(1) BAF for Moving the GREEN entirely to the other RED side on A FAV FLIP
“WRONGSIDED_BACK FAVI with FAV2 PL AMOUNT.BAF”
You were on the original FAV but the price moved against you and the original FAV is now FAV2. Can you remedy this without putting additional monies into the MARKET? Yes! Possibly! - by backing the Profit amount on the FAV2 into the current FAV.
My guess is that many like myself have done this for years but not in a BAF necessarily.
Note also when you are moving the GREEN from a higher priced selection to a lower priced selection you will reduce the GREEN amount to a lesser GREEN AMOUNT
The issue with using this in multiple flipping FAV events is that for every change/move there is a percentage reduction in the original Profits. It does not take long to have the Profits spiral all the way to the bottom to RED/RED after multiple flips.
This will be worse when your starting price/Profit was Low.
So my suggestion is only use after a High price first bet. Possibly Not a bad move in some cases but a word of warning is that with events such as Tennis things change quite often (as Peter stated here recently and previously). My own Tennis testing has proved Peter right as usual. It is not uncommon to see a flipped FAV up to 10-20 times in a few matches in one day and you would definitely spiral to the bottom. How often it occurs depends on the Tourny and how closely matched the players were and their pre-match odds is the best guide for that.
The BAF for doing this automatically is downloaded here
WRONGSIDED_ BACK FAV with FAV2 PL AMOUNT.BAF.
It simply creates an SV from the Profit & Loss amount of FAV2 and BACKS FAV1 with the STORED VALUE STAKE from that PL amount.The effect of this is to ZERO the Green Profit in FAV 2 by backing the same amount in FAV1.
(effectively creates the stake liability on other side FAV2 reducing its GREEN to ZERO)
On the other hand if you were moving the GREEN amount from the FAV to FAV2 then the GREEN VALUE would increase. (not many would do this but not to be ruled out for some type of events and the BAF would also need adjusting for that).
Better to spiral up rather than spiral down.Right??
Extreme Bookamount version to follow in next post. Martingale in a single market event???
