Advice on exiting please?

[skotten84]

Hi,

I am learning to trade horses pre-race and in play. My strategy is to find front runners to back and then lay in play.

I back them and then after the off place a lay bet to green up at a 50% profit, e.g. 75% of my back price.

If it isn't filled I try to place a lay bet for the same stake above the market to close that trade BUT so as NOT to green up (red up?) and so that I only lose money if that horse goes on to win.

I am sure however that sometimes my first lay bet is being left in the market and being filled in the final couple of furlongs when it's a close finish, causing me to lose money.

Questions; what are the standard BetAngel settings for when you press "Close trade for this predicted profit" under the "Trade profit" column in the One-Click screen? Is it not set to cancel all unmatched bets in the market when I click there, and if not can I set it to do so?

Also is there a way I can set bets in the ladder placed pre-race to stay in the market after the off? Similar to the "go in-play" option on Betfair?

Help appreciated!

[Dallas]

what are the standard BetAngel settings for when you press "Close trade for this predicted profit" under the "Trade profit" column in the One-Click screen? Is it not set to cancel all unmatched bets in the market when I click there, and if not can I set it to do so?

If you go into settings > edit settings > Behaviour and make sure the box is ticked for "Cancel a selections unmatched bets when closing a trade"

Also is there a way I can set bets in the ladder placed pre-race to stay in the market after the off? Similar to the "go in-play" option on Betfair?

For unmatched bets you can choose to "Keep bets" or "Take SP" further details here in the user guide
http://www.betangel.com/user-guide/bet_ ... 3D&mw=MzIw

[skotten84]

Thanks for the reply mate!

One more, do you know if it's possible to get a scale for the x (time) axis on the betfair price and volume charts? Or what the units are by default?

[Dallas]

Except for selecting the refresh times on the chart itself you cant customize the standard Betfair chart as its a feed displayed in Bet Angel directly from the Betfair site and displays the market since opening.
You can use the Bet Angel advanced chart options and create a similar chart where you will be able to set the time / volume etc to your requirements

These links should help

http://www.betangel.tv/videos/uba/charting-facilities

http://www.betangel.com/user-guide/usin ... 3D&mw=MzIw

[skotten84]

Except for selecting the refresh times on the chart itself you cant customize the standard Betfair chart as its a feed displayed in Bet Angel directly from the Betfair site and displays the market since opening.
You can use the Bet Angel advanced chart options and create a similar chart where you will be able to set the time / volume etc to your requirements

These links should help

http://www.betangel.tv/videos/uba/charting-facilities

http://www.betangel.com/user-guide/usin ... 3D&mw=MzIw

Thanks for your help, much appreciated!