Horse racing inplay
Hi, as a complete novice to all this, may I ask if in the horse racing inplay market it's possible for Bet Angel to trigger a back bet at a certain level, and rather than hang around if it misses out have the bet taken at a lesser price if the horse continues to shorten?
It's the favourite I'm working on at the moment, I believe I've got the hang of triggering the market at a certain number of ticks below sp (although I would prefer a certain percentage below sp), it's just that if it doesn't get matched on the way in, it can get matched on the way out to 1000/1 when all hope has gone. So I need it to be taken around the trigger price or less.
On the parameters page use the fill or kill box to remove triggered bets if its not been taken within say 5 secs, you ll have to make sure the bets are able to trigger more than once incase its not taken first time and also apply some rule conditions to make sure that once its triggered the following are done
Add "number of unmatched bets" condition equal to 0 to ensure only one bet is triggered at at any one time.
Also the "Matched bets amount condition" is equal to £0 will prevent further bets been triggered as soon as one is matched.
If it helps i can upload a quick file with the core of the rule done for you just to tweek the price points etc or see how it compares to yours and amend from there
Add "number of unmatched bets" condition equal to 0 to ensure only one bet is triggered at at any one time.
Also the "Matched bets amount condition" is equal to £0 will prevent further bets been triggered as soon as one is matched.
If it helps i can upload a quick file with the core of the rule done for you just to tweek the price points etc or see how it compares to yours and amend from there
Easiest way is to duplicate the rule you already have and amend the price points, I have attached the basic core of the rule for you to look at and see how it compares to yours, if you check the conditions you ll see how its set to re-trigger if a price is nt matched and the odds continues to come in.
Just download it then import straight into your guardian, let me know if its helped.
Just download it then import straight into your guardian, let me know if its helped.
Last edited by Dallas on Fri Nov 06, 2015 2:13 pm, edited 1 time in total.
No problem, you ll still need some sort of fixed price condition, without it if you set to place a back bet 20 ticks below SP and it goes off at 3.0 it will immedietly back at 2.60 when it turns in play.
An example would be to
Set the first back 20 ticks below SP and use the "fixed odds condition" only to fire when price is 15 ticks below actual SP
your next back 40 ticks below SP set the condition only to fire when price is 35 ticks below actual SP
As long has you still have the number of unmatched and matched amount conditions on each back line it will still only allow one of the above.
An example would be to
Set the first back 20 ticks below SP and use the "fixed odds condition" only to fire when price is 15 ticks below actual SP
your next back 40 ticks below SP set the condition only to fire when price is 35 ticks below actual SP
As long has you still have the number of unmatched and matched amount conditions on each back line it will still only allow one of the above.
Hi Dallas, one last thing, as far as I can tell the fixed price condition is as the name suggests for fixing a price rather than a certain number of ticks. So if my trigger is at 20 ticks, I would need to convert the 15 ticks condition to a price, and change it for every race?
Yes thats right unless your selecting races with the fav's SP around the same price you would have to recalculate the number of ticks needed and save as separate rules.
To use same rule on all favs regardless of price instead of the "fixed odds" condition use the "Relative odds condition" and set it as
The selections "last traded price"
is "Equal to"
the "actual SP"
Minus X ticks (set this to just a few ticks more than the amount used on the parameters page) so when it trades at this price your back bet is triggered and placed just below
and repeat that for each of the back rule lines
If its got a bit to confusing i can edit the original file i sent you with these changes done just for you to tweek.
Just let me know
To use same rule on all favs regardless of price instead of the "fixed odds" condition use the "Relative odds condition" and set it as
The selections "last traded price"
is "Equal to"
the "actual SP"
Minus X ticks (set this to just a few ticks more than the amount used on the parameters page) so when it trades at this price your back bet is triggered and placed just below
and repeat that for each of the back rule lines
If its got a bit to confusing i can edit the original file i sent you with these changes done just for you to tweek.
Just let me know
Updated file attached
Just in case you had nt already done it I have also added a "Fix market order" condition this snapshots the order of the market (in this case 1 sec before post time) and remembers it for the rest of the rule
As the fav is not always in row 1 and if you apply any rule using "position in order of favourtism" it will apply the rule to the lowest priced horse (whos ticks drop X below SP) and not necessarily the actual SP fav.
Any problems let me know
Just in case you had nt already done it I have also added a "Fix market order" condition this snapshots the order of the market (in this case 1 sec before post time) and remembers it for the rest of the rule
As the fav is not always in row 1 and if you apply any rule using "position in order of favourtism" it will apply the rule to the lowest priced horse (whos ticks drop X below SP) and not necessarily the actual SP fav.
Any problems let me know
Last edited by Dallas on Fri Nov 06, 2015 6:39 pm, edited 1 time in total.