I'm trying to automate a back to lay strategy I currently place manually but am struggling a bit and wonder if anybody can help with advice on rules please.
My manual process is to back say £10 just before the off and then place a lay bet in the keep that will generate me a break even (zero) position on the selection with a £5 profit on the rest of the field.
In essence I'm targeting front runners that I don't think will win so don't want any profits left on the trading selection, I'm just trying to create a green book on the rest of the field with a scratch position on the selection.
Rule 1 is simple enough, place the back bet 1 minute out on the nominated selection at best price, I can create that easily enough.
Rule 2 is the one giving me problems, fire a lay bet when the market has turned in play and I can achieve my desired field profit with a scratch position on the nominated selection.
It's a fairly simple process conducted manually to place the £10 back bet and calculate the price that I can lay £15 leaving me in a scratch position on the selection but I'm not sure if it can be done in guardian automation or if it will need an excel solution.
Back To Lay Automation
Sorted this I think.
Just a case of:
Rule 1 - Place the back bet on nominated selection
Rule 2 - green up the field on desired field profit
Rule 3 - Lay the nominated selection to field profit liability on desired field profit
Seemed to work OK on testing today.
Just a case of:
Rule 1 - Place the back bet on nominated selection
Rule 2 - green up the field on desired field profit
Rule 3 - Lay the nominated selection to field profit liability on desired field profit
Seemed to work OK on testing today.