In Running Horse Racing Automation

[LilBobz]

Very much new to automation so apologies in advance if this question has an obvious answer.

I would like to set up some automation to offset whichever horse I have laid in running. I would like this to be for a specific profit amount.

As I do not know which selection(s) I am going to lay until the race is being run how does the automation know which selection(s) to offset?

I do not want to 'green all'. Just the selection(s) I have laid.

Many thanks in advance for any assistance.

[Dallas]

If using offset betting on a rule its only specific to that rule, however offset bets can only be set a ticks or percentage of move in price.

If you want to green up after a set profit or percentage of profit based on the stake used you'll need to use seperate rules,
ie, you need a lay bet rule that stores some values when it triggers
Then a close trade with greening rule with a stored value condition to test the above as been met.

There is an example you can download in the form of a servant but the same principal can be used for a full automation rule
viewtopic.php?f=58&t=20089

[LilBobz]

Thanks for this. Looks like it's what I'm after but I can't get it to work yet.

I start the servant on every selection pre-race (every runner has a big green dot next to it), hoping that then when I lay one in-running the servant should be getting me out for my set profit once that condition is met.

But...nothing happens. Even when my set profit is exceeded the servant isn't placing the offset bet to trade me out, I'm still having to do it manually.

Any suggestions as to what I might be doing wrong?

Thanks

[Dallas]

Thanks for this. Looks like it's what I'm after but I can't get it to work yet.

I start the servant on every selection pre-race (every runner has a big green dot next to it), hoping that then when I lay one in-running the servant should be getting me out for my set profit once that condition is met.

But...nothing happens. Even when my set profit is exceeded the servant isn't placing the offset bet to trade me out, I'm still having to do it manually.

Any suggestions as to what I might be doing wrong?

Thanks

Can you post some screen shots of the settings in your rule?

[LilBobz]

Screenshots attached.

Latest one I tried did actually place the closing trade, but only once the price reached 1000. Way above the exit point I'd chosen.

[LilBobz]

Couple more

[Dallas]

Thanks

That looks to be unchanged except for the amount of your net stake you want it to trigger at so should be working fine,

As your risking 75% of your stake it could be that its only reaching that amount near the end of the race when the prices are volitle, have you checked your log to see if its triggering but just not being matched?

[LilBobz]

It seems to be working in a fashion now.

The last one I tried closed me out close to where I wanted it to. But I didn't get confirmation of the matched bet until after the race had finished, so I initially thought nothing had happened again.

Much closer now to what I want it to do though.

Thanks very much for your help.

[LilBobz]

This is now working very well for me in terms of greening up for a profit.

If I also wanted to set a rule to trade out once a loss hits, say, 20% of liability is that possible? Or can it only be done for a loss of 20% of my stake?

e.g. If my liability is £100 can I tell it to automatically trigger an exit bet if losses hit £20?

I think the original file includes something to exit for a loss but that seems to be based on stake rather than liability.

Thanks in advance for any help.

[Dallas]

This is now working very well for me in terms of greening up for a profit.

If I also wanted to set a rule to trade out once a loss hits, say, 20% of liability is that possible? Or can it only be done for a loss of 20% of my stake?

e.g. If my liability is £100 can I tell it to automatically trigger an exit bet if losses hit £20?

I think the original file includes something to exit for a loss but that seems to be based on stake rather than liability.

Thanks in advance for any help.

You could do it by liability, you'd need to use a 'Set/Modify Stored Value' rule and store the value of another selections P/L
ie, one thats had no matched bets on it - that will be your liability
You can then make a similar percentage adjustment to that stored value as in your earlier rule

Then you can then add another green up to use that stored value