canceling an unmatched part of a reverse market price bet

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kenco
Posts: 8
Joined: Mon Aug 14, 2023 2:33 pm

Just started using automation
Place a back bet
Parameters-
Reverse market price
Fixed amount £2
Global settings off set bet and stop
off set 1 tick, stop at 1 tick, place stop at 2 ticks

my question is
If the Back bet gets matched first and the price drifts out then the unmatched Lay bet will get cancelled which is what we want
however if the Lay bet gets matched first and the price comes in leaving the back bet unmatched. and for whatever reason the back bet dosnt get cancelled.
i want to know how do i get the back bet cancelled automatically if the lay is matched first and the price comes in
Do i need a seperate rule and if so what
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

Just to clarify, you want to cancel the back bet if only the offset lay is matched and the price continues to shorten ie, your loss is increasing?
kenco
Posts: 8
Joined: Mon Aug 14, 2023 2:33 pm

Yes Dallas that is correct
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

kenco wrote:
Mon Aug 14, 2023 5:26 pm
Yes Dallas that is correct
If you add a 'Cancel all unmatched bets' rule you can include a 'green all profit' condition to test the profit is less than -£X.XX
https://www.betangel.com/user-guide/gre ... rofit.html

and that will cancel the unmatched back bet once your loss amount exceeds the amount you set
kenco
Posts: 8
Joined: Mon Aug 14, 2023 2:33 pm

thank you Dallas i will give it a try
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