Create a No Lose Trade on Fav and Profit on the Field Guardian Automation Bot

[colon100]

Hi Guys,
This might be a dumb question, but how do I include screenshots in a Post

[Dallas]

Hi Guys,
This might be a dumb question, but how do I include screenshots in a Post

Below the area you type your replies to posts there's an 'Attachments' tab, just click that then the 'Add Files' button

[colon100]

Yep got it.

Thanks for that.

[colon100]

Hi Guys,

I've been using this .baf in Real Mode with a very small $5 Stake for a few days now with mixed results.

If the BACK Bet gets matched with a LAY Bet, the results are generally pretty good.

However every now and then the BACK Bet doesn't get matched and a substantial loss is the result, and this negates the Profits I had made.

I have reduced the number of Ticks down to 10, and its made no difference.

The next step is to reduce the number of Ticks down to 5.

Apart from that, can anybody suggest something that I can do?

[sionascaig]

It's designed to work where you have an expectation (or get lucky) that the nominated selection comes in in price. If that doesn't happen then you lose - its that simple.

Reducing the tick size may increase the hit rate but you will reduce profit per race when successful. So there is a risk / reward thing going on here and you need to seek to find the right balance based on how good your pick selection is.

Maybe you can get a higher hit rate by laying 1st (or some other criteria) - no idea.... but that's all part of the fun of trading & trying to figure it out.

[colon100]

Ok.

Thanks for that response.

[Scotty66]

Just wondering what is the advantage between this and using the fixed stake back to lay?

With this you obviously make profit on all runners except the runner which you have selected (no lose position) but with a fixed stake when the back and lay bets are taken you can green up across all runners.

Long term wouldn't the fixed stake method be more effective as you would be making profit even if it wins as opposed to this method of making no profit and no loss when it wins?

Thanks for any help.

[Dallas]

Just wondering what is the advantage between this and using the fixed stake back to lay?

With this you obviously make profit on all runners except the runner which you have selected (no lose position) but with a fixed stake when the back and lay bets are taken you can green up across all runners.

Long term wouldn't the fixed stake method be more effective as you would be making profit even if it wins as opposed to this method of making no profit and no loss when it wins?

Thanks for any help.

It depends on your overall strategy and preference, there isn't a one size fits all

[markzily]

This sounds like a great strategy for in-running horse racing. Could you share more details about how the Guardian Automation Bot works for a no-lose trade on the favorite?