I dutch / bookmake (meaning both back and lay bets on a selection). I want to reduce variance of profit/loss by placing an SP bet for each selection.
I can think of a lengthy solution around total back bets in £ minus total lay bets in £, if minus then place SP back bet at the value. If positive than place lay bet at the value.
Just wondered if theres an easier way?
Back/lay SP depending on total back/lay values
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ShaunWhite
- Posts: 10354
- Joined: Sat Sep 03, 2016 3:42 am
You're only issue will be the lay stake, Betair will adjust it if the SP will give you a greater liability than you wanted when the SP price was unknown. So as well as working out the SP bet, you'll need to cancel/amend it as the estimated SP changes (ie approx the last mid price) or your liability changes (ie you get further matches). All doable though.
Ah just thought about the faff with SP lay being on liability not fixed stake too. Considered just green up for now , albeit losing a bunch of value. But that got annoying with the off varying between around -40s to +40s on the sofa.ShaunWhite wrote: ↑Tue Mar 25, 2025 7:57 pmYou're only issue will be the lay stake, Betair will adjust it if the SP will give you a greater liability than you wanted when the SP price was unknown. So as well as working out the SP bet, you'll need to cancel/amend it as the estimated SP changes (ie approx the last mid price) or your liability changes (ie you get further matches). All doable though.
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ShaunWhite
- Posts: 10354
- Joined: Sat Sep 03, 2016 3:42 am
'faff'? Automation is all faff. And on rare occasions you're paid for it.
ShaunWhite wrote: ↑Wed Mar 26, 2025 12:51 am'faff'? Automation is all faff. And on rare occasions you're paid for it.
True