Is it possible to do that automation?

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jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

I'm sorry if it's stupid question,but is it possible to do that? - For example Back Price is 3.8,I wish to place Back Bet @ 6.8,but if Back Price move to 6.2 I wish my bet to be matched at that price.May be most of you could say why you don't place Back Bet @ 6.2 instead of 6.8,but I wish right that :roll:
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Dallas
Posts: 23596
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Yes it is possible but;

Why would you want to place it at 6.8 then once the price gets to 6.2 move it and join the back of the queue rather than just put it at 6.2 to begin with and be near the front of the queue
jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

Dallas wrote:
Sat Oct 07, 2023 10:44 am
Yes it is possible but;

Why would you want to place it at 6.8 then once the price gets to 6.2 move it and join the back of the queue rather than just put it at 6.2 to begin with and be near the front of the queue
Thank you Dallas for your fast answer.But how could I make an automation about that stuff? That's example screen ( it's not so clear,but I'll try to explain
Екранна снимка (769).png
We look at score 2-1.If I place a back order @ 38 odds,but someone want to lay@36 odds I wish to grab him money at 36 and close my order at 38.It's more clear if there is a bigger gap between odds - if money available to back are @ 25,26,27 instead @ 29,30,32.
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Dallas
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jtrader wrote:
Sat Oct 07, 2023 4:54 pm
Dallas wrote:
Sat Oct 07, 2023 10:44 am
Yes it is possible but;

Why would you want to place it at 6.8 then once the price gets to 6.2 move it and join the back of the queue rather than just put it at 6.2 to begin with and be near the front of the queue
Thank you Dallas for your fast answer.But how could I make an automation about that stuff? That's example screen ( it's not so clear,but I'll try to explainЕкранна снимка (769).png
We look at score 2-1.If I place a back order @ 38 odds,but someone want to lay@36 odds I wish to grab him money at 36 and close my order at 38.It's more clear if there is a bigger gap between odds - if money available to back are @ 25,26,27 instead @ 29,30,32.
If you done that you'd be making a loss each time

You need to have your back bet matched at higher odds than your lay bet to make a profit

So if you want to take someones lay money at 36 with a back bet you need to then have your lay bet matched at 34 or lower to profit
jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

Dallas wrote:
Sat Oct 07, 2023 5:01 pm


If you done that you'd be making a loss each time

You need to have your back bet matched at higher odds than your lay bet to make a profit

So if you want to take someones lay money at 36 with a back bet you need to then have your lay bet matched at 34 or lower to profit
I couldn't explain may be of my poor english ;)

I just wish to back on that selection like hedging over other markets and not to make other bets (back or lay) on it to make a profit and so how could I make that automation file.

I would like to know how to cancel my ask for given price and to buy it at a suggested lower price that satisfies me.
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Dallas
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jtrader wrote:
Sat Oct 07, 2023 5:32 pm
Dallas wrote:
Sat Oct 07, 2023 5:01 pm


If you done that you'd be making a loss each time

You need to have your back bet matched at higher odds than your lay bet to make a profit

So if you want to take someones lay money at 36 with a back bet you need to then have your lay bet matched at 34 or lower to profit
I couldn't explain may be of my poor english ;)

I just wish to back on that selection like hedging over other markets and not to make other bets (back or lay) on it to make a profit and so how could I make that automation file.

I would like to know how to cancel my ask for given price and to buy it at a suggested lower price that satisfies me.
I'm still not 100% clear on what exactly what it is you want to do and appreciate some maybe getting lost in Google translate, I just don't want to advise something which may not be what you want.

Could you maybe provide another example using that (or another) image?

It sounds like you may want to offer a price but then take a price if it's offered within 'X' ticks of your waiting bet?
jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

Dallas wrote:
Sat Oct 07, 2023 5:44 pm


I'm still not 100% clear on what exactly what it is you want to do and appreciate some maybe getting lost in Google translate, I just don't want to advise something which may not be what you want.

Could you maybe provide another example using that (or another) image?

It sounds like you may want to offer a price but then take a price if it's offered within 'X' ticks of your waiting bet?
Yes,Dallas that's right.
Екранна снимка (771).png
Екранна снимка (774).png
There are again images of CS market and 2-1 selection.

There is so big gap between offered prices - 1.37 to back and 70 to lay.

I place my ask to back @ 60,but if there is an offer @ 46 and someone looking to lay for 46 I could wish cancel my offer at 60 and buy that at 46.
And how to do that in automation file?
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Dallas
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jtrader wrote:
Sat Oct 07, 2023 7:12 pm
Dallas wrote:
Sat Oct 07, 2023 5:44 pm


I'm still not 100% clear on what exactly what it is you want to do and appreciate some maybe getting lost in Google translate, I just don't want to advise something which may not be what you want.

Could you maybe provide another example using that (or another) image?

It sounds like you may want to offer a price but then take a price if it's offered within 'X' ticks of your waiting bet?
Yes,Dallas that's right.Екранна снимка (771).pngЕкранна снимка (774).png

There are again images of CS market and 2-1 selection.

There is so big gap between offered prices - 1.37 to back and 70 to lay.

I place my ask to back @ 60,but if there is an offer @ 46 and someone looking to lay for 46 I could wish cancel my offer at 60 and buy that at 46.
And how to do that in automation file?
OK, so I understand exactly what you want to do now, and it is possible to automate

But I'd need to know more about the underlying values the bets are to be placed at,
ie, how you came up with the odds of 46.0 as the price you want to move your bet to

For example do there have to be a minimum number of ticks between the back and lay price before your back bet is placed
If so as people start offering lay bets when do you want to take a price? Is it when the spread is less than 'X' ticks or percent or something else?

What if other back bets are placed below yours and the prices eventually meet or get close to each other at much lower odds?

You need to think through all the possible scenario's and what you want to happen if any occur
jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

Dallas wrote:
Sat Oct 07, 2023 9:01 pm


OK, so I understand exactly what you want to do now, and it is possible to automate

But I'd need to know more about the underlying values the bets are to be placed at,
ie, how you came up with the odds of 46.0 as the price you want to move your bet to

For example do there have to be a minimum number of ticks between the back and lay price before your back bet is placed
If so as people start offering lay bets when do you want to take a price? Is it when the spread is less than 'X' ticks or percent or something else?

What if other back bets are placed below yours and the prices eventually meet or get close to each other at much lower odds?

You need to think through all the possible scenario's and what you want to happen if any occur
I wanna place a back bet 1 tick below best reverse market price if there is at least 20 ticks gap or more,and if someone offers a bet lower than my back bet,I've just cancel my bet and offer a new bet 1 tick below his offer.

By the way if someone just offer to lay in the middle of the spread,I wish to cancel my back bet and take his offer.

And if spread reduce half and more than I've started offers cancelling my asks and bets and nothing to do.
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Dallas
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Joined: Sun Aug 09, 2015 10:57 pm

jtrader wrote:
Mon Oct 09, 2023 6:43 pm
Dallas wrote:
Sat Oct 07, 2023 9:01 pm


OK, so I understand exactly what you want to do now, and it is possible to automate

But I'd need to know more about the underlying values the bets are to be placed at,
ie, how you came up with the odds of 46.0 as the price you want to move your bet to

For example do there have to be a minimum number of ticks between the back and lay price before your back bet is placed
If so as people start offering lay bets when do you want to take a price? Is it when the spread is less than 'X' ticks or percent or something else?

What if other back bets are placed below yours and the prices eventually meet or get close to each other at much lower odds?

You need to think through all the possible scenario's and what you want to happen if any occur
I wanna place a back bet 1 tick below best reverse market price if there is at least 20 ticks gap or more,and if someone offers a bet lower than my back bet,I've just cancel my bet and offer a new bet 1 tick below his offer.

By the way if someone just offer to lay in the middle of the spread,I wish to cancel my back bet and take his offer.

And if spread reduce half and more than I've started offers cancelling my asks and bets and nothing to do.
Are you using Bet Angel Pro
Or Bet Angel Trader?
jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

Dallas wrote:
Mon Oct 09, 2023 8:06 pm


Are you using Bet Angel Pro
Or Bet Angel Trader?
Bet Angel Pro
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Dallas
Posts: 23596
Joined: Sun Aug 09, 2015 10:57 pm

If you start by creating a place back bet rule and on the parameters tab have the bet placed 1 tick below best reverse market price
https://www.betangel.com/user-guide/pla ... ters_.html

with a 'Relative odds condition'
to test the back price is less than the lay price minus 20 tick
https://www.betangel.com/user-guide/relative_odds.htm

Then post a screenshot of what you've made for me to check it's right i'll then advise the next part
jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

Hi,Dallas! I've made an automation file and you could look at it when you have enough time.

((BACKBET)).baf

It's pointed to CS Market in 1-1 score selection.
Place a back bet if back price is > 8 or place back bets in spread with conditions that I've asked before.

But sometimes that automation file places more than one same back bets in spread when it triggers,although I've pointed that condition of Unmatched bets = 0 when that rule to trigger.

Does it depend on rearming time (I think it's enough - 3 sec.)? My refresh rate on Guardian is 20 ms.Or may be it depends on my network connection which is sometimes 100-120 ms?

And one more question or may be that's a suggestion for Bet Angel next versions.It could be good if it's added a SV in Matched Bet Amount conditions so if a stake is a SV then could define partially matched bets.
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sionascaig
Posts: 1678
Joined: Fri Nov 20, 2015 9:38 am

Not looked at the file but when using unmatched bets condition, you need to take account of any market bet delay.

==> maybe try increasing re-arm time on bets into market?
jtrader
Posts: 219
Joined: Thu Feb 09, 2017 11:35 am

sionascaig wrote:
Thu Oct 12, 2023 7:10 pm
Not looked at the file but when using unmatched bets condition, you need to take account of any market bet delay.

==> maybe try increasing re-arm time on bets into market?
Thank you very much,sionascaig ;)

And where to find market bet delay for different markets?

Is it different for any market or for every event,or for every market or event from different countries?

P. S. I've seen! I've just tick in General that box "Add market's betting delay"
Last edited by jtrader on Thu Oct 12, 2023 7:43 pm, edited 1 time in total.
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