You've been given some excellent advice. I'll just add my 2 cents worth. I think the best approach to things like 'back to lay' or 'Dobbing' is to forget about stoplosses or bailouts. It's best to approach it based on your own personal stats and research.dldtaylor wrote: ↑Sat Apr 23, 2022 11:35 amHi Everyone. I'm just getting back to grip with Bet Angel after a 2 year break. I would be grateful for a bit of advice on what I call Bailing Out. Say, for example, you've placed a Dob or Dutch just prior to the start of a race, and within the first few seconds of the race, what is the best way to get out of the trade? Up until now, I've set the Ctrl key on my keyboard to green up, and hit that. But due to the speed of price movement in-play, sometimes greening stakes aren't matched. On these occasions I just keep hitting the Ctrl key until they are. But this doesn't seem a very satisfactory method. Is there a more effective way? TIA
If you have a proven successfull strategy with a better than 50% chance of longterm success then that's all that matters. You're going to get losing trades even on horses that get away on terms. Even the odds of horses that win can fluctuate quite wildly throughout a race. I saw a race a few years back where a horse was left around 40 lengths at the start and then jumped off and still managed to win. That was over jumps but I also saw a sprint where a horse reared up in the stalls lost 10 lengths and still won.
As has been said the best thing is to set your stake a level where it doesn't hurt your bank if a trade loses.