Hi guys,
I've recently been developing some auto-dutching ideas for various markets in Guardian, and I was wondering if it is possible to Stake by Book% (or 'dutch') from a Stored Value.
There is currently only the option to enter an amount in the Stake by Book% parameter (see image below), and I had no luck toying around with the Stake by Stored Value parameters either.
Does anybody know of a current way to do this?... Or is this something that could potentially be added to a BA version update in the near future?
Cheers,
Scouse.
Staking by Book% of a Stored Value
- ScouseBeard
- Posts: 12
- Joined: Tue Jan 14, 2020 10:57 pm
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ScouseBeard wrote: ↑Thu Feb 08, 2024 11:21 amHi guys,
I've recently been developing some auto-dutching ideas for various markets in Guardian, and I was wondering if it is possible to Stake by Book% (or 'dutch') from a Stored Value.
There is currently only the option to enter an amount in the Stake by Book% parameter (see image below), and I had no luck toying around with the Stake by Stored Value parameters either.
Book% of a Stored Value.JPG
Does anybody know of a current way to do this?... Or is this something that could potentially be added to a BA version update in the near future?
Cheers,
Scouse.
You could store the price at what you stake a bet,calculate the book and use stake by store value.
- ScouseBeard
- Posts: 12
- Joined: Tue Jan 14, 2020 10:57 pm
Hi jtrader, thanks for the advice.
I have set up individual Back Book% stored values for SV staking, like you said.
I have them all running perfectly fine, but I think my formula in the calculations is wrong, as the profits across the dutched selections are nowhere near even to each other.
I have tried Storing a Value (x) with the Total Staking Amount divided by the Back Book % for the selection. Then using (x) as the stored value stake. (This doesn't work though)
I want it to work the same as if I am using the 'Stake by Book%' parameter, where the profits on selections are a generally equal.
How do I calculate the correct the stakes to get even dutching profits on my selections?
I have set up individual Back Book% stored values for SV staking, like you said.
I have them all running perfectly fine, but I think my formula in the calculations is wrong, as the profits across the dutched selections are nowhere near even to each other.
I have tried Storing a Value (x) with the Total Staking Amount divided by the Back Book % for the selection. Then using (x) as the stored value stake. (This doesn't work though)
I want it to work the same as if I am using the 'Stake by Book%' parameter, where the profits on selections are a generally equal.
How do I calculate the correct the stakes to get even dutching profits on my selections?
This should work as you have it. If you arent getting balanced book it might be because the market isnt formed properly / illiquid, so when you take Market Price it will be skewedScouseBeard wrote: ↑Thu Feb 08, 2024 11:21 amHi guys,
I've recently been developing some auto-dutching ideas for various markets in Guardian, and I was wondering if it is possible to Stake by Book% (or 'dutch') from a Stored Value.
There is currently only the option to enter an amount in the Stake by Book% parameter (see image below), and I had no luck toying around with the Stake by Stored Value parameters either.
Book% of a Stored Value.JPG
Does anybody know of a current way to do this?... Or is this something that could potentially be added to a BA version update in the near future?
Cheers,
Scouse.
(ETA: I misread the question. Please ignore my answer)
Last edited by Anbell on Mon Feb 12, 2024 2:46 am, edited 1 time in total.
Divide by the odds not the book %.
Store Value (Shared) for San Francisco 49ers: DUTCH_STAKE = 100 / 1.49 = 67.114
Store Value (Shared) for Kansas City Chiefs: DUTCH_STAKE = 100 / 2.94 = 34.014
Store Value (Shared) for San Francisco 49ers: DUTCH_STAKE = 100 / 1.49 = 67.114
Store Value (Shared) for Kansas City Chiefs: DUTCH_STAKE = 100 / 2.94 = 34.014
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