Hello. I want to make an automated strategy that starts placing bets a few hours before the race starts (when there are big gaps between odds). I’m using “custom ticks above best reverse market price”.
Is it possible to detect when money is placed at a higher odd than the one I placed?
For example: I lay 10 Euro on odd 1.25 and after a few minutes someone puts 5 Euro on 1.26. Then I want my bet to be canceled and place a new lay bet of 10euro on 1.27.
And if for example I lay 10 Euro on odd 1.25 and 3 Euro get matched and after a few minutes someone puts 5 Euro on 1.26. Then I want my remaining bet to be canceled and place a new lay bet of 7 Euro on 1.27.
Is it possible to automate that?
Any answer that can help me is welcome and appreciated. Thank you.
Detecting when money is placed at a higher odd than the one I placed
You could add it as a suggestion, its a good way of seeing if any other users would welcome it
http://www.betangel.com/forum/viewforum.php?f=20
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cresp8pt
Thank you for your answer Dallas. This is one of the strategies used by betfair. They scan the markets and where there are big gaps, they place amounts over others. If I move the amount of money one tick in front of them, after a few seconds their initial bet is canceled and moves it one tick in front of me. This is most easily seen in the tennis markets.