Backing a selection only if Fav

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Dublin_Flyer
Posts: 842
Joined: Sat Feb 11, 2012 10:39 am

Having a bit of a mental block this morning.
Wanting to back a nominated selection but only if it's fav at the time.

Conditions: Relative Odds.
The Selections Back Price is Equal to the Back Price of Position 1 (Sorted in order of favouritism) plus 0 ticks.

Does that sound about right?
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Dallas
Posts: 23496
Joined: Sun Aug 09, 2015 10:57 pm

Nearly

"Conditions: Relative Odds.
The Selections Back Price is Less than the Back Price of Position 2 (Sorted in order of favouritism) minus 1 tick."

Or you could use last traded price (just depending at what time your rules running as to which will work best
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Dublin_Flyer
Posts: 842
Joined: Sat Feb 11, 2012 10:39 am

Perfect, nice one Dallas :)
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Dublin_Flyer
Posts: 842
Joined: Sat Feb 11, 2012 10:39 am

That went tits up Dallas, and not in the good way!

I think the minus 1 tick makes it specific to 1 exact tick, so my back will only fire if it's a 2.98/3.00 or 3.15/3.20 situation.
Any ideas?
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ANGELS15
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Joined: Wed Mar 22, 2017 9:57 am

May be a risky strategy as if you have a couple of horses trading at the top of the market say 13/8 & 7/4 you may find the Bookies SP favourite maybe different to the Betfair favourite, could even happen if you had 3
at the top of the market say 4/1 twice and 9/2. I can see where you're coming from but unfortunately because of the risk of backing the wrong horse you may find it difficult to automate as you may have to be able to watch the market at the time of the race to ensure your SP favouirite is the same as the Betfair favourite.
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Dallas
Posts: 23496
Joined: Sun Aug 09, 2015 10:57 pm

Sorry Dublin, just realised you said you were using the 'relative odds condition' - just change this to the 'Historical relative odds condition' (same settings as i gave above) and that should do it for you
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Dublin_Flyer
Posts: 842
Joined: Sat Feb 11, 2012 10:39 am

Cheers Dallas, will give it a go today and see how it goes.

@Angels15 I'm working by BF fav SP so not too risky, as it's not that often that there'd be 2 at the same price at the top of the market. Granted there's often 2 at 6/4 bookies prices, but that doesn't mean they're both 2.50 on the exchange....they've probably both been either sides of it but presently 2.38 and 2.62 as a lump sum takes a chunk of one side of the money around the off time as traders close out or bots bot-out.

My selection methods aren't random, there's reason and logic to my madness, but on the odd occasion the wrong horse gets backed and it goes tits up, I take the present late 30's approach to a spilt pint rather than the late teens approach to a spilt pint.

The teen shits himself and goes to the bar to order 3 more (increases stake from shock and emotion) then orders 2 shots too (goes in play), the late 30's says fxxK it, only a pint, I'll do my best to not do that again (keeps calm head) :lol:
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