BACK/LAY by liability, in play BOT.!shock!
great !
when you green up depends on your entry point and the race type. i `m still experimenting.the most important part is the number of chances you get to achieve it and a race should not finish before you have a chance to break even or be on the upside>
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
I can't believe anyone is using this with real money.
even counterfeit would be a risk!!
i think alas, it's often presumed (by newcomers) that any automation files that work well for an individual and are posted on the forum, are good to go!!
The two files are obviously not complete, they lack the greening rule for the sole purpose of experimenting.Market research is paramount, as well as your entry point.
the dutching /bookmaking tool is doing a similar job ,with a difference of staking by book percentage and on this bot there is possibility of early exit which does not exist on the former.MUST say the MARGIN MAKER is one of the easiest way of making a coin, you only need to make one call , get it right and benefit from the whole field.
i have modified the files and iam working with a hybrid of the two and even that needs testing, alot of it. iam at a point where i need a reliable market research tool. (peter made a video recommending PROFORM to find your runners)
[urlhttps://www.youtube.com/watch?v=fyCwiiQ_pRk][/url]
the dutching /bookmaking tool is doing a similar job ,with a difference of staking by book percentage and on this bot there is possibility of early exit which does not exist on the former.MUST say the MARGIN MAKER is one of the easiest way of making a coin, you only need to make one call , get it right and benefit from the whole field.
i have modified the files and iam working with a hybrid of the two and even that needs testing, alot of it. iam at a point where i need a reliable market research tool. (peter made a video recommending PROFORM to find your runners)
[urlhttps://www.youtube.com/watch?v=fyCwiiQ_pRk][/url]
did you stop all the servants when you greened up?....it seems they all remained active, a stopp all servants rule is neecessary after your greening rule.
i wouldnt trust any automation as far as i could throw it you only need a slight hesitation in the data recieved from betfair or internet provider to cost a loss ... this bot (gremlin) cant be trusted yet and should only be used in practice mode that should be for all until consistency as emerged ... it was doing well at first look so i havent kicked it completely out of interest . it just needs opening up by someone who knows why it performs and dont perform ..
i will keep looking at any updates ...
i will keep looking at any updates ...
Use it in practice mode as much as you like. Anything else is nuts.elofan0 wrote: ↑Fri Jul 17, 2020 9:28 ami wouldnt trust any automation as far as i could throw it you only need a slight hesitation in the data recieved from betfair or internet provider to cost a loss ... this bot (gremlin) cant be trusted yet and should only be used in practice mode that should be for all until consistency as emerged ... it was doing well at first look so i havent kicked it completely out of interest . it just needs opening up by someone who knows why it performs and dont perform ..
i will keep looking at any updates ...
true.elofan0 wrote: ↑Fri Jul 17, 2020 9:28 ami slight hesitation in the data recieved from betfair or internet provider to cost a loss ... it was doing well at first look so i havent kicked it completely out of interest . it just needs opening up by someone who knows why it performs and dont perform ..
i will keep looking at any updates ...
my initial idea was bookmaking or dutching without using the dutching tool provided by bet angel.the reason being i couldnt green up, the option is N/A. so i went into DALLAS bot files and there i found other dutching bots . i made some custom colunm buttons and used the inplay tool to try and catch the winner or looser. went well untill an outsider romped in and wiped me out. the funny thing is he got matched at riduculiosly high loss and there is nothing i could do about it, i was too slow. then i decided to do this.
Dutch manually( using fixed stakes)
i would randomly LAY any runner @ low odds E.g btwn 1.01- 10.00 , using fixed £10.
it would then take around three runners for my liability to outweigh my potential gains. meaning
Runner 1 =£10 stake potential win = £30 ( total price of laying three runners and all end up loosing) .Liability=£7.00
Runner 2=£10 stake " " =£30 Liability=£ 16
Runner 3=£10 stake " " =£30 liability =£34
i would stop there : reason being , if any one of the horses go ahead and win , i can only loose a maxi mum of £34 and if any aother horse win apart from the three i will have £30.
as i was doing this i realise something peculiar: my P/L was turning green more often than usual and i had more chances to green out on profit.
then i gradually turned into laying 1 RUNNER on a liability stake< THIS OPENED my eyes into a whole new world, just one runner getting matched(back and lay by LIABILTY) and benefit from the whole field and loose absolutely nothing.
t this point i made a guardain file to LAY ANY with a LIABILITY stake at current price , which would lay the whole field
, then i ended up with the servant and the files on this thread....AND the journey continues , constantly evolving.
its my greatest regrets to see a member loosing cash, F*K*N S>Cks .
may be i should have laid out the genesis of this journey in the first place.
we are more like this:
https://www.youtube.com/watch?v=lDqNLqd_O3g
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
API glitches, internet stutters, power cuts etc etc will always happen but over a reasonably long period make zero difference to the returns thanks to overall market efficiency. The unexpected losses and unexpected gains even out. Many people who run automation 247365 can attest to that. Losses come from a strategy being fundamentally flawed.
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Did I miss the posting about market selection?
Btw when you say this...
"my greatest regrets to see a member loosing cash, F*K*N S>Cks ."
...well don't post bots that have virtually no chance of working and then talk about them as if you're one rule away from riches. Some people are crazy enough to believe you.
Btw when you say this...
"my greatest regrets to see a member loosing cash, F*K*N S>Cks ."
...well don't post bots that have virtually no chance of working and then talk about them as if you're one rule away from riches. Some people are crazy enough to believe you.
ShaunWhite wrote: ↑Fri Jul 17, 2020 2:15 pm...well don't post bots that have virtually no chance of working and then talk about them as if you're one rule away from riches. Some people are crazy enough to believe you.
Thanks for holding that‘ mirror’ , At least I can see myself making those mistakes.
Every strategy comes with a warning label. And the only way to convert a simple strategy into a winning one is by timing and conditioning,Did I miss the posting about market selection?
The ‘ELEPHANT in the ROOM is , how can a collective imaginative capacity of a forum like this cannot Convert a simple strategy like the one proposed here into a profitable one?
This video from Peter is a brilliant way of converting a simple strategy into a winning one.
https://youtu.be/RTi5ekVHIM8