greening out when a loss

[facefish1]

I just cant get this to work all the time
say I place a bet at 5 pounds on a market i.e over 2.5 goals and I want to get out when the loss is 2
I did green out all profit >-2 but dosnt seem to work I also set it to trigger 3 times just in case is this the correct way to do it ??

[Jukebox]

A common mistake is the Guardian Settings:

Check the Advanced Settings tab on your Guardian and look at the restrict refresh settings.
The settings need to allow enough time after scheduled start for the match to be played including any delays, extra time etc. If you don't have too many things on your Guardian you can just untick the Restrict Refresh box.

[JTEDL]

Green all profit condition should be 'less than' -2

[Jukebox]

Green all profit condition should be 'less than' -2

LOL I just spotted that

[facefish1]

thought it might be the greater than or minus sign thanks for replies

[ShaunWhite]

thought it might be the greater than or minus sign thanks for replies

It's a common mistake so no shame.
It's the clash of language ie "my loss is bigger than a tenner" vs the maths ie "Loss < -10".

Thankfully you're the kind of guy that gets it without 852 explainations and nobody minds helping when it won't end up as a 2nd job.

[MobiusGrey]

Will hijack this thread a sec,

Just setting up a new automated rules file and for stop losses I've only ever used ticks before, this is probably a really stupid question but I just want to make sure...

If using stop loss %, 50% of (x) odds is always the same isn't it, so 50% of 4.0 is 2.0, 50% of 2.4 will be 1.2 etc?

[ShaunWhite]

Will hijack this thread a sec,

Just setting up a new automated rules file and for stop losses I've only ever used ticks before, this is probably a really stupid question but I just want to make sure...

If using stop loss %, 50% of (x) odds is always the same isn't it, so 50% of 4.0 is 2.0, 50% of 2.4 will be 1.2 etc?

Yes, but strictly speaking for a 50% stop loss the odds would double if you're backing first and halve if you're laying first.

If in doubt and as a cross check, turn the odds into a % chance and work from there. So 4.0 is 1/4 chance, ie 25%. If the horse now had half the chance of winning (50%) that would be 25%/2 = 12.5% = 1/.125 = 8.0. If it had twice the chance of winning that would be 25%*2 = 50% = 1/.50 = 2.0.

In your example of 2.4:
1/2.4 = 41.6%, double it = 83.2%. And then 1/.832 = 1.2 = Correct

Don't ask me about odds on horses cos my brain melts.

[MobiusGrey]

Excellent example, I need it spelling out sometimes, cheers Shaun.

[MobiusGrey]

Is there a way of setting a stop loss based on time rather than tick movement? Or if not a stop loss a condition I can add to a lay rule?

So say I have a matched lay with 3 tick offset, if the back bet isn't filled within say 10 seconds to close that selection for a loss?

[sniffer66]

Is there a way of setting a stop loss based on time rather than tick movement? Or if not a stop loss a condition I can add to a lay rule?

So say I have a matched lay with 3 tick offset, if the back bet isn't filled within say 10 seconds to close that selection for a loss?

I'd do it by setting a signal on the lay, then use a signal changed condition on the signal from 10s to x seconds, unmatched bets > 0 then green/however you want to exit

[MobiusGrey]

Is there a way of setting a stop loss based on time rather than tick movement? Or if not a stop loss a condition I can add to a lay rule?

So say I have a matched lay with 3 tick offset, if the back bet isn't filled within say 10 seconds to close that selection for a loss?

I'd do it by setting a signal on the lay, then use a signal changed condition on the signal from 10s to x seconds, unmatched bets > 0 then green etc

Thank you

[sniffer66]

Is there a way of setting a stop loss based on time rather than tick movement? Or if not a stop loss a condition I can add to a lay rule?

So say I have a matched lay with 3 tick offset, if the back bet isn't filled within say 10 seconds to close that selection for a loss?

I'd do it by setting a signal on the lay, then use a signal changed condition on the signal from 10s to x seconds, unmatched bets > 0 then green etc

Thank you

You're welcome. It took me a while to get my head around time based conditions. I started incrementing signals every second until it hit a threshold. Then realised about the Signal Changed part. Use them all the time now. Great for multiple, fail-safe greens with a delay inbetween or waiting for tennis prices to settle etc

[MobiusGrey]

You're welcome. It took me a while to get my head around time based conditions. I started incrementing signals every second until it hit a threshold. Then realised about the Signal Changed part. Use them all the time now. Great for multiple, fail-safe greens with a delay inbetween or waiting for tennis prices to settle etc

Exactly this, when using in play with a time delay having a signal based stop loss makes so much more sense, I just hasn't considered the option of using signals which in reality will give me an even greater control over the losses, where as rather than just an arbitrary (x)secs I can now set a signal and say 'if (x)secs AND (x)ticks then =

Tis' a perfect solution.