How do I lay a whole book a % margin prices

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DjGrizzlyPaws
Posts: 2
Joined: Fri Oct 07, 2011 4:12 pm

Please advise.

I do NOT want to lay at the back price or the lay price. I do NOT want to just change the price of one selection to create a margin. I want to change all the prices in one go. I thought that was what a bookmaking function was for I can set all the prices according to my chosen margin. I do not want to have to go through changing every selection manually as I presume the software was here to do this for me.

So for example I want to lay all the selections at 30% less than the current back price.

How do I do this? I can't find a function for it and it's a really simple function?? :cry:
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CaerMyrddin
Posts: 1271
Joined: Mon Sep 07, 2009 10:47 am

In the bookmaking tab you can set your margin, or your profit acording to your stake.
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jackio
Posts: 14
Joined: Mon May 04, 2009 1:03 pm

A very good idea DJ.
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Lagos
Posts: 204
Joined: Fri Apr 17, 2009 1:04 pm

yes, I think that would be useful.

How do we put it forward to admin?
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DjGrizzlyPaws
Posts: 2
Joined: Fri Oct 07, 2011 4:12 pm

CaerMyrddin wrote:In the bookmaking tab you can set your margin, or your profit acording to your stake.
thanks for the replies. Yes I can set a profit, but it still only lets me lay at a price way too high which is useless for my strategy. I thought the idea of bookmaking software was u could choose your overall liability and lay prices automatically without having to type everything in manually. What's the point of that? I can type it in manually on Betfair and it displays my liability!!

Where is the function for this? Surely it's included in bookmaking software!?! :geek:
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to75ne
Posts: 2439
Joined: Wed Apr 22, 2009 5:37 pm

do you mean a "button" you press so you are laying the field for a 30% over round with respect to the current prices on offer for example, withoutout any manual input in deciding which runners are going to be shorter, which ones longer etc. just knock 30% off the book in proportion to the number of runners?
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Euler
Posts: 26431
Joined: Wed Nov 10, 2010 1:39 pm

It could be implemented but for the meantime it would be quite easy to do in the spreadsheet function.
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PeterLe
Posts: 3726
Joined: Wed Apr 15, 2009 3:19 pm

DJ - If you do get this up and running I would suggest that you use the practice mode..
I'm fairly sure this would have return a profit about three/four years ago, but with the introduction of XM it would be very tight trying to make this profitable these days??
..but as ever always worth testing the theory
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