So each bet is 1/4 of your max....I just go max of any remaining unused liability, and cancel any unmatched amounts when my signal is lost obv. I didn't find any advantage from splitting up the stake into smaller amounts. In fact it was worse because you don't end up with much on if you only bet once or twice on one side.
That's an easy backtest to check that one of course if you've got a max bet size parameter as well as a max liability parameter, just make them same. Whether '4' or any other number is best is knowable so needn't be a guess if that's what it was.
To check, if you had 4 bets one one side, would your lay bet stake now be double the usual amount? Eg if you're at +4 then you have -8 available to get to the -4 max the other way. Would that now permit 8 lay bets, or 4 lay bets before you got to -4?