automation rule for horses

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geoffrey1928
Posts: 78
Joined: Thu Jan 31, 2013 2:23 pm

Dallas wrote an automation rule for trading on horses that were likely to be frontrunners.

Place a back bet on a horse prior to the off, then hopefully if it hits the front, place a lay bet when the price drops, locking in a profit.

Am I right in assuming this automation rule should only be 'redding up' (should the price go the wrong way and we are trying to minimise losses) in play?

It seems to be redding up sometimes even before the race starts, advice please.
Back 2 Lay #1.baf
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Dallas
Posts: 23489
Joined: Sun Aug 09, 2015 10:57 pm

geoffrey1928 wrote:I want a rule that

Places a £10 back bet (it can be for the favourite, I can change this to a specific horse for each race).

Back bet to be placed at around 2 minutes before off.

Need a lay bet that would get a profit of around 15%...not sure how many ticks this would be, this would need to carry on into in play of course.

Would need a rule that greens/reds up if price goes wrong way, ie 15% the other way.

If someone can help out, please let me know your price!!

Thanks
Its set to Green or Red at £1.50 / -£1.50 as you requested - you never asked for it to only do this if in-play, Its easy enough to change if you only want to close when In-Play.

Just click on the green profit & red loss lines and set the arm trigger times to after the event has gone in play.
geoffrey1928
Posts: 78
Joined: Thu Jan 31, 2013 2:23 pm

Thanks (again) Dallas, yes, I know I didn't ask for it when I first posted the request, it wasn't something I had thought about last week, It is just in testing, some of the bigger priced horses are drifting too far the other way before the off, so I thought it might be an idea to delay the stop/loss....

thanks again!
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