Ive been trying to make an automation rule for this,
I'm looking to lay a horse in running for £5, say 3rd fav (so long as its under 12/1) but I don't want to back it till it goes out to 12/1 and no bigger than 15/1,, then I want to back it when it goes out to 85/1,
I figure the 85/1 will get me most of the £5 if it drifts and comes back in to win.. This way if any other horse wins ill get £5 and if my selection wins ill get most of the £5..
I realise its still got to hit 85/1 to bet back and offset my lay but ive been hit by horses drifting out much longer than 85/1 and coming back to win.
is anyone able to help and write me out the rule or rules I need please..
thankyou
Help need for automation stratergy
No, I want the bet to wait till the horse drifts out to 12s, then fire in a lay bet, with a cap of say 15,s. So I want to fire a lay bet in after the off when the horse drifts out to 12/1 not before, as I want to see it drift, but no bigger than 15/1 as I want to control my liability and then if the horse drifts out to 85/1 I want to back it to green up, leaving me with a profit on every horse, Then green up at 85's as a safety net just incase its a big drifter but then gets a second wind and comes on to win, which happens more than you might think,,
thank you
thank you
Start with a 'Place Lay Bet' Rule type
Applied to 'By Position (in order of Betfair Favourtism 3)
Parameters tab
Place at 15.0
Whatever stake you want
Conditions
you will need 2 x fixed odds condition 1 each as follows
Selections
Lay price
is less than 15.0
&
Selections
Back Price
is greater than 12.0
Now add a 'Place back bet' rule type
Applied to 'ANY' selection
Parameters tab
Place at 85.0
Whatever stake you want
Conditions
Matched bets amount condition
Total Amount of lay bets
is equal to the following fixed amount
(enter what ever size lay stake you used above)
That will do it - though i'de recommend testing in practice mode or with min stakes
Applied to 'By Position (in order of Betfair Favourtism 3)
Parameters tab
Place at 15.0
Whatever stake you want
Conditions
you will need 2 x fixed odds condition 1 each as follows
Selections
Lay price
is less than 15.0
&
Selections
Back Price
is greater than 12.0
Now add a 'Place back bet' rule type
Applied to 'ANY' selection
Parameters tab
Place at 85.0
Whatever stake you want
Conditions
Matched bets amount condition
Total Amount of lay bets
is equal to the following fixed amount
(enter what ever size lay stake you used above)
That will do it - though i'de recommend testing in practice mode or with min stakes