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Snowflame
Posts: 17
Joined: Tue Aug 03, 2010 6:41 pm

I am new to Bet Angel and my ignorance may have cost me a good trade. When I placed a Lay bet the program autpmatically places a Back bet at odds that left me in a loss situation. My settings were:
Offsetting = 5 With Greening
Stop = 5 Place Stop = 5 Trailing Stop = Yes
Tick Size = 1

Can someone explain where I went wrong?
Snowflame
Posts: 17
Joined: Tue Aug 03, 2010 6:41 pm

Forgot to ask, can you please advise where the Bet Angel excel spreadsheet is available for download.
Rubik

If you post up the log I am sure somebody can check where you went wrong.
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LeTiss
Posts: 5485
Joined: Fri May 08, 2009 6:04 pm

It sounds as though you had offsetting ticked, but not Place fill or kill

In these circumstances BA will place two bets automatically. It sounds like your back bet was taken leaving you in a losing position

Had place fill or kill been ticked, it would have waited until your lay bet had been taken before firing the back bet 5 ticks away
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