Back or Lay at Betfair SP Guardian Automation Bot

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firlandsfarm
Posts: 2688
Joined: Sat May 03, 2014 8:20 am

Dallas wrote:
Thu Apr 04, 2019 4:49 pm
I did state above the min for SP lays is £10 liability so bets of a few pence will go through if high enough, those that don't will (should) be rejected by Betfair, I've certainly not heard of anyone getting a lay with a liability of less than £10 through as an SP bet nor a back bet with a stake below £2 (which is the SP min for back bets)
OK, maybe we have had a little cross purposes here … if placing an intended SP Lay i.e. SP from the start. no "take SP" at the off, then the Betfair website says …

Win Only Market
Minimum stake for lay BSP is £10 (my emphasis)

… So maybe it was wrong of me to assume you saying it is a £10 liability was a typo!

Are you saying it's £10 liability if done as a "take SP" at the off? That may explain things.
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Dallas
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Yes, any lay bets where you use take SP must have a liability of £10 or more or BF will reject them when they reconcile SP

Even if you layed at 2.0 for £20 (so had a £20 liability) then took SP
Then following that £12 of it was matched before the off leaving only £8 at the time the race is turned in play this will be rejected by BF as it's now below £10 min liability
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firlandsfarm
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Dallas wrote:
Thu Apr 04, 2019 5:35 pm
Yes, any lay bets where you use take SP must have a liability of £10 or more or BF will reject them when they reconcile SP

Even if you layed at 2.0 for £20 (so had a £20 liability) then took SP
Then following that £12 of it was matched before the off leaving only £8 at the time the race is turned in play this will be rejected by BF as it's now below £10 min liability
OK, well you learn something every day and sometimes something interesting like this :D So it's a minimum £10 stake to place an SP bet but a minimum £10 liability to 'take' an SP bet. Such a simple workaround of the minimum stake requirement. I can work to that :)

Thanks Dallas
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Dallas
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firlandsfarm wrote:
Thu Apr 04, 2019 6:11 pm
Dallas wrote:
Thu Apr 04, 2019 5:35 pm
Yes, any lay bets where you use take SP must have a liability of £10 or more or BF will reject them when they reconcile SP

Even if you layed at 2.0 for £20 (so had a £20 liability) then took SP
Then following that £12 of it was matched before the off leaving only £8 at the time the race is turned in play this will be rejected by BF as it's now below £10 min liability
OK, well you learn something every day and sometimes something interesting like this :D So it's a minimum £10 stake to place an SP bet but a minimum £10 liability to 'take' an SP bet. Such a simple workaround of the minimum stake requirement. I can work to that :)

Thanks Dallas
You could place any sized lay bet you want and take SP and it will show as that in the unmatched area on Bet Angel, but when it comes to the start of the race Betfair will reject any that have a liability of less than £10
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firlandsfarm
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Dallas wrote:
Thu Apr 04, 2019 6:30 pm
you could place any sized lay bet you want and take SP and it will show as that in the unmatched area on Bet Angel, but when it comes to the start of the race Betfair will reject any that have a liability of less than £10
Yes I was aware of that it was just the switch from a stake minimum to a liability minimum I wasn't aware of
Flomorgan15
Posts: 5
Joined: Wed Jun 26, 2019 11:25 pm

Hi Dallas,

I have crated a lay to back rule but its not working the way I had thought I set it up.
Please advise, I have also attached screenshots.

-Lay the fav 30 sec before off.
- Offset greening by 30 ticks.
- In play keep all unmatched bets.

however once it goes in play the unmatched back bet to offset greening gets canceled that was requested 30 ticket above.
Please let me know were I'm going wrong as I obviously need to keep that unmatched bet so it gets matched at later stage.

I've also tried attaching screen shots but not allowing me now.
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Dallas
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Flomorgan15 wrote:
Sun Jun 30, 2019 2:27 pm
Hi Dallas,

I have crated a lay to back rule but its not working the way I had thought I set it up.
Please advise, I have also attached screenshots.

-Lay the fav 30 sec before off.
- Offset greening by 30 ticks.
- In play keep all unmatched bets.

however once it goes in play the unmatched back bet to offset greening gets canceled that was requested 30 ticket above.
Please let me know were I'm going wrong as I obviously need to keep that unmatched bet so it gets matched at later stage.

I've also tried attaching screen shots but not allowing me now.
Sounds like your keep unmatched bets rule isn't triggering. I'd start by checking the timings used on it.

The following post will give you some further tips on troubleshooting bots
viewtopic.php?f=47&t=12557
JoeBet
Posts: 8
Joined: Mon Apr 02, 2018 8:27 pm

Hi Dallas

Is it possible to add an odds range with BSP?

Fx. take BSP if odds between 5 and 10

Regards
JoeBet
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Dallas
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JoeBet wrote:
Fri Jul 12, 2019 11:09 am
Hi Dallas

Is it possible to add an odds range with BSP?

Fx. take BSP if odds between 5 and 10

Regards
JoeBet
You can't use actual SP until the race is in-play and the SP is known, but you can use Projected SP as a range

Details of how to do this are in the following post (Substituting Actual SP for Projected SP)
viewtopic.php?f=47&t=17622
rencoetz
Posts: 92
Joined: Thu Aug 22, 2019 5:25 am

Hi Dallas

How can one overcome the fact that races goes off before the time - I have seen this multiple times now ?

Say I want to lay a horse that is 7ish. Can I lay this horse at 2 at 10min before ( wont be matched ) and then use the second rule to trigger the SP ?

ANother Question - if I Lay a price below the current price I am assuming my money is laying there waiting to be matched ?
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Dallas
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Location: Working From Home

rencoetz wrote:
Sun Nov 17, 2019 6:00 am
Hi Dallas

How can one overcome the fact that races goes off before the time - I have seen this multiple times now ?

Say I want to lay a horse that is 7ish. Can I lay this horse at 2 at 10min before ( wont be matched ) and then use the second rule to trigger the SP ?

ANother Question - if I Lay a price below the current price I am assuming my money is laying there waiting to be matched ?
UK/IRE never go off before time, (Except maybe 1-2 in the last few years in IRE) but otherwise they have to go after post time. If your seeing early off times on the UK/IRE races then your PC clock must be out slightly.
US racing is a law to itself, they can go off a few minutes early, it's basically up to the starter who will let them go as soon as they are ready.

If you want a bet to be matched at SP you'll need to have the 'Take SP rule' trigger after the bet is placed.
For lay bets you should be placing it as close to the current odds as possible (and as late as possible) because BF uses the liability of the odds the bet is placed at, so if you place a £10 lay bet @ 2.0 the liability is £10, if the SP is is 4.0 then the stake will be £5 so as to still achieve the same £10 liability you originally placed the bet at.
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tootatoota
Posts: 56
Joined: Fri Apr 17, 2020 2:33 am

Dallas,
I am not sure if i am in the right area finding it confusing how to start new Post.
Anyway i tried to ask question previous and maybe it didnt go through.
I am needing help please.
Lay the Favourite early when Lay market percentage first reaches between 90%-99.9%
Back the favourite at BSP
Thanks Brendan
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Dallas
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Location: Working From Home

tootatoota wrote:
Tue Apr 21, 2020 10:29 pm
Dallas,
I am not sure if i am in the right area finding it confusing how to start new Post.
Anyway i tried to ask question previous and maybe it didnt go through.
I am needing help please.
Lay the Favourite early when Lay market percentage first reaches between 90%-99.9%
Back the favourite at BSP
Thanks Brendan
How to start a new topic
viewtopic.php?f=17&t=16838

To create a range you just need 2 x Book Percentage conditions, to set your upper and lower limits
https://www.betangel.com/user-guide/boo ... ntage.html

Then create a back bet rule armed at post time and place at 'Custom ticks above best reverse market price'
for the number of ticks just enter enough that there's no chance of it being matched before the off

Thann add a 'Take SP' rule, just ensure this is armed to trigger sometime after you back bet is placed
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tootatoota
Posts: 56
Joined: Fri Apr 17, 2020 2:33 am

Awesome Thanks
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tootatoota
Posts: 56
Joined: Fri Apr 17, 2020 2:33 am

Dallas,
Awesome help.
I tested my
Toota special.baf
and found a couple of things.
First of it was triggering multiple bets but i think i fixed that.
Then the first part of the Rule Lay at % between 95-99 etc worked well.
I got lost then,
I didnt know how to set the Rule to back the horse we just layed?
Couldnt work out "The number of ticks above" so there is no chance of getting matched?
Couldnt work out the Take SP
Any Help greatly appreciated
Regards Toota
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