Find the Gap Guardian Automation Bot for Greyhounds

[Mike Oxlong]

Hi guys

Just downloaded this bot and run as-is, but the lay bet doesn't seem to be re-triggering if killed? Logs below:

Code: Select all

21/01/2024 11:50:00: [G_Auto 1] :  £ 5.00 Back bet placed on 2. Minnies Mira at 4.4. Entirely unmatched when it initially reached the market.   Ref: 10039          ( Fill or kill bet with 10 seconds delay.   )
21/01/2024 11:50:00: [G_Auto 1] :  £ 5.00 Lay bet placed on 2. Minnies Mira at 4. Entirely unmatched when it initially reached the market.   Ref: 10040          ( Fill or kill bet with 10 seconds delay.   )
21/01/2024 11:50:10: [G_Auto 1] :  £ 5 unmatched bet (Ref:10040) was killed.
21/01/2024 11:50:10: [G_Auto 1] :  £ 5 unmatched bet (Ref:10039) was killed.
21/01/2024 11:50:25: [G_Auto 1] :  £ 5.00 Back bet placed on 2. Minnies Mira at 4.3. Entirely unmatched when it initially reached the market.   Ref: 10041          ( Fill or kill bet with 10 seconds delay.   )
21/01/2024 11:50:25: [G_Auto 1] :  £ 5.00 Lay bet placed on 2. Minnies Mira at 3.95. Entirely unmatched when it initially reached the market.   Ref: 10042          ( Fill or kill bet with 10 seconds delay.   )
21/01/2024 11:50:31: [G_Auto 1] :  £ 5 of unmatched bet (Ref:10041) was filled before remainder was killed.
21/01/2024 11:50:35: [G_Auto 1] :  £ 5 unmatched bet (Ref:10042) was killed.

Any guidance would be amazing!
Thanks

[Dallas]

It requires that there is at least a 5 tick spread (gap) between the back and lay price, if that gap narrows it won't trigger again until there is a another gap

[Mike Oxlong]

Ah yes that makes sense… Apologies for the silly question.
At risk of asking another one, but is there a way to set the trigger so that it triggers if there is more than an x tick gap but less than y tick gap? Had a look through the parameters but couldn’t see a max gap limit parameter.

[Dallas]

Ah yes that makes sense… Apologies for the silly question.
At risk of asking another one, but is there a way to set the trigger so that it triggers if there is more than an x tick gap but less than y tick gap? Had a look through the parameters but couldn’t see a max gap limit parameter.

You'd add another 'Relative Odds Condition' on the rule
There by creating a range for the rule to trigger in

[Fugazi]

Old bot I know.

It doesn't seem to be following the condition ''relative odds'' correctly:





Even when I adjust this number to ''10'' its still placing bets in situations like this where theres only 2 ticks between unmatched bets waiting:

]

EDIT: I think my problem came from setting "any selection". I will check later but I believe this will solve the issue. Any selection was using odds from different horses to hit the criteria. Oops!

[kenfrost]

Thanks for this Dallas

I am just trying to work out the thinking behind this.

If I understand it correctly, the idea is to place a back and lay bet on the first two dogs if there is a 5 tick gap.

When both back and lay are matched there will be a profit, if only one side is matched the green up will mitigate the loss.

Have I understood this correctly please?

I gave it a test run on one pre race, and one dog was fully matched the other dog in track 2 only matched on the lay side; so the resulting green up produced a loss.

Am I right in thinking that because greyhound prices are so volatile, the overall profit if you run this on many races will exceed the losses where there is not a full match?

Thanks

[Fugazi]

Thanks for this Dallas

I am just trying to work out the thinking behind this.

If I understand it correctly, the idea is to place a back and lay bet on the first two dogs if there is a 5 tick gap.

When both back and lay are matched there will be a profit, if only one side is matched the green up will mitigate the loss.

Have I understood this correctly please?

I gave it a test run on one pre race, and one dog was fully matched the other dog in track 2 only matched on the lay side; so the resulting green up produced a loss.

Am I right in thinking that because greyhound prices are so volatile, the overall profit if you run this on many races will exceed the losses where there is not a full match?

Thanks

New here also, but I believe you need to use global settings. . Use "fill or kill" and batches. It wont place the opposing bet until the initial bet is matched. Without this, you will only have a stop loss on one side (if you use offset with stoploss) , and youll have trouble if the side of the bet without a stop loss gets matched first and prices drastically shortens/drifts.

The AI help chat and manual will walk you through all that

[kenfrost]

thanks, but it was placing both sides of the trade

[Fugazi]

the other dog in track 2 only matched on the lay side; so the resulting green up produced a loss.

Am I right in thinking that because greyhound prices are so volatile, the overall profit if you run this on many races will exceed the losses where there is not a full match?

Thanks

This is the bit Im referring to. Using the methods I suggested to set a stop loss will prevent the losses wildly running away.

So yes, you will make a loss when this happens, but a small loss rather than a big one. You're in a better position then to still make an overall profit

[kenfrost]

Thanks, so my understanding is correct namely that it will produce an overall profit if used on many greyhound markets because they are so volatile?

Are people who are using this finding it to be the case?

[Fugazi]

Thanks, so my understanding is correct namely that it will produce an overall profit if used on many greyhound markets because they are so volatile?

Are people who are using this finding it to be the case?

As it is, no it will not make money.

All the bots that are shared you need to play with and customise. The reason the bots are shared is to save the initial leg work. But you need to do trial and error of customization. But you need to have a theory of WHY a customization should work. Then if it doesn't, you have to think about why NOT, to try a new theory.

Example: I think 5 ticks is too big a gap, the market is too volatile and can shoot up or down the ladder at random. Therefore I am going to trial 3 tick gaps.

3 tick gap doesn't work. I now think WHY NOT? I need to watch the bot and figure out why it is failing at 3 ticks...

Etc etc

[kenfrost]

Thanks, yes I agree the standard bots don't produce profits.

So long as I understand the thinking behind this, and based on our discussion it seems I have, then I will see what I can tinker with to try to make it work.

Thanks again.