Horseracing: Splitting “normal bets” Taking SP from “speculative” low-odds lays

[lotora]

I use two “Take SP” conditions for all bets:

1. Matched bets on the current selection > 0
2. Unmatched bets on the current selection > 0

This works fine for my normal bets, where a matched bet places an offset that becomes SP at the off if still unmatched. It also works for speculative lay bets if they’re matched—their offsets should go to SP too.

But whenever my normal bets are matched, any unmatched speculative lay bets end up going to SP as well, which I don’t want.

Any pointers appreciated.

[lotora]

Anyone?

[Anbell]

Perhaps try rephrasing the question. I couldnt work out what you want to do

[Fugazi]

Set a rule to cancel all bets before your take sp rule

Issue will be that you have to do this earlier than you would like as raves dont go off on time

[lotora]

Perhaps try rephrasing the question. I couldnt work out what you want to do

Sure, let me rephrase what I’m trying to do:

1. I’m using these “Take SP” conditions (matched bets > 0 and unmatched bets > 0) on all bets.

2. if a normal bet is matched, but a speculative bet is not, the speculative bet unintentionally takes SP at the off.

In other words, once any bet on the selection is matched (e.g., a normal bet), all unmatched bets—including speculative ones—end up going to SP. My current workaround is to use a rule to cancel "the risky" unmatched bets just before the off.

[lotora]

Set a rule to cancel all bets before your take sp rule

Issue will be that you have to do this earlier than you would like as raves dont go off on time

Thank you! I was hoping to solve this issue using more sophisticated conditions.

[Dallas]

Perhaps try rephrasing the question. I couldnt work out what you want to do

Sure, let me rephrase what I’m trying to do:

1. I’m using these “Take SP” conditions (matched bets > 0 and unmatched bets > 0) on all bets.

2. if a normal bet is matched, but a speculative bet is not, the speculative bet unintentionally takes SP at the off.

In other words, once any bet on the selection is matched (e.g., a normal bet), all unmatched bets—including speculative ones—end up going to SP. My current workaround is to use a rule to cancel "the risky" unmatched bets just before the off.

How are you defining a 'Normal' bet to a 'Speculative' bet?

[lotora]

Perhaps try rephrasing the question. I couldnt work out what you want to do

Sure, let me rephrase what I’m trying to do:

1. I’m using these “Take SP” conditions (matched bets > 0 and unmatched bets > 0) on all bets.

2. if a normal bet is matched, but a speculative bet is not, the speculative bet unintentionally takes SP at the off.

In other words, once any bet on the selection is matched (e.g., a normal bet), all unmatched bets—including speculative ones—end up going to SP. My current workaround is to use a rule to cancel "the risky" unmatched bets just before the off.

How are you defining a 'Normal' bet to a 'Speculative' bet?

A “normal” bet and a “speculative” bet are identical in setup, but the difference lies in the likelihood of being matched. For normal bets, I’m asking for odds that are more likely to get matched during regular trading. For speculative bets, I’m deliberately asking for odds that are less likely to get matched before the off.

The issue is that when a normal bet is matched, the unmatched speculative bet unintentionally goes to SP along with the normal offset, which I want to avoid. The challenge is separating the two without impacting the normal betting process.

[Dallas]

Sure, let me rephrase what I’m trying to do:

1. I’m using these “Take SP” conditions (matched bets > 0 and unmatched bets > 0) on all bets.

2. if a normal bet is matched, but a speculative bet is not, the speculative bet unintentionally takes SP at the off.

In other words, once any bet on the selection is matched (e.g., a normal bet), all unmatched bets—including speculative ones—end up going to SP. My current workaround is to use a rule to cancel "the risky" unmatched bets just before the off.

How are you defining a 'Normal' bet to a 'Speculative' bet?

A “normal” bet and a “speculative” bet are identical in setup, but the difference lies in the likelihood of being matched. For normal bets, I’m asking for odds that are more likely to get matched during regular trading. For speculative bets, I’m deliberately asking for odds that are less likely to get matched before the off.

The issue is that when a normal bet is matched, the unmatched speculative bet unintentionally goes to SP along with the normal offset, which I want to avoid. The challenge is separating the two without impacting the normal betting process.

Take SP on unmatched bets that are within 'X' ticks of the current price (ie, normal bets) those that are unmatched further away ignore (ie, speculative bets)
https://www.betangel.com/user-guide/tak ... ters_.html

[jamesedwards]

Issue will be that you have to do this earlier than you would like as raves dont go off on time

z45.JPG

[weemac]

Use signals.

[lotora]

How are you defining a 'Normal' bet to a 'Speculative' bet?

A “normal” bet and a “speculative” bet are identical in setup, but the difference lies in the likelihood of being matched. For normal bets, I’m asking for odds that are more likely to get matched during regular trading. For speculative bets, I’m deliberately asking for odds that are less likely to get matched before the off.

The issue is that when a normal bet is matched, the unmatched speculative bet unintentionally goes to SP along with the normal offset, which I want to avoid. The challenge is separating the two without impacting the normal betting process.

Take SP on unmatched bets that are within 'X' ticks of the current price (ie, normal bets) those that are unmatched further away ignore (ie, speculative bets)
https://www.betangel.com/user-guide/tak ... ters_.html

Thanks for the suggestion! Let’s say I only operate with three potential odds for "speculative" lay bets: 2.00, 3.00, and 4.00. In that case, I assume I’d need to create three separate "Take SP" rules to handle these odds specifically. Could you guide me through how to set this up properly?

[Fugazi]

Issue will be that you have to do this earlier than you would like as raves dont go off on time

z45.JPG

Haha wondered when that would get abused

[Anbell]

Another possibility might bet to:
1. place normal bets
2. take sp
3. place speculative bets

[lotora]

Thank you all! I’ve managed to refine my setup and now use what I consider more sophisticated conditions to address the issue.