Quick question guys.
I have setup a Dutch bot and have used the 100% to book backing option.
Is there for any reason a bet would not be placed.
The bot is very basic. No conditions and only dutching the first 3 to see how the 100% to book option works.
But a few races have gone by where bets have not been placed. Checked all the usual refresh rate is at 200ms and have the bets being placed 1 min out.
Cant understand why it's not placing bets??
Thanks
Placing bets to 100% of the book
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salmanim140i
- Posts: 66
- Joined: Tue Sep 03, 2019 7:10 pm
Just shows no bets placed and just shows the market going in play.
It is odd I would have thought it would have just ditched the 3 selections to a % of the book.
It is odd I would have thought it would have just ditched the 3 selections to a % of the book.
Check the Automation tab at the BOTTOM of Guardian - is your bot even firing?
Unless you're using an amount so small it can't be divided sensibly - there should be no problem with the Book% staking option.
I'd suspect simple error - Guardian timing settings or mix-up between before or after start time.
Unless you're using an amount so small it can't be divided sensibly - there should be no problem with the Book% staking option.
I'd suspect simple error - Guardian timing settings or mix-up between before or after start time.
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salmanim140i
- Posts: 66
- Joined: Tue Sep 03, 2019 7:10 pm
Thanks jukebox looked at it again and it was a timing issue.
However another question that occurred to me. Is if the bot fires in 3 bets out of a 8 runner race at £10. Does that mean I have £30 liability there or in a race I watched where the bot fired the red in the p&l column was like £4 odd and winnings was plus £5 odd.
If I was to have lost that race. Do i loose the £30 or the £4??
Just dont want to get Hope's up here as i am trying to replicate some sort of auto dutch. And had seen a video where peter had ditched 4 runners through the stall draw option and had a liability of £10 but had one bet go through not several.
Hope that makes sense??
Thanks
However another question that occurred to me. Is if the bot fires in 3 bets out of a 8 runner race at £10. Does that mean I have £30 liability there or in a race I watched where the bot fired the red in the p&l column was like £4 odd and winnings was plus £5 odd.
If I was to have lost that race. Do i loose the £30 or the £4??
Just dont want to get Hope's up here as i am trying to replicate some sort of auto dutch. And had seen a video where peter had ditched 4 runners through the stall draw option and had a liability of £10 but had one bet go through not several.
Hope that makes sense??
Thanks
Without seeing your bot I can't be certain. Certainly if you back 3 runners in a race with £10 each your liability will be £30 if something else wins.
However if I understand correctly that you are using the £10 at Book% Stake option in which case each stake is calcuated as: £10 divided by the odds, example at odds of 4.0 the stake will be £2.50 or if odds of 5.0 it will be £2.00. One of the noticable things when using this staking option is that whatever portion of the £10 is not used as stake is the potential win (before commision).
If your front 3 were at 4.0, 5.5 and 8.0. the stakes would be £2.50, £2.00 and £1.25 for a total £5.75. The potential loss if none of your choices win is that £5.75 the potential win is £4.25 before commission whichever of your selections wins.
Make sure you use practice mode and are sure of what's happening before committing to live.
However if I understand correctly that you are using the £10 at Book% Stake option in which case each stake is calcuated as: £10 divided by the odds, example at odds of 4.0 the stake will be £2.50 or if odds of 5.0 it will be £2.00. One of the noticable things when using this staking option is that whatever portion of the £10 is not used as stake is the potential win (before commision).
If your front 3 were at 4.0, 5.5 and 8.0. the stakes would be £2.50, £2.00 and £1.25 for a total £5.75. The potential loss if none of your choices win is that £5.75 the potential win is £4.25 before commission whichever of your selections wins.
Make sure you use practice mode and are sure of what's happening before committing to live.
PS - Using Book% staking isn't true dutching - it just has that feel about it in that all winners pay the same and all losers lose the same - unless you do something silly like backing everything (the book is never 100% under normal circumstances).
Peter's video was using true dutching using the dutching tool in Bet Angel. With true dutching you can effectively commit to risking a £10 and picking the selections you'll risk it on. The tool takes care of the calculations and ensures an even profit if one of your choices wins, or only a straight £10 loss if none of them do.
Peter's video was using true dutching using the dutching tool in Bet Angel. With true dutching you can effectively commit to risking a £10 and picking the selections you'll risk it on. The tool takes care of the calculations and ensures an even profit if one of your choices wins, or only a straight £10 loss if none of them do.
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salmanim140i
- Posts: 66
- Joined: Tue Sep 03, 2019 7:10 pm
Thanks again jukebox.
To confirm I'm using the book% so yeah it's a portion of the £10 bet which I like. I also checked the log and it's not the full £10 that is being staked.
I think I like this method of staking as when selecting more runners your not risking as much potentially as you would dutching. I know it's not exactly the same but means you cand find a bit more value by the looks of it that regular dutching. Well I hope.
Do you know if there are many successful strategies using this method. I'm playing about with odds in the place market using stored values to then signal to place a bet in the win market. I think now it's just trying to find the right settings then maybe there might be something there?? Or again as all my other experiments maybe not haha
Thanks again.
To confirm I'm using the book% so yeah it's a portion of the £10 bet which I like. I also checked the log and it's not the full £10 that is being staked.
I think I like this method of staking as when selecting more runners your not risking as much potentially as you would dutching. I know it's not exactly the same but means you cand find a bit more value by the looks of it that regular dutching. Well I hope.
Do you know if there are many successful strategies using this method. I'm playing about with odds in the place market using stored values to then signal to place a bet in the win market. I think now it's just trying to find the right settings then maybe there might be something there?? Or again as all my other experiments maybe not haha
Thanks again.
It is only a staking method not a strategy but can be very effective in the right strategy. Just backing the front 3 every race in might be fun and give you highs and lows but a look back over the data shows that it won't give you a profit in the long run unless you are selective - just as with everything else. Have fun finding out.