Betangel's P&L different from Betfair's P&L

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migou2002
Posts: 5
Joined: Sun Aug 07, 2011 3:38 pm

Hello,

i'm a new user and I'm a little lost ! Be patient with me please :)

so....

I played a while with the pratice mode, making good profit with smale stake.

AND I tried this strategy with horse's racing :

http://www.youtube.com/watch?v=sM5L2QnwbV4



In practice mode it works !
I used the "Trading profit calculator" or moving my ordre directly in the ladder to close my order

BUT :) ( they is always un but with a so good beginning )

I reproduced exactly the same in real mode and....

When I close an order with positive P&L in Betangel : I'v got always EXACTLY a 0 EUR profit In my Betfair's P&L

For instance :

I layed the horse "Golden ticket" before the match at 8.00 with stake 2€
then the Trading profit calculator show me 8£ profit at 12.00

THEN I Close the order, they matched and on betfair I show + 8£

but on Betfair Profit & Loss I see :

Horse Racing > Belle 18th Aug : 2m4f Hcap Hrd Showing 1 - 2 of 2 Selections

Selection Odds Stake(€) Bid type Placed Profit/loss(€)
Golden Ticket 12.00 2.00 Back 18-Aug-11 18:12 -2.00
Golden Ticket 8.00 2.00 Lay 18-Aug-11 18:05 2.00

Net market total : 0

???? Where is my mistake ? Why I have this difference ??

please help me (and sorry for my bad english !!)

Regards
Stephane
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to75ne
Posts: 2439
Joined: Wed Apr 22, 2009 5:37 pm

are you sure that you were logged into live mode?
did you actually press the radio button for live mode(on the log in page/screen), and not accidently left in set to practice mode from your previous practice sesseons.
migou2002
Posts: 5
Joined: Sun Aug 07, 2011 3:38 pm

first of all : thanks for your answer !!

and yes I'm definitly in live mode.

When I'm in pratice mode, the title color is orange and in the right down corner I can read "PRACTICE"

no it's in live mode

what's wrong ?? :(
User avatar
Euler
Posts: 26431
Joined: Wed Nov 10, 2010 1:39 pm

You haven't hedged by greening your profit.
migou2002
Posts: 5
Joined: Sun Aug 07, 2011 3:38 pm

I must activate the radio button "Greening" on the Trading Profit Calculator ?

and then, le P&L will be real ? (if it's matched)
User avatar
Euler
Posts: 26431
Joined: Wed Nov 10, 2010 1:39 pm

If you back and lay something for £2 and get it right you will only profit if that selection then goes on to win. If you green out then you will win less but you will win whatever the result.
migou2002
Posts: 5
Joined: Sun Aug 07, 2011 3:38 pm

thanks Euler !!!

it's not a big deal to win less ( if i'm greening )

For me, the "only" challenge it's to see the SAME P&L between

- Trading Profit Simulator
- P&l Betangel
- P&L Betfair

After Laying and backing higher...

By greening, i'm gonna have this ?
convoysur
Posts: 187
Joined: Mon Jun 13, 2011 12:26 am

Hi Stephane ...welcome
watch this it will help you,,
you will see the greening at the end,
if you do it this way you will see it on your profit and loss ,,
http://www.youtube.com/watch?v=832fLBc8PkI&feature=fvsr
Marc
migou2002
Posts: 5
Joined: Sun Aug 07, 2011 3:38 pm

Marc, it's cool from you to help me :)

I see the video and tommorrow I'll try.

But can I greening "In play" too ?

And first of all... Why this guy, is an offical video for scalping, don't green when he trades ??

http://www.youtube.com/watch?v=sM5L2QnwbV4

Look at the 1:02 minutes, he closes the ordre and the radio button "greening" is off :(

thanks a lot !
Stephane
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