lay bot _ when do you get [real]

[liero1]

Hi,

newbie question here for sure.. I have, after many failing bots (RIP !!), one prospect that seems promising. Still in testing mode so no real money used yet.

Which number of bets would you deem appropriate for calling it a day on the virtual monies and using real money..?

Some background data - 187 bets matched, 64 not matched, 176 lay wins, 11 lay losses. max lay loss 135 versus 9.80 lay win profit. This gives me 2.9% ROI based on liability. implied lay odds vs lay odds taken is 23% edge.



After having strategies before that seemed great on testing mode and failing with real money , I wonder if I go 'live' too early.. My idea here would be to wait to maximum of 1,000 bets - if still positive ROI, going live.

[Dallas]

From the 4th paragraph down is the relevant part relating to your question
viewtopic.php?f=17&t=15692

[ShaunWhite]

It might be worth you running the strategy live now with very small stakes and comparing the results with another instance of BA running the same strategy in Practice Mode. That way you can judge how much is lost just by transitioning a strategy that's seems viable in test, to live. There will always be some difference, knowing what that difference is likely to be might give you more comfort when looking at test results and figuring if they might hold up.

[liero1]

Thanks guys!

Is that roi ok in your eyes for a lay strategy?

[ShaunWhite]

Anything positive is OK so long as the drawdown isn't too horrific (drawdown being the most the strategy balance dips from a previous high).

Does your chart factor in the commission?

[liero1]

Ok cool. I thought so for laying - as you won’t get a big roi compared to liability ..

Yes it does. These are fictional 10 stakes so 9.80 is the profit. Max drawback so far was about 250 as you can see above.

[LinusP]

Ok cool. I thought so for laying - as you won’t get a big roi compared to liability ..

Yes it does. These are fictional 10 stakes so 9.80 is the profit. Max drawback so far was about 250 as you can see above.

I assume this is inplay judging by the match rate? This could cause issues if you find that you get matched at a lower rate live.

I would always recommend going live ASAP with minimum stakes, what odds are you laying at?

[liero1]

Ok will run real and virtual together tomorrow. Got average lay odds 13.10 at the moment over those two 190 bets

[CarlosGB74]

How did the strategy work out? I´ve been very interested in laying greyhounds.

Cheers!

[eightbo]

It might be worth you running the strategy live now with very small stakes and comparing the results with another instance of BA running the same strategy in Practice Mode. That way you can judge how much is lost just by transitioning a strategy that's seems viable in test, to live. There will always be some difference, knowing what that difference is likely to be might give you more comfort when looking at test results and figuring if they might hold up.

I'm sure it depends on what you're doing but this was not very useful for me when I was testing HR In-Play automation, I noticed that one would commonly trigger whilst the other would not. I suspected this was due to them cycling the refresh at slightly different times. If that was the case, I wondered whether there was perhaps some IT hack to sync up the two applications but seemed like a lot of effort so I just settled for multiple practice variants then progressing to live with the most promising after racking up a lot of markets (assuming that the trigger issue would balance out over time)