Reverse the bet ?

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Davycaslad
Posts: 7
Joined: Sun Nov 13, 2016 8:05 pm

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
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Dallas
Posts: 23492
Joined: Sun Aug 09, 2015 10:57 pm

So you have placed a back bet, been stopped out for a loss then want to lay again straight after?
Davycaslad
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
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Dallas
Posts: 23492
Joined: Sun Aug 09, 2015 10:57 pm

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
Davycaslad
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
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Dallas
Posts: 23492
Joined: Sun Aug 09, 2015 10:57 pm

Davycaslad
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
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Dallas
Posts: 23492
Joined: Sun Aug 09, 2015 10:57 pm

If you can post a copy of the log from either that race or next time something similar happens it will be easier for someone to see what has happened
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