I'm trying to control exposure on a selection but its being complicated because the Matched Bet condition is not specific.
I'm pretty sure i'm missing a trick here.
On the rule i have backs and lays doing different things but really its the lay side where most of the exposure risk is based.
Any help would be most appreicated
Exposure limiting
Im placing lays with a liability into the market with offset to back to close out the position. The rule will continue to place lays into the market even if the backs of the previous lays have not been matched.
So this gives me the problem of controlling the exposure.
What i hoping i could do was control the exposure by only restricting the amount of lay match bets. But because i have offset backs in the market which i have batches on, the Matched Bets conditions take into account both back and lays this would reduce the amount of times my lays bets could fire.
So this gives me the problem of controlling the exposure.
What i hoping i could do was control the exposure by only restricting the amount of lay match bets. But because i have offset backs in the market which i have batches on, the Matched Bets conditions take into account both back and lays this would reduce the amount of times my lays bets could fire.
You could use Stored values to store your P/L of a selection which will give your your max liability of matched bets.
But it wasn't clear from your last message if your lays are matched before another triggers or if you have several sat there unmatched, in which case with the above it wouldn't work as once those lays do get matched it would go above your liability.
The alternative would be to store the value of your Betfair balance, that would work in a similar but only if you don't have bets being matched or settled on other markets
But it wasn't clear from your last message if your lays are matched before another triggers or if you have several sat there unmatched, in which case with the above it wouldn't work as once those lays do get matched it would go above your liability.
The alternative would be to store the value of your Betfair balance, that would work in a similar but only if you don't have bets being matched or settled on other markets
So i create a Stored Value element for the Profit or Loss of Selection of each selection
But the value contained in the variable could be constantly changing. To achieve this do i just go to the General tab and set the Allow rule to trigger to be unlimited and on every refresh?
But the value contained in the variable could be constantly changing. To achieve this do i just go to the General tab and set the Allow rule to trigger to be unlimited and on every refresh?
Hi eiightbo is there any other relevance to posting the above apart from just explaining why Matched Amounts don't work on its own to limit Liability, if the original bets are placed using Liability rather than a specific amount.
I may be missing something else if so please explain
Regards
I may be missing something else if so please explain
Regards