What stake method is used to calculate a return the same as liability on another lay bet?

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Ryanolifelix
Posts: 129
Joined: Fri Feb 12, 2021 2:06 pm

I want to place a lay bet say with 100 liability.

But I also want to place a back bet on another market that covers the liability of the lay bet.

So what method is used or is there an option to pick where it calculates the stake needed to get a return on another market the same as the liability on the lay bet?

Thank you

Ryan.
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Derek27
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Location: UK

Ryanolifelix wrote:
Mon Aug 08, 2022 5:30 pm
I want to place a lay bet say with 100 liability.

But I also want to place a back bet on another market that covers the liability of the lay bet.

So what method is used or is there an option to pick where it calculates the stake needed to get a return on another market the same as the liability on the lay bet?

Thank you

Ryan.
If you want to cover your liability you need a profit, not return, of 100. so it's 100 / (price - 1).
Ryanolifelix
Posts: 129
Joined: Fri Feb 12, 2021 2:06 pm

I just meant whatever my liability is a certain lay bet. I want to break even using the back bet but need it auto calculating. I'm not looking for a profit I'm looking to break even if I don't win the lay bet
Jukebox
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Joined: Thu Sep 06, 2012 8:07 pm

BA has the following staking method that will perform the calculation for you

'By Liability (Back and Lay)'
Ryanolifelix
Posts: 129
Joined: Fri Feb 12, 2021 2:06 pm

Just to recap.

I place a lay bet at 2.0 with £100 liability

Can betangel look at the lay bet and say ok on this other market I need to stake £10 at the current odds of 11 for £100 to get a return that is equal to the lay bet liability of £100
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Derek27
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Location: UK

Ryanolifelix wrote:
Mon Aug 08, 2022 7:11 pm
Just to recap.

I place a lay bet at 2.0 with £100 liability

Can betangel look at the lay bet and say ok on this other market I need to stake £10 at the current odds of 11 for £100 to get a return that is equal to the lay bet liability of £100
Can you not just enter 100 in the stake box and use back and lay liability stake?

How would BA know which lay bet you want covered, given that it's in a different market and you may have more than one lay bet? You have to inform BA somehow.
Ryanolifelix
Posts: 129
Joined: Fri Feb 12, 2021 2:06 pm

Sorry. I meant the event
Ryanolifelix
Posts: 129
Joined: Fri Feb 12, 2021 2:06 pm

I'm talking about lay the draw. And backing 1-1
I want to automate it, but I will not know the odds on 1-1 back bet to cover the lay bet on the draw.

So that's what I'm trying to figure out.
Ryanolifelix
Posts: 129
Joined: Fri Feb 12, 2021 2:06 pm

I'm thinking it has something to do with store values. I wonder if stored values stores what we have staked
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Dallas
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Ryanolifelix wrote:
Mon Aug 08, 2022 7:22 pm
I'm talking about lay the draw. And backing 1-1
I want to automate it, but I will not know the odds on 1-1 back bet to cover the lay bet on the draw.

So that's what I'm trying to figure out.
Try this, it has the foundations of what you need
viewtopic.php?f=50&t=20688
Ryanolifelix
Posts: 129
Joined: Fri Feb 12, 2021 2:06 pm

I tried copying this but the place back bet on CS won't fire. Anyone know the reason for this?
Any advice would be greatly appreciated.

Thankyoy. Ryan

I will send the pictures in separate messages as the max is 3
Ryanolifelix
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Pictures
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Ryanolifelix
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Pictures 4,5,6
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Ryanolifelix
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Picture 7
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eatyourgreens
Posts: 243
Joined: Sun Feb 18, 2018 12:53 am

Hi,
A very quick glance at your screen captures, I noticed that on your back bet for 1-1, the "applies to" section is blank, with no selection the back bet cant trigger.

Do you have CS market loaded in guardian?
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