Can Bet Angel automatatically back and then lay and then back again as the lay is matched?

[ManicMike]

Hi guys,

I have been using Betfair for a few years now, and recently downloaded the free trial of Bet Angel but was having a hard time working out whether it was capable of doing what I originally downloaded it to do in the first place.

So, for example if something is at $6 odds, but I know there's going to be lots of fluctuation prior to closing, and know it's going to come down to $5.50 at some point, and then go back up to $6 again, can I set it up through Bet Angel so that:

I place $200 at $6 odds and then lay $200 at $5.50, AND then have it set up so as I get the original $200 off and matched at the $5.50 odds it starts putting in back bets at $6 to get matched, and then have that automating on a constant cycle?

Thanks so much!

[CallumPerry]

Yes. Though you'd need to flesh out your logic a bit more. I've read on this forum, and done it myself in the past, that it is helpful to draw it out on paper EXACTLY what your loop should look like. Once you know your logic, it can be done with either Automation or Excel so go to that part of the forum and ask away. See if you can make a start yourself first and then there's some very helpful people here.

[ManicMike]

Yes. Though you'd need to flesh out your logic a bit more. I've read on this forum, and done it myself in the past, that it is helpful to draw it out on paper EXACTLY what your loop should look like. Once you know your logic, it can be done with either Automation or Excel so go to that part of the forum and ask away. See if you can make a start yourself first and then there's some very helpful people here.

Ah, ok.

I will look into it then.

Thanks a lot for your help man!

[Kafkaesque]

Hi guys,

I have been using Betfair for a few years now, and recently downloaded the free trial of Bet Angel but was having a hard time working out whether it was capable of doing what I originally downloaded it to do in the first place.

So, for example if something is at $6 odds, but I know there's going to be lots of fluctuation prior to closing, and know it's going to come down to $5.50 at some point, and then go back up to $6 again, can I set it up through Bet Angel so that:

I place $200 at $6 odds and then lay $200 at $5.50, AND then have it set up so as I get the original $200 off and matched at the $5.50 odds it starts putting in back bets at $6 to get matched, and then have that automating on a constant cycle?

Thanks so much!

It can certainly be done. My advice would be to read through the full user guide for automation to get a decent idea of the functionalities.

Once you've done that what you'll need, off the top of my head, is the following. But do note this isn't necessarily a complete list for your specific need. Instead more to give you a helpful starting point.

- Setting the rule to allow to trigger many times. The max of 99999 (iirc) is fine, as long as the rest is set up properly.
- As a parameter offset bet without greening. That's as described by yourself; offset bet with greening may well be preferable.
- A condition of back price is at least 6.00. As an for instance, as per your description. Play around with it as you're testing out, as there might be better ways of getting the price you're looking for.
- A condition of number of unmatched bets equal to zero. That should - in theory - make sure the automation doesn't put in another bet until the offset lay bet has been matched up.

Be aware that BA automation is a complex piece of software, and there's more chance of overlooking something than not doing so when starting out, so make sure you test it out either in practice mode or at stakes very low (to you). Specifically, even with a number of unmatched bets setting, it does occur from time to time that in the split second between your back bet being matched and the offset lay bet being placed, that the software is seeing no unmatched bet and places a second back bet. Thus make sure that double exposure isn't a disaster (which it shouldn't be with any sort of decent BRM, but just saying).

[ManicMike]

Hi guys,

I have been using Betfair for a few years now, and recently downloaded the free trial of Bet Angel but was having a hard time working out whether it was capable of doing what I originally downloaded it to do in the first place.

So, for example if something is at $6 odds, but I know there's going to be lots of fluctuation prior to closing, and know it's going to come down to $5.50 at some point, and then go back up to $6 again, can I set it up through Bet Angel so that:

I place $200 at $6 odds and then lay $200 at $5.50, AND then have it set up so as I get the original $200 off and matched at the $5.50 odds it starts putting in back bets at $6 to get matched, and then have that automating on a constant cycle?

Thanks so much!

It can certainly be done. My advice would be to read through the full user guide for automation to get a decent idea of the functionalities.

Once you've done that what you'll need, off the top of my head, is the following. But do note this isn't necessarily a complete list for your specific need. Instead more to give you a helpful starting point.

- Setting the rule to allow to trigger many times. The max of 99999 (iirc) is fine, as long as the rest is set up properly.
- As a parameter offset bet without greening. That's as described by yourself; offset bet with greening may well be preferable.
- A condition of back price is at least 6.00. As an for instance, as per your description. Play around with it as you're testing out, as there might be better ways of getting the price you're looking for.
- A condition of number of unmatched bets equal to zero. That should - in theory - make sure the automation doesn't put in another bet until the offset lay bet has been matched up.

Be aware that BA automation is a complex piece of software, and there's more chance of overlooking something than not doing so when starting out, so make sure you test it out either in practice mode or at stakes very low (to you). Specifically, even with a number of unmatched bets setting, it does occur from time to time that in the split second between your back bet being matched and the offset lay bet being placed, that the software is seeing no unmatched bet and places a second back bet. Thus make sure that double exposure isn't a disaster (which it shouldn't be with any sort of decent BRM, but just saying).

Thank you so much for taking the time to write your response.

I'm totally new to this whole concept so sounds like a have a lot of time to spend nailing down what I need to do.

Didn't want to spend hours and hours pouring over the instructions and have it turn out it couldn't even do what I wanted from it, so thanks for clearing it up.

Thanks again man!