laybet relative to the quotation and eachother

[Kosi10]

Dear bet angel community,

After some trying and failing I turn to you... I would like to do the following; placing a stake (laybet) devided over a multiple of ticks offset with one goal, being without risk after one tick.

Don't know if that makes sense, i'll try an example:

Imagine I have 10 pounds I want to stake.
I'm going to lay over/under 2.5 at the beginning of the match. Odds are 1.70 layodds for the over market.
What I want is, to devide my 10 pound stake/liabilty in a way that, after 1 tick (without greening), I no longer have any liability and the remainder is a freebet...
I can calculate this:
I place a 14.29 pound laybet at odds of 1.7, giving me a liability of 10 pounds.
After one tick, at odds of 1.71, I need to back 14.08 to completely mitigate my liability. However, I still have 21p in the bet, these 21p i want to trade out at x and y ticks.

Is there a way in which bet angel can automatically calculate and place bets with these conditions in mind (because the amounts that need to be staked obviously relate to the odds)?

Hope you can help!

Kind regards, Kosi

[Derek27]

Dear bet angel community,

After some trying and failing I turn to you... I would like to do the following; placing a stake (laybet) devided over a multiple of ticks offset with one goal, being without risk after one tick.

Don't know if that makes sense, i'll try an example:

Imagine I have 10 pounds I want to stake.
I'm going to lay over/under 2.5 at the beginning of the match. Odds are 1.70 layodds for the over market.
What I want is, to devide my 10 pound stake/liabilty in a way that, after 1 tick (without greening), I no longer have any liability and the remainder is a freebet...
I can calculate this:
I place a 14.29 pound laybet at odds of 1.7, giving me a liability of 10 pounds.
After one tick, at odds of 1.71, I need to back 14.08 to completely mitigate my liability. However, I still have 21p in the bet, these 21p i want to trade out at x and y ticks.

Is there a way in which bet angel can automatically calculate and place bets with these conditions in mind (because the amounts that need to be staked obviously relate to the odds)?

Hope you can help!

Kind regards, Kosi

I would lay Over at the chosen price for the chosen liability. You can store the price in an SV and add one tick, to give you your one-tick closing price.

Store your Under P/L in an SV, back Over at the closing price using this stake. That gives you a free bet on Over.

Then you can calculate your green stake at X (profit on Over / X) and lay for half of that, then green up at Y.

I should warn you though, you'll be taking a big risk for the one-tick profit in comparison to your profit.