the current odds and to partially hedge a certain percentage you multiply the amount resulting from this calculation by the desired hedge percentage.

For example if you lay £100 at odds 2 and you want to hedge 25% of that £100 at odds 2.1:
£100*2/2.1*0.25 and the stake is £23.8.

Then if you want to hedge another 30% at odds 2.42 calculate:
£100*2/2.42*0.3 so the stake will be £24.79.
And so on.

BA can calculate and display the results of the above calculations at any time but you need to know a bit about automation.

[sctrader]

To calculate the hedge stake you multiply the total stake by the average odds and divide by the current odds and to partially hedge a certain percentage you multiply the amount resulting from this calculation by the desired hedge percentage.

For example if you lay £100 at odds 2 and you want to hedge 25% of that £100 at odds 2.1:
£100*2/2.1*0.25 and the stake is £23.8.

Then if you want to hedge another 30% at odds 2.42 calculate:
£100*2/2.42*0.3 so the stake will be £24.79.
And so on.

BA can calculate and display the results of the above calculations at any time but you need to know a bit about automation.

I'm created excel for quick calculation,but it's make me slow when I trade more matches same time. Everything is inplay.

[ODPaul82]

(curmudgeonly one day, more helpful than Dallas the next!)

"curmudgeonly" that's a well chosen adjective, but "more helpful than Dallas" is an impossibility.

Such an under-used word!

[ShaunWhite]

(curmudgeonly one day, more helpful than Dallas the next!)

"curmudgeonly" that's a well chosen adjective, but "more helpful than Dallas" is an impossibility.

Such an under-used word!

My excuse is that I've had Covid for 3 weeks now and I'm really fed up with it. That's why I'm lurking around on here so much lately instead of getting outside and doing things. That coupled with giving up the fags, again

[ODPaul82]

My excuse is that I've had Covid for 3 weeks now and I'm really fed up with it. That's why I'm lurking around on here so much lately instead of getting outside and doing things. That coupled with giving up the fags, again

I'm just over covid from last week but am yet to properly recover taste properly so the vast majority of what I'm eating and drinking tastes of salt.
Hugely frustrating and has put me off my appetite massively. Went out for lunch with a friend yesterday and even the ciders were tasting of salt. Third time I've caught it now and this one was the one that left me feeling the worst

I feel for you with the quitting smoking, I've tried so many times but fail miserably. I am going to try and vape though I think soon.

[ShaunWhite]

That sounds really rough Paul, i'm great at quitting. Must be my 10th time Vapes really catch my throat, I'd like to use them but I've tried loads of VG ratios and types and it's not been working out. I've been smoking for over 45yrs. I was 13 when I started, 20p for 10 from a vending machine chained up outside the tobacconist at night made it easy or I'd find dog ends on the pavement. It's become a bit of a habit.

Take it easy.

[Anbell]

(curmudgeonly one day, more helpful than Dallas the next!)

"curmudgeonly" that's a well chosen adjective, but "more helpful than Dallas" is an impossibility.

How about "relatively more helpful than Dallas given that you dont even use BetAngel"? (Or is it Guardian that you dont use?)

[ShaunWhite]

How about "relatively more helpful than Dallas given that you dont even use BetAngel"? (Or is it Guardian that you dont use?)

I used BA exclusively for a couple of years, but for the last 3 or 4 I just use it occasionally to watch what my non-Guardian auto is doing. My BA assistance is like ChatGPT, my training data has a cutoff date.

I'd use it more but there's some showstoppers like not having independent strageies for a start. BA even interferes with bets placed by other systems ie non blank custStrategyRef bets and shows them on the ladder and in Guardian so it's hard to integrate into a wider system. Sadly that makes it unusable.

Btw... How do you guys automate and trade manually at the same when your auto bets show on the ladder? Master/sub accounts?

[Anbell]

How about "relatively more helpful than Dallas given that you dont even use BetAngel"? (Or is it Guardian that you dont use?)

I used BA exclusively for a couple of years, but for the last 3 or 4 I just use it occasionally to watch what my non-Guardian auto is doing. My BA assistance is like ChatGPT, my training data has a cutoff date.

I'd use it more but there's some showstoppers like not having independent strageies for a start. BA even interferes with bets placed by other systems ie non blank custStrategyRef bets and shows them on the ladder and in Guardian so it's hard to integrate into a wider system. Sadly that makes it unusable.

Btw... How do you guys automate and trade manually at the same when your auto bets show on the ladder? Master/sub accounts?

custStrategyRef / independent strategies is a disaster for me too. I can only use BA for strats where I only have one strategy per market. I have MSA but that means the tax is calculated per account, which is a nightmare when paying AU tax rates.