Is it possible to automate this rule
You put a back bet on with a stop loss , once stop loss is reached then a lay bet is placed
I have been trying to automate this with little luck , most luck I have is to sit and do it my self lol
Reverse the bet ?
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- Posts: 7
- Joined: Sun Nov 13, 2016 8:05 pm
Hi Dallas
Yeah it is kind of that , what I have been doing t the minute to trial a similar Idea is
Lay a horse between 15 and 20 for £2 and then if it goes the wrong way then place a back bet at 2.0 for between £15-£20 is was going ok first 10 where wins then a loss of 13 ( 15-2) so it worked ok but there where some issues at betfair in the afternoon and liability of lay was not added on to balance and scheme went pair shaped.
But I was thinking it could be more automated than me selecting a horse, then put it in nomination then add a rule to back it if odds dropped to 2
Yeah it is kind of that , what I have been doing t the minute to trial a similar Idea is
Lay a horse between 15 and 20 for £2 and then if it goes the wrong way then place a back bet at 2.0 for between £15-£20 is was going ok first 10 where wins then a loss of 13 ( 15-2) so it worked ok but there where some issues at betfair in the afternoon and liability of lay was not added on to balance and scheme went pair shaped.
But I was thinking it could be more automated than me selecting a horse, then put it in nomination then add a rule to back it if odds dropped to 2
If you have your lay part already automated then you would just need to add a back rule (click on 'green plus' icon in the rules editor) with the following two conditions
'Number of Matched Bets Condition'
On 'Selection'
Is 'Equal' to 1 (or 2 if your closing your original lay with a stop first then placing this back bet)
'Fixed odds Condition'
Last Traded Price
of 'Selection'
is 'Less' Than 2.00
'Number of Matched Bets Condition'
On 'Selection'
Is 'Equal' to 1 (or 2 if your closing your original lay with a stop first then placing this back bet)
'Fixed odds Condition'
Last Traded Price
of 'Selection'
is 'Less' Than 2.00
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- Posts: 7
- Joined: Sun Nov 13, 2016 8:05 pm
Hi been trying some rules today and think I may have it
Is there any way to keep the results on the guardian screen from the races ? As they seem to clear off quite quickly after the race
Is there any way to keep the results on the guardian screen from the races ? As they seem to clear off quite quickly after the race
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- Posts: 7
- Joined: Sun Nov 13, 2016 8:05 pm
Hi Again
I have been watching my system today ....
Not quite what I thought I used and offset with stop and greening and put a fairly big offset and stop in.
So off set I put at 1000 so it puts a lay at 1.01 and stop at 100 .... so to me if a favourite gets to 70-100 say it will not win most times. And then lay the bet as I think it will lose.
But as I watch it when it hits the stop it changes the lay to the stop figure and then adds another lay like Instructed ....
Does this sound about right
I have been watching my system today ....
Not quite what I thought I used and offset with stop and greening and put a fairly big offset and stop in.
So off set I put at 1000 so it puts a lay at 1.01 and stop at 100 .... so to me if a favourite gets to 70-100 say it will not win most times. And then lay the bet as I think it will lose.
But as I watch it when it hits the stop it changes the lay to the stop figure and then adds another lay like Instructed ....
Does this sound about right