Want to have no inplay bets once majority of field have no chance

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Ninkster
Posts: 4
Joined: Sat Jul 18, 2020 3:29 pm

Firstly hi as this is my first ever post here *waves frantically*

I have an inplay bot that triggers on horses if the odds drop and then start to go back up, however I have noticed that it keeps firing right near the end of the race when most of the field are showing lay odds of 1000 meaning they have no chance of winning, so when they is only 2 or 3 horses left running the odds will obviously fluctuate alot more.

Just wondering if there is a way to tell the bot to stop placing the bet qhen there are only 3 horses which a chance of winning?

If I can wean those bets out I would of had a great return yesterday instead I ended with a small loss

Thanks in advance for any help or guidance
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

Add a 'Fixed Odds Condition'
Nominated selection 'by Betfair order of favouritism 4'
is less than

and enter whatever odds the 4th best price horse needs to be below
Ninkster
Posts: 4
Joined: Sat Jul 18, 2020 3:29 pm

Thanks, thought I tried that but still placed bets, so maybe i got it wrong. Will play about with that again. Thanks
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

Ninkster wrote:
Sat Jun 11, 2022 11:41 am
Thanks, thought I tried that but still placed bets, so maybe i got it wrong. Will play about with that again. Thanks
Try testing its lay price is less than (rather than its back or LTP)

Near the end of the race there can be large spreads so you could have something like
back price 6.2
lay price 800

And the back price of 6.2 might have only just flashed up for a nano second if other offers were pulled which would still be enough to allow your rule to trigger before reverting back to something like
back price 200
lay price 800
Ninkster
Posts: 4
Joined: Sat Jul 18, 2020 3:29 pm

Thanks again Dallas will try that and also put it inside a group so it is inside the other rules like the price has to go back up to x before triggering
Ninkster
Posts: 4
Joined: Sat Jul 18, 2020 3:29 pm

One more question..... if I put the custom ticks above market price at a really high number will that mean it will drop lower than that if it is on a lay bet and just match the LTP? Or will it put it at the price and stay there until the price jumps that high?

Just wondering as I have a lot not matching late in a race and have it set at 10 ticks so guessing it is just jumping more than that in seconds.
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

Ninkster wrote:
Sun Jun 12, 2022 1:55 pm
One more question..... if I put the custom ticks above market price at a really high number will that mean it will drop lower than that if it is on a lay bet and just match the LTP? Or will it put it at the price and stay there until the price jumps that high?

Just wondering as I have a lot not matching late in a race and have it set at 10 ticks so guessing it is just jumping more than that in seconds.
Betfair will always match bets at the best available price, so if you placed a lay bet at 20.0 if there is any back offers at a price below that it will start to match you at the lowest, then if you take all that money it'll move to the next highest price and so on until you are fully matched or any money still not matched will be placed at 20.0

So if you are finding you aren't always getting matched you are correct in what you said about the price will be jumping between your bet placement and the time it arrives in the market after Betfair apply their 1-second in-play delay
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