Cancelling offset bets & matched bets amount

[Roobetter]

I am working on a system where it will place a back or lay based on a signal with an offset.

Offset bet issues

It can for example put $100 on a back bet with offset but then get a reverse signal so put a lay bet for $100 with offset. So what i am left with is essentially a closed postion but 2 offset bets still sitting in the market. Whats the best way around this?

Matched Bets issue
Currently im using the Matched bets amount condition to limit how much money i want on and to limit exposure. Currently using Matched bets amount < 205 for back and lay so can back and lay up to $300 each. The issue is once this happens i might get a signal but it wont put any more bets on. Is there a way around this one?

Thanks

[Dallas]

>>>Offset bet issues

It can for example put $100 on a back bet with offset but then get a reverse signal so put a lay bet for $100 with offset. So what i am left with is essentially a closed postion but 2 offset bets still sitting in the market. Whats the best way around this?

Set a signal on the selection with your back/lay rules, and add a 'Signal set condition to test the signal is NOT set with a value
So once one triggers and sets the signal the other won't be able to trigger

You then just need to have the signal cleared if you want the back/lay rules to trigger again, so you could add a 'Set/Modify Signal' rule to clear the signal named (whatever you called it)
and use a unmatched bets condition on selection is equal to 0

ie, the offset bet has been matched


>>>Matched Bets issue

Currently im using the Matched bets amount condition to limit how much money i want on and to limit exposure. Currently using Matched bets amount < 205 for back and lay so can back and lay up to $300 each. The issue is once this happens i might get a signal but it wont put any more bets on. Is there a way around this one?

If you use a 'Set/Modify Stored Value' rule you can store the P/L of a selection

You can then add a Stored Value condition to your back/lay rules to test this

[Roobetter]

Thanks Dallas

[Roobetter]

Hi Dallas on this below


If i have a system that backs or lays based ona signal. Assume a back is on then A lay signal occurs so it closes out the above position bu putting on a lay.

For the above the position has been cleared so how do i get the system to know its ok to put more back and lays on? i cant have it put any amount of bets on as there are lots of signals so need to somehow cap it eg via number of matched bets but can figure out above scenario.

Hope this makes sense..

[Dallas]

Hi Dallas on this below


If i have a system that backs or lays based ona signal. Assume a back is on then A lay signal occurs so it closes out the above position bu putting on a lay.

For the above the position has been cleared so how do i get the system to know its ok to put more back and lays on? i cant have it put any amount of bets on as there are lots of signals so need to somehow cap it eg via number of matched bets but can figure out above scenario.

Hope this makes sense..

Its not quite clear to m exactly what it is you are doing or need the signals to do

But you can clear a signal by name, so if you are using multiple signal names that would be the way to clear just one and leave the others unaffected

[Roobetter]

Sorry Dallas im doing a bad job explaining. Basically in this system what i want is this:

I dont want to put a cap on the number of bets that can be placed but want below:

At the start say 5 min before (no bets are matched) then a back or lay can be placed (depending on what system chooses).
If there is a back bet matched then thre systen can only put on a lay bet
if there is a lay bet matched then only a back bet can be placed
If both back and lay has been matched then either a back or lay can be placed.

And repeat for above but needs to be which side has more bets eg if 3 back to 2 lay matched then only a lay can be placed.

Hope this makes sense.

Cheers

[Dallas]

Sorry Dallas im doing a bad job explaining. Basically in this system what i want is this:

I dont want to put a cap on the number of bets that can be placed but want below:

At the start say 5 min before (no bets are matched) then a back or lay can be placed (depending on what system chooses).
If there is a back bet matched then thre systen can only put on a lay bet
if there is a lay bet matched then only a back bet can be placed
If both back and lay has been matched then either a back or lay can be placed.

And repeat for above but needs to be which side has more bets eg if 3 back to 2 lay matched then only a lay can be placed.

Hope this makes sense.

Cheers

You could probably use the 'Matched Bets Amount Condition'
https://www.betangel.com/user-guide/mat ... ounts.html

So if we assume your back and lay stakes are £50

On your lay rule you'd set this condition to test
the amount of your back bets
are greater than
the amount of your lay bets
plus £50

and on your back bet rule the condition would test
the amount of your lay bets
are greater than
the amount of your bets bets
plus £50


and for you opening back/lay bet rules and/or when you want to start the process again you'd use
the amount of your lay bets
is equal to
the amount of your bets bets
plus £0

[Roobetter]

Ok thanks Dallas will give this a try

[amok_bris]

Hi Dallas - just wondering - that 'Matched Bets Amount Condition' - only offers an amount in pounds - i want to change that to dollars - seems nowhere to change it.
Either that or a condition triggered when X amount of lay bets specifically is what I'm after...

[Dallas]

Hi Dallas - just wondering - that 'Matched Bets Amount Condition' - only offers an amount in pounds - i want to change that to dollars - seems nowhere to change it.
Either that or a condition triggered when X amount of lay bets specifically is what I'm after...

You can ignore that symbol its just for display purposes, the value you enter will be tested against whatever currency you are using
So entering 10 will test against £10, $10, 10Eur, etc

[amok_bris]

Cheers, thanks !