Question on the Rule Types

[smgreyuk]

Hi, I am trying to do the following:

Back at 30 Mins
Then Back at 50 Mins
If Condition Happens, Green up during that window of time to Green Up
Here I have used Green All Selections This is an expected win condition for me

If condition doesn't happen by 70 Mins I then want to get out and take a loss.
Here I have used Close Trade on Selection

Are they the right Rule Types to use?

The reason I ask is the wins seem very low and the loses seem rather high.

For example - A loss

Backed 0.50 at odds of 1.5 at 30 Mins
Backed 0.50 at odds of 2.14 at 50 Mins

Layed 1.00 at odds of 4.8 at 70 Mins

Loss of -£2.98 !!
(I only used £1 split over two back bets)


For Example - A Win

Backed 0.50 at odds of 1.52 at 30 Mins

Condition Happened 4 minutes later

Layed 0.63 at odds of 1.2 at 34 Mins

Win of just £0.13 !!

Something doesn't seem right to me, surely one (or both) of the rule types that I am using are wrong?

[jtrader]

What does it seem incorrect - you just close trade on selection (without greening) in 1st case and you have a loss of -£2.98 on selection and £0.00 on other selections and 2nd case you close trade with greening and profit is £0.13!

If you wish 1st case loss to be hedged you need to lay £0.38 @ 4.80 and then hedged loss should be -£0.62!

Just use 'Close trade on selection with greening' or 'Green All Selections' rule to hedge a trade.

[smgreyuk]

Thank you, I shall give it a go

[ShaunWhite]

Why does it seem incorrect.....

With all the tech people have forgotten how to use pen and paper to check figures.