Keeping a Lay Bet

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WelshMage
Posts: 66
Joined: Fri Sep 23, 2022 3:47 pm

Hi all

I watched one of Peter's videos on Dobbing and it has put an idea in my mind for trying something similar with football trading.
The Dobbing automation places a back bet and uses the global settings offset percentage of 50% to provide the corresponding Lay bet. The only other rule is the Keep unmatched bets option. So, if a back bet is placed at odds of 12, a corresponding Lay bet is placed at 6, giving the Dobbing effect if the horse runs well in the race.
What I was hoping to do was to place a back bet on a football trade (Home win, O/U), doesn't really matter what type of football trade it is, and then use the similar procedure to the Dobbing automation to exit the trade.
However, this time I want it to somehow go the other way! For example, if I place a back bet at odds of 1.5, I want to keep a lay bet of 3.00, so if the trade is going against me, I can get out of the market.
As the Lay bet is higher than the back bet, I'm not sure if this is possible.

Any thoughts, be honest and poke fun at me if I'm being a dummy here. :oops:
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ShaunWhite
Posts: 10570
Joined: Sat Sep 03, 2016 3:42 am

You'd have to wait until the price touched 3 before you placed your lay stop bet.
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