Place a Lay bet with limited liability and place a back bet if the odds reach a specific value

[andrefchaves]

Hi, i need some guidance as i've been trying to create a bot but cant find the exact tools within betangel to make it work. Anyone could help me here?

Thanks a lot in advance!

[Dallas]

This blog will walk you through the process of creating a rules file
https://www.betfairtradingblog.com/betf ... tion-easy/

On the 'General' Tab you would just select 'Place a Lay Bet'
Then set your arm times and selection its applied to etc

On the parameter tab you would use 'By Liability (back & Lay)'
https://www.betangel.com/user-guide/sta ... ters_.html

How are you defining a specfic value? is it a fixed price, a set number of ticks or percentage above the lay bet matched price?

[andrefchaves]

Hi Dalas,

Thanks a lot for the quick answer, however is there a way that i can arm it to trigger a back bet when it reaches 1.5 for example? and only to trigger it when it gets there?

Regards
Andre

[kanne]

Hi Dalas,

I'm also new to this trading and as Andre requested on this thread, I have attached a rule which I developed. Please check and let me know if that requires any amendments.

Thank you

Back the Lay Bet In-Running-if.baf

Kanne

[Dallas]

Hi Dalas,

I'm also new to this trading and as Andre requested on this thread, I have attached a rule which I developed. Please check and let me know if that requires any amendments.

Thank you
Back the Lay Bet In-Running-if.bafKanne

The arm time and in-play condition of your lay rule means it will only trigger if the race goes in-play within 5 secs of the official start time
So to bet pre-off remove the in-play condition, or to bet in the first 5 secs of the race change change the arm time to 'Relative to in-play time'

Also if you want your back bet rule to trigger on the same runner as you layed it needs to be applied to 'ANY' selection with a
'Number of Place Bet Triggers Condition' on selection is equal to 1

Otherwise there no Guarantee that the current fav now <1.5 is the same runner which was fav at the start which you layed

[Dallas]

Hi Dalas,

Thanks a lot for the quick answer, however is there a way that i can arm it to trigger a back bet when it reaches 1.5 for example? and only to trigger it when it gets there?

Regards
Andre

Yes, you can use a 'Fixed odds condition' for this
viewtopic.php?f=47&t=11621