Help with Greening Up Profit (and Loss) Using Short Odds

[satoshi-pl]

Hello everyone,

I need some help on how to ensure that I green up with profit (and loss, depending on the market situation) when using short odds, where the spread is much smaller compared to long odds.

I don’t think this happens automatically, as I’ve noticed in the logs that the market was greened up at odds like 21, for example.

Here’s the scenario:
Let's say I have automated a strategy for Selection 2. However, Selection 2 is losing, and the short odds are on Selection 1's side.
When I applied the Green Up All Selections rule and set the condition to 'In Order of Favoritism' = 1, nothing was greened up at all. This makes me wonder if the rule hasn't triggered properly.

Any advice on how to address this would be greatly appreciated.

Thanks!
Mat

[ShaunWhite]

Green up all wouldn't usually have a selection specified such as order of favouritism . BA will find the most advantageous bet to secure the best outcome without you doing that.

[satoshi-pl]

Ok, cheers. That's good to know! You solved my "problem".

[jtrader]

Hello everyone,

I need some help on how to ensure that I green up with profit (and loss, depending on the market situation) when using short odds, where the spread is much smaller compared to long odds.

I don’t think this happens automatically, as I’ve noticed in the logs that the market was greened up at odds like 21, for example.

Here’s the scenario:
Let's say I have automated a strategy for Selection 2. However, Selection 2 is losing, and the short odds are on Selection 1's side.
When I applied the Green Up All Selections rule and set the condition to 'In Order of Favoritism' = 1, nothing was greened up at all. This makes me wonder if the rule hasn't triggered properly.

Any advice on how to address this would be greatly appreciated.

Thanks!
Mat

If you've noticed when greening-up the closing bets are made against bets that placed before and they are still possible outcomes and not placed such bets on selections that have not bet before.

[satoshi-pl]

Yes, this I was totally aware of. I just thought that greening up on the long odds side will most likely not be the most profitable one, but if that's not the case I'm happy.
I have another question if you don't mind.

The scenario is:
1) I am backing selection 1, goes wrong - liability of 2 EUR
2) I changed my mind, or chase losses, whatever you want to call it, back selection 2 for a potential profit of 2 EUR, if that side wins.
3) Now the market goes again not in my favor, and I want to place a bet, that selection 1 will have an exact potential win of 2 EUR, if it wins. Is Betangel able to do such profit calculation?

That would be extremely helpful!
Cheers