Help with automation settings to red up for a loss

[forumuser]

I have a few rules that I am happy with, backing a number of runners under certain price conditions and I have a Green Up Condition to Stop Loss that says to Green all profit value across all selections, set to Less than -£1. I believe this is right.

What confuses me is for each back selection (all going by fav position) I don't want any more bets placed if I am already down the £1

So for each of the back rules, what is green up condition to only place a bet if the profit value across all selections?

Is it

less than 99p, less than £1.01
greater than 99p or greater than £1.01

Or is it something else?

Many thanks.

[forumuser]

Just to confirm my post above, I am aiming to stop betting on the race when I am £1 down.

[jimibt]

Just to confirm my post above, I am aiming to stop betting on the race when I am £1 down.

in the conditions, you want:

Green all Profit Condition
is [greater than] £ [-1] (that's MINUS 1)

that should sort it for you, tho you may find that it's a bit too tight to manouvre as the market bumps around a fair bit and will gyrate between a few values that may or may not be desirable for your logic.

[forumuser]

Thanks jimibit,

so to confirm, that is what I put as a condition for each back bet so that if I am down £1 no more bets will be placed.

I understand the volatility and it will probably end up at a bigger loss but I am trying a reverse approach aiming for a small loss on most bets with hopefully a couple of bigger wins in my favour when a race doesn't do what most expect it to.

Thanks.

[jimibt]

Thanks jimibit,

so to confirm, that is what I put as a condition for each back bet so that if I am down £1 no more bets will be placed.

that is correct... you can of course also apply a further condition with similar logic (with a positive value in this case) to not place any further bets if you are in the lucky position to be £xxx pound up ahead of further bet placement

e.g
Green all Profit Condition
is [greater than] £ [150] (that's PLUS 150 - i.e. in profit). just another way to contain things if you know what your outer bounds are too.

[forumuser]

Thanks Jimibit, I will see how today goes but I am hoping to win more than enough to offset all losses from just two or three winning bets that go my way so I really want to win the full amount but will monitor all races to see.

You often only realise how a new automation rule will pan out once they go live so it could and can go belly up early on and so back to the drawing board rather sharpish.