Automation for Lay to Back Trades
I currently use betangel basic to do lay to back trades however it takes time monitor and manually moving the bets to make sure i am the best price. I had a look at the guardian tool on a betangel profession free trial however i did not really understand it would it be easy to set a rule to lay a horse or horses at the best possible price up to a set price or would it have to be done by a excel command
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convoysur-2
- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
how would the software know what the best price is going to be ?
I will give you an scenario I think Horse A will drift I want to exploit previous night early morning odds so the current spread at that time might be something like Back 10 Lay 15 my Limit would be 14 so I would like to lay at close to 10 as possible I currently do this manually by putting a lay bet at 10 and check the market every 15 minutes and if the price has changed i will manually change the lay bet to make sure i am best price from a backing point of view
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convoysur-2
- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
im sorry i dont think i can help you with that one
Marc
Marc
Yes it's straight forward to be done within guardian, you would just instruct it to place your lay 1 tick above the current best reverse price where there is money waiting and use the fill or kill function set 15mins (or what ever time you want) and if not matched it will cancel and resubmit 1 tick above the current best reverse price with money waiting.
You can also specify a range of odds to do this within ie only place the lay if between 9.0 & 17.0 or just not to lay above a maximum odds etc.
It can do this constantly till either matched or you tell it what time to stop.
You can also specify a range of odds to do this within ie only place the lay if between 9.0 & 17.0 or just not to lay above a maximum odds etc.
It can do this constantly till either matched or you tell it what time to stop.
Last edited by Dallas on Tue Feb 02, 2016 6:46 pm, edited 1 time in total.
I have nearly sussed it i have place fill or kill after 60 seconds however the problem is it does not rearm the bet on the general tab of automation it should rearm after 5 seconds i even changed this to 65 seconds to take into account the 60 seconds of the kill or fll function but it still does not place a new bet any ideas how to correct this
The 60 fill/kill & 65 rearm is correct - you need to change the triggers as well (even if it does nt match it counts as a trigger) so set the trigger multiple times.
If your running the rule for 4 hrs you would need it to trigger at least 240 times
Once its matched once if you dont want it to place anymore then add a condition
"Matched bets condition"
Equals 0
If your running the rule for 4 hrs you would need it to trigger at least 240 times
Once its matched once if you dont want it to place anymore then add a condition
"Matched bets condition"
Equals 0