CLICK ME MR BRAIN BOX x) How do i automate?

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n00b
Posts: 2
Joined: Sun Apr 15, 2012 3:35 am

Here's my situation..........

I open a horse racing market today, it's the 4.40 @ Newcastle.

BTW it's 12.22pm.

I see a horse named Horse A. Its currently trading at 7 and 7.2. I now want to back the horse at 8.2 for £10 in the hope it gets matched fully or even partially. I want the automation to attempt to back 'Horse A' every 10 seconds or just leave a back bet up all the time. Either way I don't really care. I want the automation to cancel all unmatched back bets @ 4.10pm or 30 mins before the off.
What I really need help with is this part (I still need help with step 1). I want the automation to lay Horse A if the 8.2 gets matched @ 6.4 for £x.xx to give me an equal green on each horse in the race, again I don't mind if the 6.4 lay is always available or if the software tries to lay it every x seconds.

Now lets imagine my 8.2 back bet got fully matched, yet the horse never reached 6.4. Now I want the automation the green/red out @ Betfair SP. If this isn't possible then i'd like to g/r out @ the price 2 minutes before the off.
Which is better value in the long run??? And is any of this even possible?
I know I need to add more information, but I can't be bothered right now. I will do it if I know this is all possible, such as what happens if only £8.22 gets matched @ 8.2 etc.

Also wanted to thank you if you read all that :mrgreen:
n00b
Posts: 2
Joined: Sun Apr 15, 2012 3:35 am

Surely someone knows if this is even possible?
legendz
Posts: 145
Joined: Wed Jan 25, 2012 11:57 am

watch the training videos .... if you can be bothered !
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MarketTrader
Posts: 120
Joined: Wed Mar 18, 2009 12:34 pm

The shouting title of 'CLICK ME MR BRAIN BOX x)' made me run a mile to be honest. I expect many people have not even read this post.

But having read your request I would say you are asking for a really complicated set of rules and conditions. this would take someone an hour or more to go through and test and even then there is no guarantee that it will do as you ask.

Breaking it down seems to show that each condition is possible: Back every 10 seconds, cancel all unmatched at a specific time and so on.

The Lay bet at 6.4 can be placed using the green profit condition. I don't understand why you would want to lay every few seconds? Once the lay bet is submitted it will sit there at the price you asked until it is matched. There is no need to keep submitting the bet.

In the scenario where you say imagine it never reached 6.4. You can specify a greening rule at 2 mins before the off at the price available at that time. Have you not tried this? You cannot specify to green at the SP as the SP is not known until after the race has begun so a stake calculation cannot be made.

This has already taken me longer to go through than I had intended! I hope you are closer to getting what you want. I would suggest the best way to find out is to put the hours in and test a set of rules. Get your hands dirty.
Alpha322
Posts: 931
Joined: Fri Oct 30, 2009 4:45 pm

MarketTrader wrote:The shouting title of 'CLICK ME MR BRAIN BOX x)' made me run a mile to be honest. I expect many people have not even read this post.
i agree
MarketTrader wrote:But having read your request I would say you are asking for a really complicated set of rules and conditions. this would take someone an hour or more to go through and test and even then there is no guarantee that it will do as you ask.
Sounds to complex and isnt basic trading, its bad enough working out a strategy for ones self. As someone said on here it looks to complex
so am out
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